Red Draperies makes and sells curtains. Information related to its performance in $2020$ is given below: $($Click the icon to view the data.$)$ Calculate Red 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 eac Data tableJoy Draperies manufactures curtains. To complete a curtain, Jill requires the following

inputs:

Direct materials standard:

$5$ square yards at $$5\mathrm{.}90$ per yard

Direct manufacturing labor standard: $6$ hours at $$11\mathrm{.}80$ per hour

During the second quarter, Joy Draperies made $1,700$ curtains and used $8,000$ square yards of

fabric costing $$45,600.$ Direct manufacturing labor totaled $10,700$ hours for $$124,120.$

a$)$ Compute the direct material price variance for the quarter.

b$)$ Compute the direct material efficiency variance for the quarter.

c$)$ Compute the flexible$-$budget variance for direct material for the quarter