SOLUTION MANUAL
Managerial Accounting Tools for Business Decision Making
9th Edition by Jerry J. Weygandt, Paul D. Kimmel
All Chapters 1-14, Complete
,TABLE OF CONTENTS E E
Chapter 1: Managerial Accounting
e e e
Chapter 2: Job Order Costing
e e e e
Chapter 2A: Job Order Costing: Non-Debit and Credit Approach
e e e e e e e e
Chapter 3: Process Costing
e e e
Chapter 3A: Process Costing: Non-Debit and Credit Approach
e e e e e e e
Chapter 4: Activity-Based Costing
e e e
Chapter 5: Cost-Volume-Profit
e e
Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
e e e e e
Chapter 7: Incremental Analysis
e e e
Chapter 8: Pricing
e e
Chapter 9: Budgetary Planning
e e e
Chapter 10: Budgetary Control and Responsibility Accounting
e e e e e e
Chapter 11: Standard Costs and Balanced Scorecard
e e e e e e
Chapter 12: Planning for Capital Investments
e e e e e
Chapter 13: Statement of Cash Flows
e e e e e
,Chapter 14: Financial Analysis
e e e
CHAPTER 1 e
Managerial Accounting e
Learning Objectives
e
1. Identifyetheefeatureseofemanagerialeaccountingeandetheefunctionseofemanagement.
2. Describeetheeclasseseofemanufacturingecostseandetheedifferencesebetweeneproducteande
periodecosts.
3. Demonstrateehowetoecomputeecosteofegoodsemanufacturedeandeprepareefinancialestateme
ntseforeaemanufacturer.
4. Discussetrendseinemanagerialeaccounting.
ANSWERS TO QUESTIONS e e
1. (a)eNotetrue.eManagerialeaccountingeiseaefieldeofeaccountingethateprovideseeconomiceandefin
ancialeinformationeforemanagerseandeothereinternaleusers.
(b) Joeeiseincorrect.eManagerialeaccountingeappliesetoealletypeseofebusinesses—
service,emerchandising,eandemanufacturing.
LO1e BT:eCe Difficulty:eEasye TOT:e3emin.eeAACSB:eNonee AICPAeFC:eMeasurement,eAnalysiseandeInterpretationeIMA:eCosteManagem
ent
2. (a)eFinancialeaccountingeiseconcernedeprimarilyewitheexternaleusersesucheasestockholders,ecre
ditors,eanderegulators.eInecontrast,emanagerialeaccountingeiseconcernedeprimarilyewithei
nternaleusersesucheaseofficerseandemanagers.
(b) Financialestatementseareetheeendeproducteofefinancialeaccounting.eTheseestatementseare
epreparedequarterlye andeannually.eInemanagerialeaccounting,e internale reportse maye bee
preparedeasefrequentlyeaseneeded.
(c) Theepurposeeofefinancialeaccountingeisetoeprovideegeneral-
purposeeinformationeforeexternaleusers.eTheepurposeeofemanagerialeaccountingeisetoepr
, ovideespecial-purposeeinformationeforespecificeinternaledecisions.
LO1e BT:eCe Difficulty:eEasye TOT:e5emin.eeAACSB:eNonee AICPAeFC:eMeasurement,eAnalysiseandeInterpretationeIMA:eCosteManagem
ent
3. Differenceseinetheecontenteofetheereportseareeasefollows:
e Financial e Managerial
• Pertainse toe businesse ase ae wholee ande isehi • Pertainsetoesubunitseofethee businesse a
ghlyeaggregated. ndemayebeeveryedetailed.
• Limitedetoeaccrualeaccountingeandecostedata. • Extends beyond accrual
• Generallyeacceptedeaccountingeprinciples. accounting
systemetoeanyerelevantedata.
Copyrighte©e2021eJohneWileye&eSons,eInc.
Weygandt,eManagerialeAccounting,e9e,eSolutionseManual (ForeInstructoreUseeOnly)
1-1
Managerial Accounting Tools for Business Decision Making
9th Edition by Jerry J. Weygandt, Paul D. Kimmel
All Chapters 1-14, Complete
,TABLE OF CONTENTS E E
Chapter 1: Managerial Accounting
e e e
Chapter 2: Job Order Costing
e e e e
Chapter 2A: Job Order Costing: Non-Debit and Credit Approach
e e e e e e e e
Chapter 3: Process Costing
e e e
Chapter 3A: Process Costing: Non-Debit and Credit Approach
e e e e e e e
Chapter 4: Activity-Based Costing
e e e
Chapter 5: Cost-Volume-Profit
e e
Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
e e e e e
Chapter 7: Incremental Analysis
e e e
Chapter 8: Pricing
e e
Chapter 9: Budgetary Planning
e e e
Chapter 10: Budgetary Control and Responsibility Accounting
e e e e e e
Chapter 11: Standard Costs and Balanced Scorecard
e e e e e e
Chapter 12: Planning for Capital Investments
e e e e e
Chapter 13: Statement of Cash Flows
e e e e e
,Chapter 14: Financial Analysis
e e e
CHAPTER 1 e
Managerial Accounting e
Learning Objectives
e
1. Identifyetheefeatureseofemanagerialeaccountingeandetheefunctionseofemanagement.
2. Describeetheeclasseseofemanufacturingecostseandetheedifferencesebetweeneproducteande
periodecosts.
3. Demonstrateehowetoecomputeecosteofegoodsemanufacturedeandeprepareefinancialestateme
ntseforeaemanufacturer.
4. Discussetrendseinemanagerialeaccounting.
ANSWERS TO QUESTIONS e e
1. (a)eNotetrue.eManagerialeaccountingeiseaefieldeofeaccountingethateprovideseeconomiceandefin
ancialeinformationeforemanagerseandeothereinternaleusers.
(b) Joeeiseincorrect.eManagerialeaccountingeappliesetoealletypeseofebusinesses—
service,emerchandising,eandemanufacturing.
LO1e BT:eCe Difficulty:eEasye TOT:e3emin.eeAACSB:eNonee AICPAeFC:eMeasurement,eAnalysiseandeInterpretationeIMA:eCosteManagem
ent
2. (a)eFinancialeaccountingeiseconcernedeprimarilyewitheexternaleusersesucheasestockholders,ecre
ditors,eanderegulators.eInecontrast,emanagerialeaccountingeiseconcernedeprimarilyewithei
nternaleusersesucheaseofficerseandemanagers.
(b) Financialestatementseareetheeendeproducteofefinancialeaccounting.eTheseestatementseare
epreparedequarterlye andeannually.eInemanagerialeaccounting,e internale reportse maye bee
preparedeasefrequentlyeaseneeded.
(c) Theepurposeeofefinancialeaccountingeisetoeprovideegeneral-
purposeeinformationeforeexternaleusers.eTheepurposeeofemanagerialeaccountingeisetoepr
, ovideespecial-purposeeinformationeforespecificeinternaledecisions.
LO1e BT:eCe Difficulty:eEasye TOT:e5emin.eeAACSB:eNonee AICPAeFC:eMeasurement,eAnalysiseandeInterpretationeIMA:eCosteManagem
ent
3. Differenceseinetheecontenteofetheereportseareeasefollows:
e Financial e Managerial
• Pertainse toe businesse ase ae wholee ande isehi • Pertainsetoesubunitseofethee businesse a
ghlyeaggregated. ndemayebeeveryedetailed.
• Limitedetoeaccrualeaccountingeandecostedata. • Extends beyond accrual
• Generallyeacceptedeaccountingeprinciples. accounting
systemetoeanyerelevantedata.
Copyrighte©e2021eJohneWileye&eSons,eInc.
Weygandt,eManagerialeAccounting,e9e,eSolutionseManual (ForeInstructoreUseeOnly)
1-1
