Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $173,010 budgeted expenses include $120,540 in variable expenses for desks and $16,470 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,900.

	Fixed Budget	Actual Results	Variances
Desk sales (in units)	147	153
Chair sales (in units)	61	69
Desk sales	$ 198,450	$ 205,020	$ 6,570	F
Chair sales	33,550	38,985	5,435	F
Total expenses	173,010	182,330	9,320	U
Income	$ 58,990	$ 61,675	$ 2,685	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.)