Solution Manual For Managerial Accounting 8th Edition By John Wild, Ken Shaw, Barbara Chiappetta

Solution manual for Managerial Accounting
8th edition
by john wild, ken shaw, barbara chiappetta
Verified Chapter's 1 - 13 | Complete

,TABLE OF CONTENTSn n n




Chaptern1:nManagerialnAccountingnConceptsnandnPrinciples


Chaptern2:nJobnOrdernCostingnandnAnalysis


Chaptern3:nProcessnCostingnandnAnalysis


Chaptern4:nActivity-BasednCostingnandnAnalysis


Chaptern5:nCostnBehaviornandnCost-Volume-ProfitnAnalysis


Chaptern6:nVariablenCostingnandnAnalysis


Chaptern7:nMasternBudgetsnandnPlanning


Chaptern8:nFlexiblenBudgetsnandnStandardnCosts


Chaptern9:nPerformancenMeasurementnandnResponsibilitynAccounting


Chaptern10:nRelevantnCostsnfornManagerialnDecisions


Chaptern11:nCapitalnBudgetingnandnInvestmentnAnalysis


Chaptern12:nReportingnCashnFlows


Chaptern13:nAnalysisnofnFinancialnStatements

,Chapter 1 n




Managerial Accounting Concepts an n n n




d Principles
n




QUICK STUDIES n




Quick Study 1-1 (5 minutes)
n n n n



1. Its primary users are company managers ..............................
n n n n n n Managerial
2. Its information is often available only after an audit is complete .
n n n n n n n n n n n Financial
3. Its primary focus is on the organization as a whole ..............
n n n n n n n n n n Financial
4. Its principles and practices are relatively flexible .................
n n n n n n n Managerial
5. It focuses mainly on past results.............................................
n n n n n Financial


Quick Study 1-2 (10 minutes)
n n n n



1. Indirect cost
n


2. Direct cost
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3. Indirect cost
n


4. Indirect cost
n


5. Direct cost
n




Quick Study 1-3 (10 minutes)
n n n n



1. Direct materials
n


2. Factory overhead
n


3. Direct labor
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4. Factory overhead
n


5. Factory overhead
n


6. Direct materials
n

, Quick Study 1-4 (10 minutes)
n n n n




1. Product cost n


2. Period cost n


3. Product cost n


4. Period cost n


5. Product cost n


6. Period cost n


7. Period cost n


8. Product cost n




Quick Study 1-5 (10 minutes)
n n n n




1. Prime cost n


2. Conversion cost (Glue is an indirect material)
n n n n n n


3. Both
4. Conversion cost n


5. Conversion cost n


6. Prime cost n




Quick Study 1-6 (10 minutes)
n n n n



Ending work in process inventory is computed as:
n n n n n n n



Work in process inventory, beginning ...............
n n n n n $ 26,000
n




Direct materials used .......................................
n n n 74,000
Direct labor used ..............................................
n n n 55,000
Factory overhead .............................................
n n nn 95,000
Total manufacturing costs ..............................
n n n n 224,000
Total cost of work in process ..............................
n n n n n n 250,000
Less cost of goods manufactured ......................
n n n n n 220,000
n


Work in process inventory, ending .....................
n n n n n $ 30,000n