38 4.26 points Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $164,240 budgeted expenses include $110,400 in variable expenses for desks and $14,840 in variable expenses for chairs, as well as $39,000 fixed expenses. The actual expenses include $40,600 fixed expenses. List fixed and variable expenses separately. Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses 00:55:01 Income from operations Fixed Budget Actual Results Variances 138 53 $178,020 144 61 $184,320 $6,300 F 34,465 173,200 5,315 F 8,960 U $ 42,930 $ 45,585 $2,655 F 29,150 164,240 Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. Desk sales Chair sales Variable expenses Contribution margin Fixed expenses BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variance Fav./Unf. $ 184,320 34,465