Success Systems€™ second quarter 2010 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 fixed expenses. The actual expenses include $31,000 fixed expenses. Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expensesseparately.

FIxed Budget Actual Results Varlances Desk sales (In unlts) Chalr sales (In unlts) . Desk sales (In dollars) ...$180,000 Chair sales (In dollars) 36,000 Total expenses.. Income from operatlons 150 80 $186,000 41200 $163,880 S 63.320 144 72 $6.000 F $5,200 F $7,880 U $3,320 F $156.000 60.000