Answer:
с. Purchases and Creditors
<u>Multiple choices</u>
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.
 
        
             
        
        
        
:0/0:0 even h i’d s a square tune quar an tine is bad
        
             
        
        
        
You should look for low APR.
Hope this helps
        
             
        
        
        
a. Standard labor-hours is 7920 hours.
b. Standard labor cost allowed is $42,768.
c. The labor spending variance is $1588(U).
d.  The labor rate variance is $1706 and the labor efficiency variance $3294(U).
e.  The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).
<u>Explanation:</u>
a)Standars hours(SH) allowed to make 19800 jogging mates
=SH per unit  19800
 19800
=(24/60)*19800
=7920 hours
24/60 has been taken to convert minutes into hours.  
b)Standard Labor Cost (SC) of 19800 jogging mates

=$42,768
c)Labour Spending Variance

=$1588(U)
d)Labor Rate Variance  

=$1706
Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)


Labor Efficiency Variance

=$3294(U)
e) Variable overhead rate variance = Actual hours worked  (Standard overhead rate - Actual overhead rate)
= 8530  (4.5 - 5.20)
= $5971(U)
Actual overhead rate = $44,356 / 8530 = 5.20
Variable overhead efficiency variance = Standard overhead rate   (Standard hours - Actual hours)
= 4.50  (7290 - 8530)
= $5580(U).
 
        
             
        
        
        
Answer:
b. She should develop herself as the EMV of developing is $1.125 million, which is higher than the EMV of selling.
Explanation:
The probability of discovered oil = 0.25 (25%) 
Selling the exploration right= Selling Price + Probability of discovered oil × Royalty% × Future Profit
= $200,000 + 0.25 × 0.25 × $7,500,000 = $668,750
Developing = Probability of finding the oil × Future Profits - Cost of Well
= 0.25 × $7,500,000 - $750,000 = $1,125,000
= $1.125 million
Therefore the EMV for selling the exploration rights is less than the developing, the landowner will develop the site by his own.