Business Solutions's second quarter 2016 fixed budget performance report for its computer furniture operations follows. The $160, 780 budgeted expenses include $117,000 in variable expenses for desks and $13, 780 in variable expenses for chairs, as well as $30,000 fixed expenses. The actual expenses include $31, 700 fixed expenses. List fixed and variable expenses separately. Prepare a flexible budget performance report that shows any variances between budgeted results and actual results