Business Solutionss second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 of fixed expenses. Actual fixed expenses total $31,000.

	Fixed Budget	Actual Results	Variances
Desk sales (in units)	144	150
Chair sales (in units)	72	80
Desk sales	$ 180,000	$ 186,000	$ 6,000	F
Chair sales	36,000	41,200	5,200	F
Total expenses	156,000	163,880	7,880	U
Income	$ 60,000	$ 63,320	$ 3,320	F

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.)