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Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $162,770 budgeted expenses include $111,650 in variable expenses for desks

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Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $162,770 budgeted expenses include $111,650 in variable expenses for desks and $15,120 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,800. Required: Prepare a fexible budget performance report that shows variances between budgeted results and actual results. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance

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