Business Solutions' second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $171,960 budgeted expenses include $120,120 in variable expenses for desks and $19,840 in variable expenses for chairs, as well as $32,000 fixed expenses. The actual expenses include $33,500 fixed expenses.

Fixed budget Actual Results Variance
Desk sales (units) 143 149
Chair sales (units) 64 72
Desk sales (Dollars) $183040 $189230 $6190 F
Chair sales (Dollars) $32640 $37800 $5160 F
Total Expenses $171960 $181440 $9480 U
Income from Operations $43720 $45590 $1870 F

Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "tiny_mce_markerquot; sign in your response.)