1- The management concept of customer orientation encourages a company to set up its production system to produce large quantities of the same product for all customers. True False 2- Service firms cannot use job order costing for determining a selling price for their services. True False 3- Equivalent units of production is the number of units that could have been started and completed given the costs incurred during the period. True False 4- Cost-volume-profit analysis can be used to compute expected income from predicted sales and cost levels. True False 5- A scatter diagram is useful for identifying extreme data points or outliers, True False 6- Employees who will have performance evaluated according to the budget standards should not be involved in preparing the budget. True False 7- A budget can be an effective means of communicating management's plans to employees. T True False 8- Dividing a mixed cost into its separate fixed and variable cost components cannot be done in cost-volume-profit analysis. True False