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.

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

Because the demand for wheat tends to be inelastic. true or false

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.