Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $171,050 budgeted expenses include $112,970 in variable expenses for desks and $22,080 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,900. Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)