can you answer both :)

Which of the following are characteristics of managerial accounting reports? (Select all that apply.) Reports are for those external to the company. Reports are historical, current, and future oriented. Reports include job costing information. Reports are highly summarized and report on the company as a whole. Which of the following statements is true? Direct costs are allocated to cost objects using a predetermined overhead rate. Indirect costs are traced to costs objects based on the cost object identified on the purchase and requisition orders. Period costs are allocated to inventory in order to determine the amount to be reported on the balance sheet. Indirect costs are allocated to cost objects using a predetermined overhead rate