Business Solutions’s second-quarter 2022 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 of fixed expenses. Actual fixed expenses total $31,000. Prepare a flexible budget performance report that shows variances between budgeted results and actual results. List fixed and variable expenses separately.

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Fixed Budget Actual Results Variances Desk sales (in units) .. Chair sales (in units).. 144 150 72 80 Desk sales... Chair sales. .. $180,000 $186,000 $6,000 F 36,000 41,200 5,200 F Total expenses . 156,000 163,880 7,880 U Income.. $ 60,000 $ 63,320 $3,320 F