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w edition
by john wild, ken shaw, barbara chiappetta
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w Verified Chapter's 1 - 13 | Complete
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,TABLE OF CONTENTS w w w
Chapter 1: Managerial Accounting Concepts and Principles
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Chapter 2: Job Order Costing and Analysis
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Chapter 3: Process Costing and Analysis
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Chapter 4: Activity-Based Costing and Analysis
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Chapter 5: Cost Behavior and Cost-Volume-Profit Analysis
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Chapter 6: Variable Costing and Analysis
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Chapter 7: Master Budgets and Planning
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Chapter 8: Flexible Budgets and Standard Costs
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Chapter 9: Performance Measurement and Responsibility Accounting
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Chapter 10: Relevant Costs for Managerial Decisions
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Chapter 11: Capital Budgeting and Investment Analysis
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Chapter 12: Reporting Cash Flows
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Chapter 13: Analysis of Financial Statements
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,Chapter1 w
ManagerialAccountingConcepts and w w w
Principles
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QUICK STUDIES w
Quick Study 1-1 (5 minutes)
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1. Itsprimaryusers are companymanagers..............................
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2. Itsinformationisoftenavailableonlyafteranauditiscomplete.
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3. Itsprimaryfocus is on the organization as a whole..............
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4. Itsprinciples and practicesare relativelyflexible.................
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5. It focuses mainlyon past results.............................................
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Quick Study1-2 (10 minutes)
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1. Indirectcost w
2. Directcost w
3. Indirectcost w
4. Indirectcost w
5. Directcost w
Quick Study1-3 (10 minutes)
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1. Directmaterials
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2. Factoryoverhead w
3. Directlabor w
4. Factoryoverhead w
5. Factoryoverhead w
6. Directmaterials
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, Quick Study1-4 (10 minutes)
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1. Productcost w
2. Periodcost w
3. Productcost w
4. Periodcost w
5. Productcost w
6. Periodcost w
7. Periodcost w
8. Productcost w
Quick Study1-5 (10 minutes)
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1. Primecost w
2. Conversioncost (Glue is an indirect material) w w w w w w
3. Both
4. Conversioncost w
5. Conversioncost w
6. Primecost w
Quick Study1-6 (10 minutes)
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Endingworkinprocess inventoryis computed as:
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Workin processinventory, beginning...............
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Directmaterialsused.......................................
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Directlabor used..............................................
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Factoryoverhead.............................................
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Totalmanufacturing costs..............................
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Totalcost of work in process..............................
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Lesscost of goods manufactured......................
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Workin processinventory, ending.....................
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