Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $171,090 budgeted expenses include $118,080 in variable expenses for desks and $17,010 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,100 Desk sales (in units) Fixed Budget 144 Actual Results Variances 150 Chair sales (in units) 63 71 Desk sales Chair sales Total expenses $ 192,960 34,650 171,090 $ 199,500 40,115 179,660 $ 6,540 F 5,465 F 8,570 U Income $ 56,520 $ 59,955 $ 3,435 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