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Beam Draperies makes and sells curtains. Information related to its performance in 2020 is given below: EE (Click the icon to view the data.) Calculate

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Beam Draperies makes and sells curtains. Information related to its performance in 2020 is given below: EE (Click the icon to view the data.) Calculate Beam Draperies' static-budget variance for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. Begin by determining all of the actual amounts, then the static budget amounts, and finally the static-budget variances. Label each variance as favorable (F) or unfavorable (U). Actual Results Units sold Revenues Variable costs Contribution margin Fixed costs Operating income X i Data Table Actual Budgeted 1,500 Units made and sold 1,400 $175 per curtain Selling price Variable costs $ 167,000 $181 per curtain $111 per curtain 78,000 Fixed costs $ 73,000 $ Print Done

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