Question 13 2 pts What is the purpose of the Statement of Cost of Goods O to determine the ending materials inventory O to determine the ending work in process O to determine the amounts transferred to finished goods O all of the answers are true D Question 14 2 pts Which of the following is the principle reason for preparing managerial accounting reports? O Usefulness to management O Cost of preparation O Clarity O GAAP DQuestion 15 2 pts Which of the following manufacturing costs is an indirect cost of producing a product? O Oil lubricants used for factory machinery O Commissions for sales personnel O Hourly wages of an assembly worker O Memory chips for a microcomputer