Business Solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. The $157,770 budgeted expenses include $109,810 in variable expenses for desks and $15,960 in variable expenses for chairs, as well as $32,000 fixed expenses. The actual expenses include $33,100 fixed expenses. List fixed and variable expenses separately Fixed Budget Actual Results Variances Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses 139 57 $187,650 31,350 157,770 $ 61,230 145 65 $194,300 36,725 166,260 $ 64,765 $6,650 F 5,375 F 8,490 U $3,535 F Income from operations 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 ResultsVariance Fav./Unf. Desk sales 195,750 $ 194,300 (1,450)Unfavorable 35,750 132,750 Chair sales 975 Favorable 36,725 134,260 ariable expenses Contribution margin Fixed expenses ncome from operations 1,510Unfavorable Unfavorable Unfavorable Unfavorable 32,000 33,100