Serial Problem Business Solutions LO P1 Business Solutions's second quarter 2018 fixed budget performance report for its computer furniture operations follows. The $178,520 budgeted expenses include $116,800 in variable expenses for desks and $22,720 in variable expenses for chairs, as well as $39,000 fixed expenses. The actual expenses include $40,700 fixed expenses. List fixed and variable expenses separately. Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income from operations Fixed Budget Actual Results Variances 146 152 71 79 $195,640 $202,160 $6,5207 36,210 41,475 5,265 F 178,520 188,040 9,520 $53,330 $ 55,595 $2,2657 Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variance Fav./Unt Contribution margin