Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $172,090 budgeted expenses include $121,800 in variable expenses for desks and $18,290 in variable expenses for chairs, as well as $32,000 of fixed expenses. Actual fixed expenses total $33,800. Fixed Budget Actual Results Variances Deak sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses $188,500 $194,790 145 151 59 67 $6,290 F 33,630 172,090 39,195 5,565 F 181,850 9,760 U Income $ 50,040 $ 52,135 $ 2,095 P 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.) BUSINESS SOLUTIONS Flexible Budget Performance Report Flexible Budget Actual Results Variance Favorable/Unfavorable For Quarter Ended June 30 Desk sales Chair sales Variable expenses Contribution margin Fixed expenses Income