Question: please include formulas :) Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $159,390 budgeted expenses include $102,600 in

 please include formulas :) Business Solutions's second-quarter 2022 fixed budget performance

please include formulas :)

Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $159,390 budgeted expenses include $102,600 in varlable expenses for desks and $20,790 in varlable expenses for chalrs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,900. 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.) Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $159,390 budgeted expenses include $102,600 in varlable expenses for desks and $20,790 in varlable expenses for chalrs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,900. 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.)

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