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

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.

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.-...