Why is it important to break down mixed costs into their fixed portion and their variable portion?

Group of answer choices

Breakeven analysis is used to break down mixed costs into their variable and fixed components.

Most fixed costs are controllable and most variable costs are not.

It is not important to break down mixed costs because they become separated into variable and fixed costs automatically over time.

To determine which costs are controllable and which ones are uncontrollable for decision making purposes.

The three major parts of a production cost report include:

Group of answer choices

Cost Reconciliation

All of the above

Costs

Quantities