Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $159,370 budgeted expenses include $113,250 in variable expenses for desks and $15,120 in variable expenses for chairs, as well as $31,000 fixed expenses. The actual expenses include $32,400 fixed expenses. List fixed and variable expenses separately. Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income from operations Fixed Budget Actual Results Variances 151 157 54 62 $194,790 $200,960 $6,170 F 32,400 38,130 5,730 F 159,370 167,870 8,500U $ 67,820 $ 71,220 $3,400 F 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./Unf. Desk sales Chair sales Variable expenses Contribution margin Fixed expenses Income from operations