Describe accounting for production activity and preparation of a process cost summary average. What is the purpose of a process cost summary report? Select all answers that apply. More than one may be selected. Assist department managers to control and monitor their departments. Assist factory managers to evaluate the performance of the department manager. Provide cost information for financial statements. Help managers decide which products to discontinue and which to continue. Help managers decide which production processes to discontinue and which to continue. Provide cost information to customers