Direct costs plus indirect costs equal total costs. true or false

Availability of reliable data and measures should be considered when choosing a cost-allocation base. True or false

If companies increase market share in a given product line because their reported costs are less than their actual costs, they will become more profitable in the long run. True or False

Companies that undercost products will most likely lose market share. True or False

ABC systems create homogeneous cost pools linked to different activities. True or False