1) Obtaining feedback is generally identified most directly with which of these functions of management? A) Decision making B) Controlling C) Planning. D) Directing and motivating. 2) Which of the following statements about contribution format income statement is incorrect? A) It facilitates cost volume profit analysis B) It is used as an internal planning and decision making tool C) It separates costs into fixed and variable first deducting variable expenses from sale to obtain contribution margin D) It emphasizes the function of production, administration and sales with no distinguish between fixed and variable costs 3) Which costs will change with a decrease in activity within the relevant range? A) Unit fixed cost and total fixed costs. B) Unit variable cost and unit fixed cost. C) Unit fixed cost and total variable costs. D) Total fixed costs and total variable costs. 4) At an activity level of 10,000 units, total variable costs were $35,000 while total fixed costs were $20,800. If 16,000 units are produced and this activity is within the relevant range, which of the following statements is correct? A) Total unit cost would equal $4.80. B) Total costs would equal $89,280. C) Total costs would equal $55,800. D) Fixed cost per unit would equal $5.58. 5) How should the cost of the fire insurance for a manufacturing plant be classified? A) Prime cost. B) Period cost. C) Variable cost. D) Product cost