Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $173,020 budgeted expenses include $119,340 in variable expenses for desks and $15,680 in variable expenses for chairs, as well as $38,000 fixed expenses. The actual expenses include $40,000 fixed expenses. List fixed and variable expenses separately.

Serial Problem Business Solutions LO P1 Business Solutions's second quarter 2020 fixed budget performance report for its computer furniture operations follows. The $173,020 budgeted expenses include $119,340 in variable expenses for desks and $15,680 in variable expenses for chairs, as well as $38,000 fixed expenses. The actual expenses include $40,000 fixed expenses. List fixed and variable expenses separately Fixed Budget Actual Results Variances Desk sales (in units) 153 159 Chair sales (in unita) 56 64 Desk sales $201.960 $208,290 36,330 Chair sales 29,680 34,880 5,200 7 Total expenses 173,020 182,330 9,3100 Income from operations $ 58,620 $ 60,040 $2,220 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 Fav/Unt. Desk sales Chair sales Variable expenses Contribution margin Foxed expenses Income from operations Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operatic budgeted expenses include $119,340 in variable expenses for desks and $15,680 in variable expenses for cha fixed expenses. The actual expenses include $40,000 fixed expenses. List fixed and variable expenses separ Fixed Budget Actual Results Variances Desk sales (in units) 153 Chair sales (in units) Desk sales $ 201,960 $208,290 $6,330 F 29,680 34,880 5,200 F Total expenses 173,020 182,330 9,310 U Income from operations $ 58,620 $ 60,840 $2,2207 159 64 56 Chair sales Prepare a flexible budget performance report that shows any variances between budgeted results and actua BUSINESS SOLUTIONS Flexible Budget Performance Report an