1. The manager of Good Times Restaurant wants to determine the price to charge for various lunch plates on the menu.
2. By evaluating the cost of leftover materials, the plant supervisor of a precision tool factory wants to determine how effectively the plant is being run.
3. The division controller of East Coast Supplies needs to determine the cost of products left in inventory.
4. The manager of the Service and Maintenance Department of a small manufacturing company wants to plan next year's anticipated expenditures.
5. The owner of a local sandwich restaurant wants to estimate the impact of no longer being able to serve customers sitting down inside of the restaurant and only having a take-out sandwich business for the next year due to the COVID pandemic.

For each situation, discuss how and what type(s) of managerial accounting information could be generated and used to help make decisions.