Question 1 Managerial accounting information is "mainly used by management to improve financial statements. to make informed business decisions. to make decisions on how to lower taxes. to set the selling price of merchandise. Next Question 3 2.5 pts The job cost system would most likely be used for large cost items, such as contracted naval ships. homogeneous goods, such as canned goods. mass produced items, such as tools. small cost items, such as bread or milk Question 2 Which product would most likely be produced using process costing? Shampoo Car O House O Computer An example of the use of information provided by managerial accounting for decision making O is in determining the building layout for offices. O is in determining raises for upper management. O is in determining the selling price of merchandise. would be the selection of an appropriate depreciation method