types of cost information need to be reported to support different managerial purposes and decisions. In a paper of 2-3 pages, discuss the following:...

types of cost information need to be reported to support different managerial purposes and decisions. In a paper of 2–3 pages, discuss the following:•What types of cost information are reported to support managerial purposes and decisions?•Describe 2 major categories of purposes that are supported by cost information.•Describe how cost information supports both of these categories.•What is a cost object and how is it used by the management accountant?•Explain how to arrive at the derivation of cost.