Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $165,510 budgeted expenses include $119,200 in variable expenses for desks and $14,310 in variable expenses for chairs, as well as $32,000 of fixed expenses. Actual fixed expenses total $34,000. Required: Prepare a flexible budget performance report that shows variances between budgeted results and actual results. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)