A(n) ________ capital market is one where all investors do not have access to all the financial securities in the various markets

Shane Industries prepared a fixed budget of 60,000 direct labor hours, with estimated overhead costs of $300,000 for variable overhead and $90,000 for fixed overhead. Shane then prepared a flexible budget at 57,000 labor hours. How much is total overhead costs at this level of activity?

a) $285,000 b) $370,500 c) $375,000 d) $390,000

________ are long-term partnerships between two or more companies to jointly develop, produce, or sell products

A) Strategic alliances B) Global franchises C) Joint ventures D) Strategic mergers E) Incorporated partnerships