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11 CallBase Technologies manufactures capacitors for cellular base stations and other communications applications. The company's July 2024 flexible budget shows output levels of 8,000, 9.500, and 11,500 units. The static budget was based on expected sales of 9,500 units. The company sold 11 500 units during July. Its flexible budget and actual operating income was as follows: Click the icon to view the flexible budget.) Click the icon to view the income statement.) Read the requirements cord Kore Requirement 1. Prepare a flexible budget performance report for July (Enter a 'o' for any zero balances. For any $0 variances, leave the Favorable (FyUnfavorable (U) input blank.) Cote st CellBase Technologies table Data table CellBase Technologies Flexible Budget For the Month Ended July 31, 2024 Budget Amount per Unit Cell Base Technologies Income Statement For the Month Ended July 31, 2024 Sales Revenue $ 294,500 Variable Expenses 143.100 Contribution Margin 151,400 53.500 Fixed Expenses $ 97,800 Operating Income s Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses 8,000 9,500 11,500 25 $ 200.000 $ 237,500 $ 287,500 12 96,000 114,000 138,000 104,000 123,500 149,500 52,000 52.000 52,000 $ 52.000 $ 71,500 $ 97.500 Done Print Operating Income Done Print 4 5 CellBase Technologies Flexible Budget Performance Report For the Month Ended July 31, 2024 2 3 (1)-(3) Flexible Actual Budget Flexible Results Variance Budget 11500 11500 Budget Amounts (3) - (5) Sales Volume Variance Static Budget 9500 Per Unit Units Sales Revenue 25 12 Variable Expenses Contribution Margin Fixed Expenses Operating Income Requirement 2. What was the effect on CellBase's operating income of soling 2,000 units more than the static budyot level of sales? Selling 2,000 units more than the static budget level of sales increased CollBase's operating income by Next elling 2,000 units more than the static budget level of sales increased CellBase's operating income by equirement 3. What is CellBase's static budget variance for operating income? ellBase's static budget variance is meaning that its operating income is than expected er the static budget. Cequirement 4. Explain why the flexible budget performance report provides more useful information to CellBase's managers than the simple static budget ariance. What insights can CellBase's managers draw from this performance report? Choose two reasons why the flexible budget performance report provides CellBase's managers with more information than the simple static budget variance job. They sold units than expected and sold them at a price than expected These variances suggest that the marketing department did a Next

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