Business Solutions's second$-$quarter $2022$ fixed budget performance report for its computer furniture operations follows. The $$157,720$ budgeted expenses include $$110,970$ in variable expenses for desks and $$15,750$ in variable expenses for chairs, as well as $$31,000$ of fixed expenses. Actual fixed expenses total $$32,500.$

Fixed Budget Actual Results Variances

Desk sales $($in units$)137143$

Chair sales $($in units$)6371$

Desk sales $ $183,580$ $ $190,190$ $ $6,610$ F

Chair sales $37,17042,9555,785$ F

Total expenses $157,720166,5008,780$ U

Income $ $63,030$ $ $66,645$ $ $3,615$ 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.$)$