Compared with diversification based on intangible resources, diversification based on financial resources is:

a. less imitable and more likely to create value on a long-term basis.
b. more imitable and more likely to create value on a long-term basis.
c. less imitable and less likely to create value on a long-term basis.
d. more imitable and less likely to create value on a long-term basis.

Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400