Business Solutions's second quarter 2022 fixed budget performance report for its computer furniture operations follows. The $162.940 budgeted expenses include $110,960 in variable expenses for desks and $17.980 in variable expenses for chairs, as well as $34,000 of fixed expenses. Actual fixed expenses total $35.400 Variances Dask sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income Actual Fixed Budget Results 146 152 62 70 5 182,500 $ 188,480 37,200 43,050 162,940 171,550 5 56,760 $ 59,980 $ 5,980F 5,850 8,610 u $3,220 Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results (Indicate the effect of each variance by selecting favorable; unfavorable, or no variance.) BUSINESS SOLUTIONS Flexible Budget Performance Report Flexible Budget Actual Results Variance 188.480 43.050 Favorable/Unfavorable For Quarter Ended June 30 Desk sales Charles Vanable expenses Contbubon margin Fixed expenses Income