Serial Problem Success Systems

Success Systems' second quarter 2014 fixed budget performance report for its computer furniture operations follows. The $165,710 budgeted expenses include $116,440 in variable expenses for desks and $18,270 in variable expenses for chairs, as well as $31,000 fixed expenses. The actual expenses include $32,400 fixed expenses. List fixed and variable expenses separately. Prepare a flexible budget performance report that shows any variances between budgeted results and actual results