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.

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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