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Soved Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for

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Soved Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $156,000 budgeted expenses include $108,000 in variable expenses for desks and $18,000 in variable expenses for chairs, as well as $30,000 fixed expenses. The actual expenses include $31,000 fixed expenses. List fixed and variable expenses separately, Fixed Budget Actual Results variances Desk sales in units) 144 150 Chair sales (in units) 72 80 Desk sales $180,000 Chair sales $186,000 $6,000 F 36,000 41,200 Total expenses 5,200 F 156,000 163,880 7,8BOU Income from operations $ 60,000 $ 63,320 $3,320 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/Unr

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