Benson hats corporation manufactures three different models of hats: vogue, beauty, and glamour. benson expects to incur $420,000 of overhead cost during the next fiscal year. other budget information follows: vogue beauty glamour total direct labor hours 2,400 4,400 7,200 14,000 machine hours 1,400 1,400 2,800 5,600 required use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product.

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified