Serial Problem Business Solutions L.O. P1 Business Solutions' second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $173,500 budgeted expenses include $115,600 in variable expenses for desks and $18,900 in variable expenses for chairs, as well as $39,000 fixed expenses. The actual expenses include $40,200 fixed expenses. Actual Variances Fixed Budget Results 142 78 136 70 179,520 60206,500 F Desk sales (in units) Chair sales (in units) Desk sales (in dollars) Chair sales (in dollars) Total expenses ncome from operations $ 36,400 $41,730 $ 5.330 F 173,500 s 182.370 $ 8,870 U $ 42,420 45,380 $ 2.960 F