Managerial accounting is focused on which of the following objectives? Providing information that managers need to make operational decisions O Providing historical data to investors and creditors O Providing summarized results of operations Providing information to comply with laws and regulations of government bodies The following information pertains to Bright Toy Company's operating activities for 2012. The company sells light box toys and sold 10,000 units in 2012. Purchases $126,000 Selling and Administrative Expenses 90,000 Merchandise inventory, 11/2012 14.000 Merchandive inventory, 12/31/2012 10,000 Sales Revenue 230,000 What is the gross profit for 2012? $120.000 $130,000 $140,000 $136.000 Which of the following describes the term cost object? An object which costs money to purchase Any type of cost which is incurred to produce a finished product Anything which requires a detailed record of its component costs to be kept O Any cost which is treated as a period expense The following information pertains to Bright Toy Company's operating activities for 2012. The company sells light box toys and sold 10,000 units in 2012. Purchases $126,000 Selling and Administrative Expenses 90,000 Merchandise inventory, 1/1/2012 14,000 Merchandise inventory, 1231 2012 10,000 Sales Revenue 250.000 What is the profit margin percentage? 12% 56% 100%