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Question 10 (2 points) Parksville, Inc., reports the following information for September: Sales $15,000 Variable costs 3,000 Fixed costs 4,000 Operating income $8,000 Required: If
Question 10 (2 points) Parksville, Inc., reports the following information for September: Sales $15,000 Variable costs 3,000 Fixed costs 4,000 Operating income $8,000 Required: If sales decrease by half in October, what is the projected operating income? $500 $1000 $2500 $2000 Question 11 (10 points) Glenn's Draperies manufactures curtains. A certain window requires the following Direct materials standard is 10 square metres at $5 per metre Direct manufacturing labour standard is 5 hours at $10 During the second quarter the company made 1.500 curtains and used 14,000 s Question 15 (2 points) A law office employs full-time attorneys and five paraprofessionals. For the current year indirect costs were budgeted at $225,000, but actually amounted to $350,000 Direct and indirect costs are applied on a professional labour-hour basis which includes both attorney and paraprofessional hours. Total budgeted labour-hours were 25,000; however, actual labour-hours were 30,000 What is the overhead applied to jobs if the law office uses normal costing
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