Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $166,050 budgeted expenses include $116,800 in variable expenses for desks and $13,250 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,700. Chair sales (in units) Fixed Budget Actual Results: Variances Desk sales (in units) 146 152 53 61 $ 6,040 F 28,090 166,050 33,245 174,950 5,155 F 8,900 U $ 46,000 $ 48,295 $ 2,295 F Desk sales Chair sales Total expenses Income Required: $ 183,960 $ 190,000 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 For Quarter Ended June 30 Flexible Budget Actual Results Variance Favorable/Unfavorable Desk sales Chair sales Variable expenses Contribution margin Fixed expenses Income