$190. Question 8 What are committed fixed costs? They have a long-term planning horizon, generally encompassing several years. They vary directly and proportionately with the level of activity. They are made up of plant, equipment, and basic organizational costs. They can be reduce in the short run with minimal damage to the long-run organizational objectives Question 9 An income statement for Crandall's Bookstore for the first quarter of the current year is presented below: 0/1 point 1 / 1 point

$190 Question 8 0/1 point What are committed fixed costs? They have a long-term planning horizon, generally encompassing several years. They vary directly and proportionately with the level of activity. They are made up of plant, equipment, and basic organizational costs. They can be reduce in the short run with minimal damage to the long-run organizational objectives Question 9 1/1 point An income statement for Crabdalfi Bookstore for the fint quanter of the curreat yos is preseated below