1- Full cost information

A) requires the allocation of indirect cost

B)treats all cost as fixed costs

C)is required by the gaap for internal reporting purposes

D) provides managers with cost information on uncontrollable costs

2- Step costs

A) per unit are the same for each range of volume

B) change in total at every level of activity

C) are classified as step variable or step fixed depending on the range of activity for which the cost remains fixed

D) are considered to be step fixed costs within a relatively small range

3- When the level of activity decreases, total variable costs

A)decrease, but at a slower rate than the level of activity

B)decrease in direct proportion to the decrease in activity

C)increase

D)remain the ame