Business Solutions's second$-$quarter $2022$ fixed budget performance report for its computer furniture operations follows. The $$159,660$

budgeted expenses include $$109,600$ in variable expenses for desks and $$20,060$ in variable expenses for chairs, as well as $$30,000$

of fixed expenses. Actual fixed expenses total $$31,600.$

Required:

Prepare a flexible budget performance report that shows variances between budgeted results and actual results.

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.