Benchmarking Multiple Choice is inherently unethical if it involves companies that are direct competitors because it involves gathering competitively sensitive information about the operations and costs of rivals. is not a valid tool for measuring the cost-effectiveness of an activity unless it is restricted to companies in the same industry. entails comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs of these activities. loses much of its managerial usefulness if it is done with the aid of third-party organizations. entails calculating the costs of performing each of the primary and related support activities in a company's value chain.

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk