Ivanhoe Company is considering two alternatives. Alternative A wilt have sales of $157,400 and costs of $104,700. Alternative B will have sales of $181.900 and costs of $138,600. Compare aiternative A with alternative B showing incremental revenues, costs, and net. income. (II an omount reduces the net income then enter with o negative sign preceding the number, e.g. 15,000 or porenthesis, e.g. (15,000). Identify each statement as true or false. 1. The first step in management's decision-making process is to determine and evaluate possible courses of action. 2. The final step in management's decision-making process is to actually make the decision. 3. Accounting's contribution to management's decision-making process occurs primarily in evaluating possible courses of action and in reviewing the results. 4. In making business decisions, managernent ordinarily considers only financial information because it is objectively determined. 5. Decisions involve a choice among alternative courses of action. 6. The process used to identify the financial data that change under alternative courses of action is called incremental analysis. 7. Costs that are the same under all alternative courses of action somet imes affect the decision. 8. When using incremental analysh, some costs will alwass change under alternative courses of action, but revenues will not 9. Variable costs will change under aiternative courses of action but fixed costs will not