Select the appropriate items under the following categories to form an operational model that illustrates the cost accounting information system- with the preceding Rems used as examples for each component of the model. Inputs: Processes: Output: Cost assignment. Direct materials ( Direct materials Product cost report duct cost report Direct labor cost-ssignment: Direct labor Cost assignment: Overhead Make-or-buy decision 3. Based on your operational model, identify which product cost definition is being used: value-chain, operating, or product (manufacturing). Select the appropriate items under the following categories to form an operational model that illustrates the cost accounting information system- with the preceding Rems used as examples for each component of the model. Inputs: Processes: Output: Cost assignment. Direct materials ( Direct materials Product cost report duct cost report Direct labor cost-ssignment: Direct labor Cost assignment: Overhead Make-or-buy decision 3. Based on your operational model, identify which product cost definition is being used: value-chain, operating, or product (manufacturing)