Problem $9-26($Static$)$ Comprehensive Variance Analysis $[$LO$9-4,$ LO$9-5,$ LO$9-6]$

Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below:

$\backslash$table$[[,\backslash$table$[[$Standard$],[$Quantity or$],[$Hours$]],$Standard Price or Rate,$\backslash$table$[[$Standard$],[$Cost$]]],[$Direct materials,?,$$6$ per yard,$$?$