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Business Solutions's second-quarter 2018 fxed budget performance report for its computer furniture operations follows, The $167000 budgeted expenses include $110160 in variable expenses for desks

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Business Solutions's second-quarter 2018 fxed budget performance report for its computer furniture operations follows, The $167000 budgeted expenses include $110160 in variable expenses for desks and $19,840 in variable expenses for chairs, as well as $37000 fixed expenses. The actual expenses include $38,500 fixed expenses. List fixed and variable expenses separately ixed Budget Actual Results Variances Desk sales (in units) Chain sales (in units) Desk sales Chair sales Total expenses 136 62 $170,000 35,960 167,880 142 70 $176,080$6,880 F 5,690 F 41,650 176.350935 Income from operations 38,960 41,380$2,420 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 Fav/Unf Flexible Budget Actual Results Variance Contribution margin

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