Bond funds: a) Will lose all value if a single bond defaults b) Are investment bargains because their price is so low c) Are riskier than owning individual corporate bonds d) Spread the risk of individual bonds by collectively owning more and less-risky bonds, with higher and lower rates of return

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

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What is the relationship among market segmentation, target markts, and consumer profiles?