Business Solutions's second$-$quarter $2022$ fixed budget performance report for its computer furniture operations follows. The $$166,190$

budgeted expenses include $$109,810$ in variable expenses for desks and $$16,380$ in variable expenses for as $$40,000$

of fixed expenses. Actual fixed expenses total $$42,000.$

Required:

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

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.