Managerial Accounting Tools for Business Decision
Making
9th Edition by Jerry J. Weygandt, Paul D. Kimmel
Chapters 1 - 14, Complete
,TABLE OF CONTENTS D D
Chapter 1: Managerial Accounting
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Chapter 2: Job Order Costing
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Chapter 2A: Job Order Costing: Non-Debit and Credit Approach
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Chapter 3: Process Costing
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Chapter 3A: Process Costing: Non-Debit and Credit Approach
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Chapter 4: Activity-Based Costing
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Chapter 5: Cost-Volume-Profit
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Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
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Chapter 7: Incremental Analysis
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Chapter 8: Pricing
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Chapter 9: Budgetary Planning
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Chapter 10: Budgetary Control and Responsibility Accounting
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Chapter 11: Standard Costs and Balanced Scorecard
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Chapter 12: Planning for Capital Investments
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Chapter 13: Statement of Cash Flows
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,Chapter 14: Financial Analysis
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CHAPTER 1 d
Managerial Accounting d
Learning Objectives
d
1. Identifydthedfeaturesdofdmanagerialdaccountingdanddthedfunctionsdofdmanagement.
2. Describedthedclassesdofdmanufacturingdcostsdanddtheddifferencesdbetweendproductdan
ddperioddcosts.
3. Demonstratedhowdtodcomputedcostdofdgoodsdmanufactureddanddpreparedfinancialdstatem
entsdfordadmanufacturer.
4. Discussdtrendsdindmanagerialdaccounting.
ANSWERS TO QUESTIONS d d
1. (a)dNotdtrue.dManagerialdaccountingdisdadfielddofdaccountingdthatdprovidesdeconomicdanddf
inancialdinformationdfordmanagersdanddotherdinternaldusers.
(b) Joedisdincorrect.dManagerialdaccountingdappliesdtodalldtypesdofdbusinesses—
service,dmerchandising,danddmanufacturing.
LO1d BT:dCd Difficulty:dEasyd TOT:d3dmin.ddAACSB:dNoned AICPAd FC:d Measurement,dAnalysisd anddInterpretationdIMA:dCostdMana
gement
2. (a)dFinancialdaccountingdisdconcerneddprimarilydwithdexternaldusersdsuchdasdstockholders,dc
reditors,danddregulators.dIndcontrast,dmanagerialdaccountingdisdconcerneddprimarilydwi
thdinternaldusersdsuchdasdofficersdanddmanagers.
(b) Financialdstatementsdaredthedenddproductdofdfinancialdaccounting.dThesedstatementsda
redprepareddquarterlydanddannually.dIndmanagerialdaccounting,dinternaldreportsd mayd
bedprepareddasdfrequentlydasdneeded.
(c) Thedpurposedofdfinancialdaccountingdisdtodprovidedgeneral-
purposedinformationdfordexternaldusers.dThedpurposedofdmanagerialdaccountingdisdtod
, providedspecial-purposedinformationdfordspecificdinternalddecisions.
LO1d BT:dCd Difficulty:dEasyd TOT:d5dmin.ddAACSB:dNoned AICPAdFC:d Measurement,dAnalysisd anddInterpretationdIMA:dCostdMana
gement
3. Differencesdindthedcontentdofdthedreportsdaredasdfollows:
d Financial d Managerial
Pertainsd tod businessd asd ad wholed andd isdh Pertainsdtodsubunitsdofdthedbusinessd
ighlydaggregated. anddmaydbedveryddetailed.
Limiteddtodaccrualdaccountingdanddcostddat Extends beyond accrual
a. accounting
Generallydaccepteddaccountingdprinciples. systemdtodanydrelevantddata.
Copyrightd©d2021dJohndWileyd&dSons,dInc.
Weygandt,dManagerialdAccounting,d9e,dSolutionsd Manual (FordInstructordUsedOnly)
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