Business Solutions's second$-$quarter $2022$ 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

$$30,000$ of fixed expenses. Actual fixed expenses total $$31,000.$

Required:

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

Note: Indleate the effect of each varlance by selecting favorable, unfavorable, or no varlance.