Business Solutions's second quarter 2020 fixed budget performance report for its computer furniture operations follows. The $167.110 budgeted expenses include $114,750 in variable expenses for desks and $18,360 in variable expenses for chairs, as well as $34.000 fixed expenses. The actual expenses include $35.800 fixed expenses. List fixed and variable expenses separately. Fixed Budget Actual Results Variances Desk sales (in units) 153 159 Chair sales (in units) 54 62 Desk sales $195, 840 $201, 930 56. 0907 Chair sales 30,780 36,270 5,490F Total expenses 167, 110 176,520 9, 4100 Income from operations $ 59,510 $ 61, 680 $2,170 F Prepare a flexible budget performance report that shows any variances between budgeted results and actual results, Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variance Desk sales Chair sales Variable expenses Contribution margin Fixed expenses Income from operations Fav./Unf. Unfavorable Favorable Unfavorable Unfavorable Unfavorable Unfavorable