Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $170,980 budgeted expenses include $117,260 in variable expenses for desks and $22,720 in variable expenses for chairs, as well as $31,000 of fixed expenses. Actual fixed expenses total $32,200.

	Fixed Budget	Actual Results	Variances
Desk sales (in units)	143	149
Chair sales (in units)	71	79
Desk sales	$ 191,620	$ 198,170	$ 6,550	F
Chair sales	40,470	46,215	5,745	F
Total expenses	170,980	180,070	9,090	U
Income	$ 61,110	$ 64,315	$ 3,205	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.)