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 fored expenses. Actual fixed expenses total $38,400. Required: Prepare a flexible budget performance report that showi vatiances between budgeted results and actuat results. (Indicote the effect of each variance by selecting favorable, unfovorable, or no variance.) Required: Prepare a flexible budget performance report that shows variances between budgeted results and of each variance by selecting favorable, unfavorable, or no variance.)