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1. What are the quantitative methods of cost function estimation? 1-2 sentence maximum. 2: Why is determining cost behaviors useful to managers in making decisions?

1. What are the quantitative methods of cost function estimation? 1-2 sentence maximum.

2: Why is determining cost behaviors useful to managers in making decisions? 1-2 sentence maximum.

3. Provide the name of a company that would benefit from using joint cost allocation methods and why? (2 sentences maximum.)

4: Are joint costs allocated to by-products? Answer yes or no only.

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