Question: Answer questions 1 & 2 based on the following scenario. (You should prepare a flexible budget to answer the questions) Door Draperies makes and

Answer questions 1 & 2 based on the following scenario. (You should

Answer questions 1 & 2 based on the following scenario. (You should prepare a flexible budget to answer the questions) Door Draperies makes and sells curtains. Information related to its performance in 2020 is given below: Actual Budgeted Units made and sold 1,480 1,380 Selling price $180 per curtain $186 per curtain Variable costs $ 165,000 $113 per curtain Fixed costs $ 76,000 $ 75,000 1. Calculate Door Draperies' flexible-budget variance for operating income. (Choose the nearest number to your answer) a) 7,800U b) 7,380U c) 7,640U d) 7,250U 2. Calculate Door Draperies' static budget variance for operating income. (Choose the nearest number to your answer) a) 400U b) 340U c) 240U d) 300U

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