Solution Manual for Management Accounting for Decision Makers 10th Edition by Peter Atrill, Eddie McLaney

Solution Manual for Management
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v Accounting for Decision Makers:
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11th Edition By Peter Atrill, Eddie
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v McLaney All Chapters 1 - 12
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,TABLE OF CONTENTS
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1. Introduction to management accounting v v v




2. Relevant costs and benefits for decision making
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3. Cost–volume–profit analysis v




4. Full costing
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5. Costing and cost management in a competitive environment
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6. Budgeting

7. Accounting for control v v




8. Making capital investment decisions
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9. Managing risk v




10.Strategic management accounting: performance evaluation and
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pricing in a competitive environment
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11.Measuring divisional performance
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12.Managing working capitalv v

, SECTION A v




Authors’ note to tutors v v v




Using the book v v




The book is designed to provide readers with a sound introduction to management accounting. It
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assumes no previous knowledge of the subject and recognises that students using it may come from a
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wide variety of backgrounds. The book, therefore, tries to avoid technical jargon and does not assume a
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high level of numerical ability from students. It has been class tested by students on various courses and
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we have modified and refined the material to take account of their comments. We have also taken
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account of the comments made by lecturers who used the first nine editions of the book and of specially
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commissioned reviews.
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The book aims to encourage an active approach to learning by providing activities and self-assessment
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questions at appropriate points. This approach is designed to stimulate thought concerning particular
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issues and to give the readers the opportunity to test their understanding of the principles covered.
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The book is supplemented by a password-controlled lecturers’ website and a student website available
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to all readers.
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The structure of the book allows the tutor to deliver the subject in a number of ways. It can be used as
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recommended reading for a traditional course based on lectures and tutorials. There are critical review
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questions and exercises at the end of each chapter that can be used as the basis for tutorials. It could also
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provide the basis for a distance learning approach for part-time or off-campus students. For these
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students, the interactive nature of the book may be extremely useful where access to a tutor is restricted.
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The book can also be used as the basis for an open learning approach for full-time campus-based
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students. We have successfully used it in this way at the University of Plymouth Business School.
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Accounting ‘surgeries’ have also been provided to give students the opportunity for one-to-one help
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with any problems they face.
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The book is appropriate for modules that are designed to be covered in 100 to 150 hours of study. For
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full-time students, this will often be covered in one academic year.
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PowerPoint slides v




The diagrams in the book, along with other diagrams and materials, are available as PowerPoint slides to
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help in delivering lectures and tutorials and these can be downloaded from the lecturers’ website.
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Practice/assessment material v




The activities, whose solutions immediately follow them, and self-assessment questions, whose
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solutions are at the end of the book, form an integral part of it. In addition, there are various other
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, practice/assessment materials. At the end of each chapter there are four critical review questions. v v v v v v v v v v v v v




These are short, narrative questions involving recall, explanation and brief discussion. The solutions to
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these are given at the end of the book. At the end of all chapters, except Chapter 1 (where there are two),
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there are eight exercises. These are questions, many involving calculations, which are similar in nature
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to examination-style questions. The solutions to five of these are given at the end of the book and are,
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therefore, accessible to students. Solutions to the other three are in the following pages of this manual
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and are not accessible to students.
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On the lecturers’ website, in addition to this Instructor’s Manual with solutions to selected end-of-
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chapter exercises there are:
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• Two progress tests with solutions. These tests comprise multiple-choice questions, missing- word
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questions and questions that are similar to the end-of-chapter exercises. One test corresponds to
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Chapters 1 to 5, and the other to Chapters 6 to 12.
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• Supplementary questions (10 of them) with solutions. v v v v v v




• Tutorial/seminar questions with solutions. v v v




None of this material, except the case study comments, is accessible to students. On
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v the student website, there are five types of material:
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• Revision exercises, similar in style to the end-of-chapter exercises, with solutions.
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• Multiple-choice questions, typically 10 for each chapter. These are intended to be tackled online, v v v v v v v v v v v v v




where they will be automatically graded.
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• Missing-word questions, typically 10 for each chapter. These too can be attempted and graded v v v v v v v v v v v v v




online.
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The multiple-choice questions and missing-word questions are intended to provide students with a
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quick assessment of their mastery of the material of each chapter.
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The solutions to all of this material, except to the multiple-choice and missing-word questions, are fully
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annotated in order to give the necessary feedback to students.
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We intend to expand the number and scope of the practice/assessment materials on a continuing basis.
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We hope that you and your students will find the book both accessible and interesting. We should much
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appreciate any suggestions you may have on how the book and supplementary material may be
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improved.
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Peter Atrill v




EddieMcLaney
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