Most of the financial information about an organization is based on information generated from accounting records. the reports and financial statements prepared by accountants

a. can be for the managers of publicly-held companies but are less for small businesses and not-for-profit organizations.

b. seldom depict the accurate situation of the organization and therefore, should be viewed with skepticism.

c. are useful for employees and managers of the company but not for those outside of the organization.

d. provide information that can be used by decision-makers both inside and outside the organization.

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.