Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $169.380 budgeted expenses include $120,000 in variable expenses for desks and $19,380 in variable expenses for chairs, as well as $30,000 of fixed expenses. Actual fixed expenses total $31,500. Actual Fixed Budget Results Variances Desk sales (in units) 156 65 Chair sales (in units) Desk sales: Chair sales Total expenses 150 57 $ 189,000 30,210 169,380 $195,000 35,425 178,828 $ 6,000 F 5,215 F 9,440 U Income $ 49,838 $ 51,605 $1,775 F 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.) For Quarter Ended June 30 BUSINESS SOLUTIONS Flexible Budget Performance Report Flexible Budget Actual Results- Variance Favorable/Unfavorable Desk sales Chair sales Variable expenses Contribution margin Fixed expenses income