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Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $159.050 budgeted expenses include $107.800 in variable expenses for desks

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Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $159.050 budgeted expenses include $107.800 in variable expenses for desks and $14,250 in variable expenses for chairs, as well as $37,000 of fixed expenses. Actual fixed expenses total $38,300 Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of eoch varionce by selecting favorable, unfovorable, or no vorionce.) Business Solutions's second-quarter 2022 fixed budget performance report for its computer furn iture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 of fixed expenses. Actual fixed expenses total $31,000 Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of each variance by selecting fovorable, unfavorable, or no varience.)

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