Complete Solution Manual for Management Accounting for Decision Makers, 11th Edition by Peter Atrill and Eddie McLaney - All Chapters 1-12

Solution Manual for Management
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Accounting for Decision Makers:
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11th Edition By Peter Atrill, Eddie McLan
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ey All Chapters 1 - 12
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,TABLE OF CONTENTS j j




1. Introduction to management accounting j j j




2. Relevant costs and benefits for decision making
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3. Cost–volume–profit analysis j




4. Full costing
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5. Costing and cost management in a competitive environment
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6. Budgeting

7. Accounting for control j j




8. Making capital investment decisions
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9. Managing risk j




10.Strategic management accounting: performance evaluation and pricin
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g in a competitive environment
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11.Measuring divisional performance j j




12.Managing working capital j j

, SECTIONj A


Authors’ note to tutors
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Using the book
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Thejbookjisjdesignedjtojprovidejreadersjwithjajsoundjintroductionjtojmanagementjaccounting.jItjassume
sjnojpreviousjknowledgejofjthejsubjectjandjrecognisesjthatjstudentsjusingjitjmayjcomejfromjajwidejvariet
yjofjbackgrounds.jThejbook,jtherefore,jtriesjtojavoidjtechnicaljjargonjandjdoesjnotjassumejajhighjleveljofj
numericaljabilityjfromjstudents.jItjhasjbeenjclassjtestedjbyjstudentsjonjvariousjcoursesjandjwejhavejmodi
fiedjandjrefinedjthejmaterialjtojtakejaccountjofjtheirjcomments.jWejhavejalsojtakenjaccountjofjthejcomm
entsjmadejbyjlecturersjwhojusedjthejfirstjninejeditionsjofjthejbookjandjofjspeciallyjcommissionedjreview
s.

Thejbookjaimsjtojencouragejanjactivejapproachjtojlearningjbyjprovidingjactivitiesjandjself-
assessmentjquestionsjatjappropriatejpoints.jThisjapproachjisjdesignedjtojstimulatejthoughtjconcerningjpa
rticularjissuesjandjtojgivejthejreadersjthejopportunityjtojtestjtheirjunderstandingjofjthejprinciplesjcovered.

Thejbookjisjsupplementedjbyjajpassword-
controlledjlecturers’jwebsitejandjajstudentjwebsitejavailablejtojalljreaders.

Thejstructurejofjthejbookjallowsjthejtutorjtojdeliverjthejsubjectjinjajnumberjofjways.jItjcanjbejusedjasjreco
mmendedjreadingjforjajtraditionaljcoursejbasedjonjlecturesjandjtutorials.jTherejarejcriticaljreviewjquesti
onsjandjexercisesjatjthejendjofjeachjchapterjthatjcanjbejusedjasjthejbasisjforjtutorials.j Itjcouldjalsojprovid
ejthejbasisjforjajdistancejlearningjapproachjforjpart-timejorjoff-
campusjstudents.jForjthesejstudents,jthejinteractivejnaturejofjthejbookjmayjbejextremelyjusefuljwherejac
cessjtojajtutorjisjrestricted.jThejbookjcanjalsojbejusedjasjthejbasisjforjanjopenjlearningjapproachjforjfull-
timejcampus-
basedjstudents.jWejhavejsuccessfullyjusedjitjinjthisjwayjatjthejUniversityjofjPlymouthjBusinessjSchool.j
Accountingj‘surgeries’jhavejalsojbeenjprovidedjtojgivejstudentsjthejopportunityjforjone-to-
onejhelpjwithjanyjproblemsjtheyjface.

Thejbookjisjappropriatejforjmodulesjthatjarejdesignedjtojbejcoveredjinj100jtoj150jhoursjofjstudy.jForjfull-
timejstudents,jthisjwilljoftenjbejcoveredjinjonejacademicjyear.

PowerPoint slides j




Thejdiagramsjinjthejbook,jalongjwithjotherjdiagramsjandjmaterials,jarejavailablejasjPowerPointjslidesjtoj
helpjinjdeliveringjlecturesjandjtutorialsjandjthesejcanjbejdownloadedjfromjthejlecturers’jwebsite.

Practice/assessment material j




Thejactivities,jwhosejsolutionsjimmediatelyjfollowjthem,jandjself-
assessmentjquestions,jwhosejsolutionsjarej atj thej endj ofjthej book,j formjanj integralj partj ofj it.j Inj addition
,j therej arej variousj other

, practice/assessmentjmaterials.jAtjthejendjofjeachjchapterjtherejarejfourjcriticaljreviewjquestions.jThes
ejarejshort,jnarrativejquestionsjinvolvingjrecall,jexplanationjandjbriefjdiscussion.jThejsolutionsjtojthesej
arejgivenjatjthejendjofjthejbook.jAtjthejendjofjalljchapters,jexceptjChapterj1j(wherejtherejarejtwo),jtherejar
ejeightjexercises.jThesejarejquestions,jmanyjinvolvingjcalculations,jwhichjarejsimilarjinjnaturejtojexami
nation-
stylejquestions.jThejsolutionsjtojfivejofjthesejarejgivenjatjthejendj ofjthejbookjandjare,jtherefore,jaccessibl
ejtojstudents.jSolutionsjtojthejotherjthreejarejinjthej followingjpagesjofjthisjmanualjandjarejnotjaccessiblejt
ojstudents.

Onjthejlecturers’jwebsite,jinjadditionjtojthisjInstructor’sjManualjwithjsolutionsjtojselectedjend-of-
jchapterjexercisesjtherejare:




 Twojprogressjtestsjwithjsolutions.jThesejtestsjcomprisejmultiple-choicejquestions,jmissing-
jwordjquestionsjandjquestionsjthatjarejsimilarjtojthejend-of-

chapterjexercises.jOnejtestjcorrespondsjtojChaptersj1jtoj5,jandjthejotherjtojChaptersj6jtoj12.

 Supplementaryjquestionsj(10jofjthem)jwithjsolutions.

 Tutorial/seminarjquestionsjwithjsolutions.

Nonejofjthisjmaterial,jexceptjthejcasejstudyjcomments,jisjaccessiblejtojstudents.jOnjth

ejstudentjwebsite,jtherejarejfivejtypesjofjmaterial:

 Revisionjexercises,jsimilarjinjstylejtojthejend-of-chapterjexercises,jwithjsolutions.

 Multiple-
choicejquestions,jtypicallyj10jforjeachjchapter.jThesejarejintendedjtojbejtackledjonline,jwherejtheyj
willjbejautomaticallyjgraded.

 Missing-
wordjquestions,jtypicallyj10jforjeachjchapter.jThesejtoojcanjbejattemptedjandjgradedjonline.

Thejmultiple-choicejquestionsjandjmissing-
wordjquestionsjarejintendedjtojprovidejstudentsjwithjajquickjassessmentjofjtheirjmasteryjofjthejmaterialj
ofjeachjchapter.

Thejsolutionsjtojalljofjthisjmaterial,jexceptjtojthejmultiple-choicejandjmissing-
wordjquestions,jarejfullyjannotatedjinjorderjtojgivejthejnecessaryjfeedbackjtojstudents.

Wejintendjtojexpandjthejnumberjandjscopejofjthejpractice/assessmentjmaterialsjonjajcontinuingjbasis.

Wejhopejthatjyoujandjyourjstudentsjwilljfindjthejbookjbothjaccessiblejandjinteresting.jWejshouldjmuchja
ppreciatejanyjsuggestionsjyoujmayjhavejonjhowjthejbookjandjsupplementaryjmaterialjmayjbejimproved.

PeterjAtrilljEddi
ejMcLaney