3. Cost accounting information is essential for efficient operations for these organizations Except: a. social welfare agencies b. fine arts groups c. hospitals d. all of the above e none of the above. 4. The manufacturing process: a. requires the conversion of raw materials into finished goods b. provides data on direct labor c. provides data on factory overhead d. generates information for production report e. all of the above. 5. The determination of unit cost of production helps to: a. meet competition b. determine profitability c. provide meaningful amount for bidding in a contract situation d. all of the above e. Only a & babove