1 Business Solutions's second quarter 2020 fixed budget performance report for its computer furniture operations follows. The $170,040 budgeted expenses include $113.240 in variable expenses for desks and $23,800 in variable expenses for chairs, as well as $33,000 fixed expenses. The actual expenses include $34.800 fixed expenses. List fixed and variable expenses separately. Fixed Budget Actual Resulte Variances Desk sales (in unita) 149 155 Chair sales in unita) 70 78 Desk sales $193,700 $199.950 $6,250 F Chair sales 37.100 42,510 5,4107 Total expenses 170,040 179,430 2.390 U Income from operations $ 60.760 $ 63,030 $2,270 eBook Print Prepare a fiexible budget performance report that shows any variances between budgeted results and actual results. BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Pelbis Budget Actual Results Variance $ 199,950 42510 Desk sales Chal sabes Variable expenses Contribution margin Fixed expenses Income from operations Fav. Unt Unfavorable Favorable Unfavorable Unfavorable Unfavorable Unfavorable $ 63.030 Me Gran Prey 1 of 5 PI! Next >