A tree in a forest is an example of a(n)

Ted Inc. traditionally provides subcontracting services to construction firms. There are many firms like Ted Inc. in the marketplace, but it does about 85 percent of the work for Will's Construction Corp. Will typically negotiates quite heavily, reducing Ted's profits. This situation is indicative of the high bargaining power of

A. customers. B. suppliers. C. substitute companies. D. competitors. E. complementary firms.

Summit Financial Advisors provides accounting and finance assistance to customers in the retail business

Summit has four professionals on staff and an office with six clerical staff. Total compensation, including benefits, for the professional staff run about $731,000 per year, and it normally has about 8,500 billable hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $561,000. Summit allocates office and administrative costs to clients monthly, using a predetermined overhead allocation rate based on billable hours. During July, Summit's professionals spent 41 hours on their client. What is the total amount of cost that Summit will record for the client for the month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $3,526 B) $2,706 C) $1,292,000 D) $6,232