Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $171,440 budgeted expenses include $119,880 in variable expenses for desks and $14,560 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. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance