Bison Business Solutions' second-quarter 2021 fixed budget performance report for its computer furniture operations follows. The

$180,550 budgeted expenses include $126,990 in variable expenses for desks and $14,560 in variable expenses for chairs, as well as

$39,000 fixed expenses. The actual expenses include $40,600 fixed expenses. List fixed and variable expenses separately.

Desk sales (in units)

Chair sales (in units)

Desk sales

Chair sales

Total expenses

Income from operations

Fixed Budget Actual Results Variances

153

159

52

60

$195,840

$201,930

30,680

36,300

180.550

189,820

S6.090 F

5,620 F

270 U

$

45.970

48,410

$2,440 F

Prepare a flexible budget performance report that shows any variances between budgeted results and actual results.

BUSINESS SOLUTIONS

Flexible Budget Performance Report

For Quarter Ended June 30

Flexible Budget Actual Results

Variance

Fav./Unf.

Bison Business Solutions's second-quarter 2021 fixed budget performance report for its computer furniture operations follows. The $180,550 budgeted expenses include $126,990 in variable expenses for desks and $14,560 in variable expenses for chairs, as well as $39,000 fixed expenses. The actual expenses include $40,600 fixed expenses. List fixed and variable expenses separately. Fixed Budget Actual Results Variances 153 159 Desk sales (in units) Chair sales (in units) Desk sales 52 60 $201,930 $195,840 30,680 $6,090 F Chair sales 36,300 5,620 F Total expenses 180,550 189,820 9,270 U Income from operations $ 45,970 $ 48,410 $2,440 F Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variance Fav./Unf