Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $175,070 budgeted expenses include $125,330 in variable expenses for desks and $16,740 in variable expenses for chairs, as well as $33,000 of fixed expenses. Actual fixed expenses total $34,300.

	Fixed Budget	Actual Results	Variances
Desk sales (in units)	151	157
Chair sales (in units)	54	62
Desk sales	$ 200,830	$ 207,240	$ 6,410	F
Chair sales	29,160	34,410	5,250	F
Total expenses	175,070	184,190	9,120	U
Income	$ 54,920	$ 57,460	$ 2,540	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.)