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. Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income Actual Fixed Budget Results 150 Variances 156 57 65 $ 189,000 30,210 169,380 $49,830 $195,000 $ 6,000 F 35,425 178,820 5,215 F $ 51,605 $1,775 F 9,440 U 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