Business Solutions's second-quarter 2018 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 expenses separately.

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Fbxed Budget Actual Results Varlances Desk sales (In units Chalr sales (In unlts) Desk sales Chalr sales Total expenses Income from operatlons. 144 72 $180,000 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