PLEASE HELP! Business solutions second quarter 2022 fixed budget performance report for his computer furniture operation follows. Do you $170,810 budgeted expenses including 119,520 and variable expenses for desks and 18,290 in variable expenses for chairs as well as 33,000 to fix expenses. Actual fixed expenses total 34,300. Prepare a flexible budget performance report that she was variance between budgeted results an actual results. Indicate the effect of each variance by selecting favorable on favorable or no variance.

SP 21 Serial Problem Business Solutions (Algo) LO P1 Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $170,810 budgeted expenses include $119.520 in variable expenses for desks and $18.290 in variable expenses for chairs, as well as $33,000 of fixed expenses. Actual fixed expenses total $34,300 Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of eoch variance by selecting favorable, unfavoroble, or no variance.)