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, TABLE OF CONTENTS
Solutions Manual: Managerial Accounting: The Cornerstone of
Business Decision-Making, 9th Edition
Authors: Maryanne Mowen, Don Hansen, Dan Heitger
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1. Introduction to Managerial Accounting
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2. Basic Managerial Accounting Concepts
3. Cost Behavior and Forecasting
4. Job-Order Costing and Overhead Application
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5. Activity-Based Costing and Management
6. Process Costing
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7. Cost-Volume-Profit Analysis
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8. Tactical Decision-Making and Relevant Analysis
9. Profit Planning and Flexible Budgets
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10. Standard Costing and Variance Analysis
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11. Performance Evaluation and Decentralization
12. Capital Investment Decisions
PR
13. Emerging Topics in Managerial Accounting
14. Statement of Cash Flows
A?
15. Financial Statement Analysis
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, 1 INTRODUCTION TO MANAGERIAL
ACCOUNTING
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MULTIPLE-CHOICE QUESTIONS
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1-2. b
1-3. a
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1-4. b
1-5. e
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1-6.
1-7.
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1-11. d
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, CHAPTER 1 Introduction to Managerial Accounting
EXERCISES
E 1-12
a. Decision-making
b. Controlling
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c. Planning
d. Decision-making
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e. Planning
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f. Decision-making
E 1-13
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a. Managerial accounting oriented
b. Financial accounting oriented
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c. Managerial accounting oriented
d.
e.
Financial accounting oriented
Managerial accounting oriented
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1. The total product is the product and its features (processing speed, disk drives,
software packages, and so on), the service, the operating and maintenance
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requirements, and the delivery speed.
2. One company is emphasizing low costs, and the other is attempting to differentiate
its PC by offering faster delivery and higher-quality service.
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3. The Confiar’s service component and its delivery time appear to be better than
Drantex’s. Thus, the realization of these features appears to outweigh the additional
sacrifice (the additional operating and maintenance cost) associated with the
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Confiar PC. The implications for management accounting are straightforward. The
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management accounting information system should collect and report information
about customer realization and sacrifice. Much of this information is external to the
firm but clearly needed by management.
ST
4. Better quality and shorter delivery time increase the value of what the customer
receives, while lowering the price decreases the amount paid. In total, customer
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value has increased, and presumably, this should make the Drantex PC much more
competitive. This example illustrates how quality, time, and costs are essential
competitive weapons. It also illustrates how critical it is for the management
accounting system to collect and report data concerning these three dimensions.
EK ED
GE OV
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AP
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ST
, TABLE OF CONTENTS
Solutions Manual: Managerial Accounting: The Cornerstone of
Business Decision-Making, 9th Edition
Authors: Maryanne Mowen, Don Hansen, Dan Heitger
ST
??
1. Introduction to Managerial Accounting
UV
EK
2. Basic Managerial Accounting Concepts
3. Cost Behavior and Forecasting
4. Job-Order Costing and Overhead Application
GE
IA
5. Activity-Based Costing and Management
6. Process Costing
?_
7. Cost-Volume-Profit Analysis
ED
8. Tactical Decision-Making and Relevant Analysis
9. Profit Planning and Flexible Budgets
AP
10. Standard Costing and Variance Analysis
_M
11. Performance Evaluation and Decentralization
12. Capital Investment Decisions
PR
13. Emerging Topics in Managerial Accounting
14. Statement of Cash Flows
A?
15. Financial Statement Analysis
OV
VI
ED
U
ST
? ?
, 1 INTRODUCTION TO MANAGERIAL
ACCOUNTING
ST
??
MULTIPLE-CHOICE QUESTIONS
UV
1-1. c
EK
1-2. b
1-3. a
GE
IA
1-4. b
1-5. e
?_
1-6.
1-7.
e
d
ED
AP
1-8. d
M
1-9. b
PR
1-10. e
?_
1-11. d
IA
OV
UV
ED
ST
??
, CHAPTER 1 Introduction to Managerial Accounting
EXERCISES
E 1-12
a. Decision-making
b. Controlling
ST
??
c. Planning
d. Decision-making
UV
e. Planning
EK
f. Decision-making
E 1-13
GE
IA
a. Managerial accounting oriented
b. Financial accounting oriented
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c. Managerial accounting oriented
d.
e.
Financial accounting oriented
Managerial accounting oriented
ED
AP
E 1-14
M
1. The total product is the product and its features (processing speed, disk drives,
software packages, and so on), the service, the operating and maintenance
PR
?_
requirements, and the delivery speed.
2. One company is emphasizing low costs, and the other is attempting to differentiate
its PC by offering faster delivery and higher-quality service.
IA
OV
3. The Confiar’s service component and its delivery time appear to be better than
Drantex’s. Thus, the realization of these features appears to outweigh the additional
sacrifice (the additional operating and maintenance cost) associated with the
UV
Confiar PC. The implications for management accounting are straightforward. The
ED
management accounting information system should collect and report information
about customer realization and sacrifice. Much of this information is external to the
firm but clearly needed by management.
ST
4. Better quality and shorter delivery time increase the value of what the customer
receives, while lowering the price decreases the amount paid. In total, customer
??
value has increased, and presumably, this should make the Drantex PC much more
competitive. This example illustrates how quality, time, and costs are essential
competitive weapons. It also illustrates how critical it is for the management
accounting system to collect and report data concerning these three dimensions.
