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Bob's Tire produces only two products: tire for passenger cars and tires for trucks. Historically they have used a traditional costing system but are currently

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Bob's Tire produces only two products: tire for passenger cars and tires for trucks. Historically they have used a traditional costing system but are currently considering moving to an ABC costing system. This change is only for internal reporting purposes and will have no impact on the external funancial reports. Select none to all of the options below that are affected by moving from a traditional costing system to an ABC costing system. Overhead allocation Net Income on the external Financial Statements for Investors Current Ratio on the financial statements Free Cash Flow Internal profitability reports for the passtinger and truck tire product lines Fixed Expenses

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