Please please answer all. true or false

Select a) if the statement is true and b) the statement is false 1. A constant $3,000 per month charge can be described as a variable cost 2. If costs are not locked in early, cost reductions can be incurred right up to the time when costs are incurred 3. Always assume all variable costs are relevant and all fixed costs are irrelevant 4. Markup is first obtained by estimating the target rate of return on investment (ROI) 5. A dual-rate cost allocation method makes a distinction between period and product costs, partitioning costs in two costs pools 6. Only costs and revenues that are expected to occur in the future and differ among alternative courses of action are relevant 7. When making pricing decisions in competitive markets, organization should use a cost-based approach 8. Cost management is an integral management strategy used to exclusively make decisions in the short- run 9. Incremental revenue is the additional total revenue from an activity 10. Increasing the capacity of a bottleneck resource does not reduce manufacturing lead-time and delays 11. Planning is undertaken prior to action while control is an evaluation of how well plans have been implemented 12. Byproducts have no extra processing costs and have negative sales value 13. When expected future revenues and expected future costs do not differ among alternatives, the costs can be eliminated from analysis 14. Main and joint products have high total sales value at the split-off point 15. Warranty repairs costs are an example of a prevention cost 16. Ikea is a corporation that follows a value leadership pricing strategy 17. The most important issue in estimating a cost function is determining whether a cause-and-effect relationship exists between the level of an activity and the costs related to it 18. By using a market-based pricing strategy, a corporation charges prices based on what it costs to produce, coupled with the ability to recoup costs and still achieve a required rate of return 19. When determining full product cost, the goal of cost allocation is to allocate operating department costs to support departments 20. Joint costs are relevant in the "sell or process further" decision