Faros hats, inc. has two product lines-batting helmets and football helmets. the income statement data for the most recent year is as follows: what is the effect of dropping football helmets line on the operating income of the company? (assume that fixed costs remain unchanged and that there would be no adverse effect on other sales.) operating income will increase by $40,000. operating income will increase by $90,000. operating income will decrease by $70,000. operating income will decrease by $350,000.

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?