am 1 Saved Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $165,690 budgeted expenses include $114,760 in variable expenses for desks and $15,930 in variable expenses for chairs, as well as $35,000 of fixed expenses. Actual fixed expenses total $36,600. Fixed Budget Actual Results Variances Desk sales (in units) 151 157 59 67 Chair sales (in units) Desk sales Chair sales Total expenses $ 200,830 30,680 165,690 $ 207,240 35,845 174,370 $ 6,410 F 5,165 F 8,680 U Income $ 65,820 $ 68,715 $ 2,895 F Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) For Quarter Ended June 30 BUSINESS SOLUTIONS Flexible Budget Performance Report Flexible Budget Actual Results Variance Favorable/Unfavorable Desk sales Chair sales Variable expenses Contribution margin Fixed expenses Income