Business Solutions's second$-$quarter $2022$ fixed budget performance report for its computer furniture operations follows. The $$177,300$

budgeted expenses include $$119,880$ in variable expenses for desks and $$21,420$ in variable expenses for chairs, as well as $$36,000$

of fixed expenses. Actual fixed expenses total $$37,200.$

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.$)$