Is variance should be clarified as negative or positive here? Can it be written as all positive numbers?

Business Solutions's second-quarter 2022 fixed budget performance eport for its computer furniture operations follows. The $178,470 budgeted expenses include $126,000 in variable expenses for desks and $16,470 in variable expenses for chairs, as well as $36,000 of fixed expenses. Actual fixed expenses total $37,400. Fixed Budget 150 Actual Results 156 Variances 61 69 Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income $ 195,000 35, 380 178, 470 $ 51,910 $ 201, 240 41,055 187,500 $ 54,795 $ 6,240 F 5,675 F 9,030 U $ 2,885 F 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.) BUSINESS SOLUTIONS For Quarter Ended June 30 Desk sales Chair sales Flexible Budget Performance Report Flexible Budget Actual Results Variance Favorable/Unfavorable $ 202,800 $ 201,240 $ (1,560) Unfavorable 40,020 41,055 1,035 Favorable 149,670 150,100 (430) Unfavorable 93,150 92,195 (955) Unfavorable 36,000 37,400 (1,400) Unfavorable $ 57,150 $ 54,795 $ (2,355)| Unfavorable Variable expenses Contribution margin Fixed expenses Income