Business Solutions second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $156,000

Business Solutions’ second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 fixed expenses. The actual expenses include $31,000 fixed expenses. Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expensesseparately.

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Fixed Budget Actual Results Variances Chair sales (in units) Desk sales (in dollars).·····.. Chair sales (in dollars) Total e Income from operations 144 72 $180,000 S 36,000 $156,000 $60.000 150 80 $186,000 $41.200 $163,880 $63,320 $6,000 F $5,200 F $7,880 U $3.320 F xpenses -^A.-...