With reference to #49, the Rule Against Perpetuities does not apply to the son's interest

The following information pertains to William Company: Standard materials allowed $25,00 . Unfavorable materials price variance 3,000 Favorable materials usage variance 2,000 Actual payroll $30,000 Unfavorable labor rate variance 500 Unfavorable labor efficiency variance 2,500 What is the entry to record the direct labor cost and variances?

a. Payroll 30,000 Labor rate variance 500 Labor efficiency variance 2,500 Accrued payroll 33,000 b. Work in process 27,000 Labor rate variance 500 Labor efficiency variance 2,500 Payroll 30,000 c. Work in process 30,000 Payroll 30,000 d. Work in process 27,000 Labor variances 3,000 Payroll 30,000

BB, Inc fires an employee and then, when asked for a reference on him, negligently makes some untrue statements, which prevent him from finding a job. BB is liable for defamation

a. True b. False Indicate whether the statement is true or false