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Alya Company manufactures curtains. To complete a curtain, Alya requires the following input: Direct material standard 3.5 square yards at $ Direct labor standard 0.5

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Alya Company manufactures curtains. To complete a curtain, Alya requires the following input: Direct material standard 3.5 square yards at $ Direct labor standard 0.5 hours at $ Budgeted fixed cost per quarter is $ 6,000.00 Budgeted selling price $ During the second quarter the company budgeted to produce and sell 0.50 per yard 4.00 per hour 11.25 400 curtains. Actual information for the second quarter is provided below: $ Number of curtains made and sold Selling price Fabric used in production Direct Labor used in production Total cost of fabric used Total cost of direct labor Fixed cost incurred 380 11.81 1,277 square yards 181 hours 798.00 912.00 5,700.00 $ S $ Requirements Assuming that direct labor and direct materials are the only variable costs in the company: Prepare static budget variance analysis: compute static budget, sales volume and flexible budget variances. Indicate favorable or unfavorable

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