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Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The...

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Accounting

Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The
$165,280 budgeted expenses include $110,880 in variable expenses for desks and $22,400 in variable expenses for chairs, as well as
$32,000 of fixed expenses. Actual fixed expenses total $33,700.
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.)
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