21) Variable costs are: A) costs that are not worth the effort to trace to a specific cost object. B) costs that remain constant no matter the activity C) costs that change, in tota D) always irrelevant. 21 I, in direct proportion to changes in activity levels. 22) Jillian Inc. produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag requires 1.3 hours of unskilled labor (paid $8 per hour) and 2.2 hours of skilled abor (paid $15 per hour). How much will be paid to skilled labor during the three months July through September? 22) A) $292,500 B) $4,387,500 C) $742,500 D) $643,500 23) Which of the following sequences is correct? 23) A) Inventory budget - production budget - sales budget - selling and administrative B) Budgeted income statement - direct materials budget - production budget-sales C) Cash receipts budget sales budget - production budget - budgeted income D) Sales budget - production budget - direct materials budget - budgeted income budget budget statement statement 24) Which of the following is true about product and period costs? A) Product costs are usually nonmanufacturing costs, and period costs are usually manufacturing costs. nonmanufacturing costs. Both product and period costs are usually nonmanufacturing costs. B) Product costs are usually manufacturing costs, and period costs are usually C) Both product and period costs are usually manufacturing costs. D) 5) Which of the following is not a manufacturing cost? A) Manufacturing overhead cost. C) Raw materials cost. B) Direct labor cost. D) Marketing cost