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answer 2. 4-17 4-18 2. We Give Gifts Foundation pays Management a fee for managing a portion of its $83 million investment in stocks and
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2. We Give Gifts Foundation pays Management a fee for managing a portion of its $83 million investment in stocks and bonds. The cost of this fee would be included as part of the of its investment management activity. a. direct cost b. indirect cost c. variable cost 4-17. Select the best choice from the following to answer questions 1 and 2. 1. An increase in service volume will have the following effects: a. Increase unit variable cost and decrease unit fixed cost. b. Unit variable cost remains constant and unit fixed cost remains constant. c. Decrease unit variable cost and unit fixed cost remains constant. d. Unit variable cost remains constant and unit fixed costs decrease. 2. Which one of the following is a name for the range of service volume over which an organization expects to operate? a. Mixed range b. Fixed range c. Variable range d. Relevant range 4-18. To break even, an organization's must equal its_L a. total revenues, fixed costs b. total revenues, variable costs c. total revenues, total costs d. total revenues, total support on about branl 2.
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