Fill in blanks: 1. remain constant in total over a wide range of volume. 2. and increase in total as volume increases. 3. and increase on a per unit basis as volume decreases. 4. uses only two historical data points to determine the cost line and cost equation. 5. remain constant on a per unit basis. 6. the should not be used to predict total costs at various volumes unless it is strictly a/an. 7. are the result of previous management decisions and are not usually controllable in the short run.

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005