Business Solutions second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $156,540 budgeted expenses include $109,200 in variable expenses for desks and $15,340 in variable expenses for chairs, as well as $32,000 fixed expenses. The actual expenses include $33,100 fixed expenses.

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.)

Desk sales (in units) Chair sales (in units) Desk sales in dollars) 140 59 Actual Fixed Budget Variances Results 146 67 184,800 $ 191,260 $ 6,460 F $ 34,220 $ 39,865 $ 5,645 F $ 156,540 $ 164,870 $8,330 U $ 62,480 $ 66,255 $ 3.775 F Chair sales (in dollars) Total expenses Income from operations BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variances ta (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) y (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select)