$4-2$ Cost management systems have three primary purposes. For each of the decisions listed next, indicate the purpose of the CMS being applied$\mathrm{.}4-2$ Cost management systems have three primary

purposes. For each of the decisions listed next,

indicate the purpose of the CMS being applied.

a$.$ A production manager wants to know the cost

of performing a setup for a production run in

order to compare it to a target cost established

as part of a process improvement program.

b$.$ Top management wants to identify the prof$-$

itability of several product lines to establish

the optimum product mix.

c$.$ Financial managers want to know the manu$-$

factured cost of inventory to appear on the

balance sheet of the annual report.

a$.$ A production manager wants to know the cost of performing a setup for a production run in order to compare it to a target cost established as part of a process improvement program.

b$.$ Top management wants to identify the profitability of several product lines to establish the optimum product mix.

c$.$ Financial managers want to know the manufactured cost of inventory to appear on the balance sheet of the annual report.