Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $173.400 budgeted expenses include $118,400 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $37,000 of fixed expenses. Actual fixed expenses total $38,400. Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of each voriance by selecting favorable, unfovorable, or no variance.) \begin{tabular}{lrrr} & & \multicolumn{2}{c}{ Actual } \\ & Fixed Budget & Results & Variances \\ Desk sales (in units) & 148 & 154 \\ Chair sales (in units) & 60 & 68 \\ Desk sales & $195,360 & $201,740 & $6,380F \\ Chair sales & 34,800 & 40,460 & 5,660F \\ Total expenses & 173,400 & 182,450 & 9,650U \\ Income & $56,760 & $59,750 & $2,990F \end{tabular}