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Please help woth both queations. QUESTION: Halton Cycle sells a variety of bicycles: Mountain, Road, and Leisure bikes. Sales of the Leisure bikes have fallen

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QUESTION: Halton Cycle sells a variety of bicycles: Mountain, Road, and Leisure bikes. Sales of the Leisure bikes have fallen off. The following information is available: Mountain Leisure Road Sales revenue $225,000 $87,500 $975,000 Variable costs $112,500 $75,000 $600,000 Fixed costs $50,000 $14,500 $210,000 Operating income $62,500 -$2,000 $165,000 If the Leisure bike line is dropped, the $14,500 of fixed cost is avoidable. Calculate the impact on operating income if the Leisure bike line is dropped and answer the following questions. If the Leisure bike line is dropped, operating income would Input the word INCR for increase or DECR for decrease. by $ Indicate the dollar amount of the increase or decrease. Question: 110 The following standard costs are for Peggy's Eyes Inc., a company that manufactures sunglasses: Standard Cost per Unit Total Fixed overhead 10 hours @ $11 per hour $ Overhead is applied to products on the basis of standard direct labor hours for actual production The following information is available regarding the company's operations for the period: Actual units produced 12,100 units Total actual direct laborthours 88,000 hours Actual fixed manufacturing overhead incurred $1,090,000 Budgeted fixed manufacturing overhead for the period $1,188,000 Budgeted units for the period 10,800 units Required: Calculate the fixed overhead variances. Use your answer to answer the following questions, NOTE: Please enter all variances as positive numbers. The amount of the fixed overhead spending variance for the period is Indicate if the fixed overhead spending variance is favourable (enter the letter F) or unfavourable (enter the letters UF). The amount of the fixed overhead volume variance for the period is $_ Indicate if the fixed overhead volume variance is favourable (enter the letter F) or unfavourable (enter the letters UF). Dane of 13

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