Business Solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. The $155,530 budgeted expenses include $108,750 in variable expenses for desks and $13,780 in variable expenses for chairs, as well as $33,000 fixed expenses. The actual expenses include $34,900 fixed expenses. List fixed and variable expenses separately.

	Fixed Budget	Actual Results	Variances
Desk sales (in units)	145	151
Chair sales (in units)	53	61
Desk Sales	$ 184,150	$ 190,260	$6,110 F
Chair Sales	31,270	36,905	5,635 F
Total Expenses	155,530	164,440	8,910 U
Income from operations	59,890	62,725	2,835 F

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

Business Solutions
Flexible Budget Performance Report
For Quarter Ended June 30
	flexible budget	actual results	variances	Fav./Unf
desk sales
chair sales
variable expense
Contribution margin
Fixed Expenses
Income from operations