,TABLE OF CONTENTS H H
Chapter 1: Managerial Accounting
H H H
Chapter 2: Job Order Costing
H H H H
Chapter 2A: Job Order Costing: Non-Debit and Credit Approach
H H H H H H H H
Chapter 3: Process Costing
H H H
Chapter 3A: Process Costing: Non-Debit and Credit Approach
H H H H H H H
Chapter 4: Activity-Based Costing
H H H
Chapter 5: Cost-Volume-Profit
H H
Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
H H H H H
Chapter 7: Incremental Analysis
H H H
Chapter 8: Pricing
H H
Chapter 9: Budgetary Planning
H H H
Chapter 10: Budgetary Control and Responsibility Accounting
H H H H H H
Chapter 11: Standard Costs and Balanced Scorecard
H H H H H H
Chapter 12: Planning for Capital Investments
H H H H H
Chapter 13: Statement of Cash Flows
H H H H H
,Chapter 14: Financial Analysis
H H H
CHAPTER 1 H
Managerial Accounting H
Learning Objectives
H
1. IdentifyHtheHfeaturesHofHmanagerialHaccountingHandHtheHfunctionsHofHmanagement.
2. DescribeHtheHclassesHofHmanufacturingHcostsHandHtheHdifferencesHbetweenHproductHan
dHperiodHcosts.
3. DemonstrateHhowHtoHcomputeHcostHofHgoodsHmanufacturedHandHprepareHfinancialHstatem
entsHforHaHmanufacturer.
4. DiscussHtrendsHinHmanagerialHaccounting.
ANSWERS TO QUESTIONS H H
1. (a)HNotHtrue.HManagerialHaccountingHisHaHfieldHofHaccountingHthatHprovidesHeconomicHandHf
inancialHinformationHforHmanagersHandHotherHinternalHusers.
(b) JoeHisHincorrect.HManagerialHaccountingHappliesHtoHallHtypesHofHbusinesses—
service,Hmerchandising,HandHmanufacturing.
LO1H BT:HCH Difficulty:HEasyH TOT:H3Hmin.HHAACSB:HNoneH AICPAH FC:H Measurement,HAnalysisHandHInterpretationHIMA:HCostHMana
gement
2. (a)HFinancialHaccountingHisHconcernedHprimarilyHwithHexternalHusersHsuchHasHstockholders,Hc
reditors,HandHregulators.HInHcontrast,HmanagerialHaccountingHisHconcernedHprimarilyHwi
thHinternalHusersHsuchHasHofficersHandHmanagers.
(b) FinancialHstatementsHareHtheHendHproductHofHfinancialHaccounting.HTheseHstatementsHa
reHpreparedHquarterlyHandHannually.HInHmanagerialHaccounting,HinternalHreportsH mayH
beHpreparedHasHfrequentlyHasHneeded.
(c) TheHpurposeHofHfinancialHaccountingHisHtoHprovideHgeneral-
purposeHinformationHforHexternalHusers.HTheHpurposeHofHmanagerialHaccountingHisHtoH
, provideHspecial-purposeHinformationHforHspecificHinternalHdecisions.
LO1H BT:HCH Difficulty:HEasyH TOT:H5Hmin.HHAACSB:HNoneH AICPAHFC:H Measurement,HAnalysisHandHInterpretationHIMA:HCostHMana
gement
3. DifferencesHinHtheHcontentHofHtheHreportsHareHasHfollows:
H Financial H Managerial
• PertainsH toH businessH asH aH wholeH andH isH • PertainsHtoH subunitsHofH theH businessH
highlyHaggregated. andHmayHbeHveryHdetailed.
• LimitedHtoHaccrualHaccountingHandHcostHdat • Extends beyond accrual
a. accounting
• GenerallyHacceptedHaccountingHprinciples. systemHtoHanyHrelevantHdata.
CopyrightH©H2021HJohnHWileyH&HSons,HInc.
Weygandt,HManagerialHAccounting,H9e,HSolutionsH Manual (ForHInstructorHUseHOnly)
1-1
Chapter 1: Managerial Accounting
H H H
Chapter 2: Job Order Costing
H H H H
Chapter 2A: Job Order Costing: Non-Debit and Credit Approach
H H H H H H H H
Chapter 3: Process Costing
H H H
Chapter 3A: Process Costing: Non-Debit and Credit Approach
H H H H H H H
Chapter 4: Activity-Based Costing
H H H
Chapter 5: Cost-Volume-Profit
H H
Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
H H H H H
Chapter 7: Incremental Analysis
H H H
Chapter 8: Pricing
H H
Chapter 9: Budgetary Planning
H H H
Chapter 10: Budgetary Control and Responsibility Accounting
H H H H H H
Chapter 11: Standard Costs and Balanced Scorecard
H H H H H H
Chapter 12: Planning for Capital Investments
H H H H H
Chapter 13: Statement of Cash Flows
H H H H H
,Chapter 14: Financial Analysis
H H H
CHAPTER 1 H
Managerial Accounting H
Learning Objectives
H
1. IdentifyHtheHfeaturesHofHmanagerialHaccountingHandHtheHfunctionsHofHmanagement.
2. DescribeHtheHclassesHofHmanufacturingHcostsHandHtheHdifferencesHbetweenHproductHan
dHperiodHcosts.
3. DemonstrateHhowHtoHcomputeHcostHofHgoodsHmanufacturedHandHprepareHfinancialHstatem
entsHforHaHmanufacturer.
4. DiscussHtrendsHinHmanagerialHaccounting.
ANSWERS TO QUESTIONS H H
1. (a)HNotHtrue.HManagerialHaccountingHisHaHfieldHofHaccountingHthatHprovidesHeconomicHandHf
inancialHinformationHforHmanagersHandHotherHinternalHusers.
(b) JoeHisHincorrect.HManagerialHaccountingHappliesHtoHallHtypesHofHbusinesses—
service,Hmerchandising,HandHmanufacturing.
LO1H BT:HCH Difficulty:HEasyH TOT:H3Hmin.HHAACSB:HNoneH AICPAH FC:H Measurement,HAnalysisHandHInterpretationHIMA:HCostHMana
gement
2. (a)HFinancialHaccountingHisHconcernedHprimarilyHwithHexternalHusersHsuchHasHstockholders,Hc
reditors,HandHregulators.HInHcontrast,HmanagerialHaccountingHisHconcernedHprimarilyHwi
thHinternalHusersHsuchHasHofficersHandHmanagers.
(b) FinancialHstatementsHareHtheHendHproductHofHfinancialHaccounting.HTheseHstatementsHa
reHpreparedHquarterlyHandHannually.HInHmanagerialHaccounting,HinternalHreportsH mayH
beHpreparedHasHfrequentlyHasHneeded.
(c) TheHpurposeHofHfinancialHaccountingHisHtoHprovideHgeneral-
purposeHinformationHforHexternalHusers.HTheHpurposeHofHmanagerialHaccountingHisHtoH
, provideHspecial-purposeHinformationHforHspecificHinternalHdecisions.
LO1H BT:HCH Difficulty:HEasyH TOT:H5Hmin.HHAACSB:HNoneH AICPAHFC:H Measurement,HAnalysisHandHInterpretationHIMA:HCostHMana
gement
3. DifferencesHinHtheHcontentHofHtheHreportsHareHasHfollows:
H Financial H Managerial
• PertainsH toH businessH asH aH wholeH andH isH • PertainsHtoH subunitsHofH theH businessH
highlyHaggregated. andHmayHbeHveryHdetailed.
• LimitedHtoHaccrualHaccountingHandHcostHdat • Extends beyond accrual
a. accounting
• GenerallyHacceptedHaccountingHprinciples. systemHtoHanyHrelevantHdata.
CopyrightH©H2021HJohnHWileyH&HSons,HInc.
Weygandt,HManagerialHAccounting,H9e,HSolutionsH Manual (ForHInstructorHUseHOnly)
1-1
