Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $174,390 budgeted expenses include $114,540 in variable expenses for desks and $24,850 in variable expenses for chairs, as well as $35,000 of fixed expenses. Actual fixed expenses total $36,000.

	Fixed Budget	Actual Results	Variances
Desk sales (in units)	138	144
Chair sales (in units)	71	79
Desk sales	$ 176,640	$ 182,880	$ 6,240	F
Chair sales	41,180	47,005	5,825	F
Total expenses	174,390	183,540	9,150	U
Income	$ 43,430	$ 46,345	$ 2,915	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.)