Business Solutions second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $162,050 budgeted expenses include $110,200 in variable expenses for desks and $18,850 in variable expenses for chairs, as well as $33,000 fixed expenses. The actual expenses include $34,500 fixed expenses.

Actual Variances Fixed Budget Results 145 65 187,050 $ 151 73 Desk sales (in units) Chair sales (in units) Desk sales (in dollars) Chair sales (in dollars) Total expenses Income from operations 193.280 $ 6,230 F 39,785 5,335 F 170,750 $ 8,700 U $ 34,450 162,050 59.450 $62,315 2,865 F Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variances (Click to select) (Click to select) (Click to select (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select)