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Answer the following question for extra credit. 1.1 Explain step- and mixed-cost behavior. 1.2 Describe the importance of activity analysis for measuring cost functions. 1.3

Answer the following question for extra credit.

1.1 Explain step- and mixed-cost behavior.

1.2 Describe the importance of activity analysis for measuring cost functions.

1.3 Explain the relationship between management decision-making and cost behavior

1.4 Explain management influences on cost behavior.

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