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.

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