Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $159,320 budgeted expenses include $108,800 in variable expenses for desks and $13,520 in variable expenses for chairs, as well as $37,000 of fixed expenses. Actual fixed expenses total $38,700. Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income For Quarter Ended June 30 Desk sales Chair sales. Variable expenses Contribution margin Fixed Budget Fixed expenses Income 136 52 Actual Results. Variances 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.) 142 60 $ 176,800 $ 183, 180 $ 6,380 F 27,040 32,100 5,060 F 159,320 168,300 8,980 U $ 44,520 $ 46,980 $ 2,460 F BUSINESS SOLUTIONS Flexible Budget Performance Report Flexible Budget Actual Results Variance Favorable/Unfavorable