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Question 25 3.75 pts A company paid $200,000 ten years ago for a specialized machine that has no salvage value and is being depreciated at the rate of $10,000 per year. The company is considering using the machine in a new project that will have incremental revenues of $28,000 per year and annual cash expenses of $20,000. In analyzing the new project, the $200,000 original cost of the machine is an example of aln): Variable cost Incremental cost Sunk cost Out of pocket cost Opportunity cost Question 26 3.75 pts B and C Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging, Hassock's standard labor cost is $12 per hour. During August, Hassock produced 10,000 units and used 21,040 hours of direct laborat a total cost of $250,376. What is Hassock's labor rate variance for August? $2,000 favorable $2.104 unfavorable. $4.160 favorable. $2,000 unfavorable $2.104 favorable D Question 27 3.75 pts If a merchandiser's budgeted beginning inventory is $8,300, budgeted ending inventory is $9.400, and the cost of goods sold is expected to be $10,260, then budgeted purchases should be $11,360. True False No answer text provided No answer text provided