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Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $174,330 budgeted expenses include $125,330 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 $174,330 budgeted expenses include $125,330 in variable expenses for desks and $15,000 in variable expenses for chairs, as well as $34,000 of fixed expenses. Actual fixed expenses total $35,400. Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of eoch varionce by selecting favorable, unfovorable, or no variance.) Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the ef of each voriance by selecting favorable, unfavorable, or no variance.)

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