Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $176,590 budgeted expenses include $120,870 in variable expenses for desks and $19,720 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,400. Fixed Budget Actual Results Variances Desk sales (in units) 153 159 68 76 Chair sales (in units) Desk sales Chair sales Total expenses Income $194,310 35,360 176,590 $ 200,340 40,660 185,520 $ 6,030 F 5,300 F 8,930 U $ 53,080 $ 55,480 $ 2,400 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 Desk sales Chair sales Variable expenses Contribution margin Fixed expenses Income BUSINESS SOLUTIONS Flexible Budget Performance Report Flexible Budget Actual Results Variance Favorable/Unfavorable