Business Solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. The $164,650 budgeted expenses include $118,900 in variable expenses for desks and $14,750 in variable expenses for chairs, as well as $31,000 fixed expenses. The actual expenses include $32,800 fixed expenses. List fixed and variable expenses separately.

	Fixed Budget				Actual Results				Variances
Desk sales (in units)			145				151
Chair sales (in units)			59				67
Desk sales		$	192,850			$	199,320			$	6,470	F
Chair sales			31,860				37,185				5,325	F
Total expenses			164,650				173,660				9,010	U
Income from operations		$	60,060			$	62,845			$	2,785	F

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

Business Solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. The $164,650 budgeted expenses include $118,900 in variable expenses for desks and $14,750 in variable expenses for chairs, as well as $31,000 fixed expenses. The actual expenses include $32,800 fixed expenses. List fixed and variable expenses separately. Fixed Budget Actual Results Variances Desk sales (in units) s (in units) 145 151 $192,850 31,860 164 , 650 Desk ae $199,320 $6,470 F Chair sales 37,185 173,660 5,325 F Total expenses 9,010 U $ 60,060 $2,785 F $62,845 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 Results Fav./Unf. Variance Desk sales Chair sales Variable expenses tion margin Fixed expenses Income from operations