Solution Manual for
x c x c
x c Management Accounting for x c x c
x c Decision Makers: x c x c
11th Edition By Peter Atrill, Eddie
x c x c x c x c x c
, x c McLane y All Ch apters 1 - 12 x c x c x c x c x c x c
TABLE OF CONTENTS
xc xc
1. Introduction to management accounting xc xc xc
2. Relevant costs and benefits for decision making
xc xc xc xc xc xc
3. Cost–volume–profit analysis xc
4. Full costing
xc
5. Costing and cost management in a competitive environment
xc xc xc xc xc xc xc
6. Budgeting
7. Accounting for control xc xc
8. Making capital investment decisions
xc xc xc
9. Managing risk xc
10. Strategic management accounting: performance evaluation and
xc xc xc xc xc
pricing in a competitive environment
xc xc xc xc xc
11. Measuring divisional performance
xc xc
12. Managing working capital xc xc
, SECTION x c A
Authors’ note to tutors xc xc xc
Using the book xc xc
The book is designed to provide readers with a sound introduction to management accounting.
xc xc xc xc xc xc xc xc xc xc xc xc xc
It assumes no previous knowledge of the subject and recognises that students using it may
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
come from a wide variety of backgrounds. The book, therefore, tries to avoid technical
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
jargon and does not assume a high level of numerical ability from students. It has been class
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
tested by students on various courses and we have modified and refined the material to take
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
account of their comments. We have also taken account of the comments made by lecturers
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
who used the first nine editions of the book and of specially commissioned reviews.
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
The book aims to encourage an active approach to learning by providing activities and self-
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
assessment questions at appropriate points. This approach is designed to stimulate thought
xc xc xc xc xc xc xc xc xc xc xc
concerning particular issues and to give the readers the opportunity to test their understanding
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
of the principles covered.
xc xc xc xc
The book is supplemented by a password-controlled lecturers’ website and a student website
xc xc xc xc xc xc xc xc xc xc xc xc
available to all readers.
xc xc xc xc
The structure of the book allows the tutor to deliver the subject in a number of ways. It can
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
be used as recommended reading for a traditional course based on lectures and tutorials.
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
There are critical review questions and exercises at the end of each chapter that can be used
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
as the basis for tutorials. It could also provide the basis for a distance learning approach for
xc xc xc xc xc x c xc xc xc xc xc xc xc xc xc xc xc
part-time or off-campus students. For these students, the interactive nature of the book may
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
be extremely useful where access to a tutor is restricted. The book can also be used as the
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
basis for an open learning approach for full-time campus-based students. We have
xc xc xc xc xc xc xc xc xc xc xc xc
successfully used it in this way at the University of Plymouth Business School. Accounting
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
‘surgeries’ have also been provided to give students the opportunity for one-to-one help with
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
any problems they face.
xc xc xc xc
The book is appropriate for modules that are designed to be covered in 100 to 150 hours of
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
study. For full-time students, this will often be covered in one academic year.
xc xc xc xc xc xc xc xc xc xc xc xc xc
PowerPoint slides xc
The diagrams in the book, along with other diagrams and materials, are available as
xc xc xc xc xc xc xc xc xc xc xc xc xc
PowerPoint slides to help in delivering lectures and tutorials and these can be downloaded
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
from the lecturers’ website.
xc xc xc xc
Practice/assessment material xc
The activities, whose solutions immediately follow them, and self-assessment questions,
xc xc xc xc xc xc xc xc xc
, xc whose solutions are at the end of the book, form an integral part of it. In addition,
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
xc there are various other
xc xc xc
x c x c
x c Management Accounting for x c x c
x c Decision Makers: x c x c
11th Edition By Peter Atrill, Eddie
x c x c x c x c x c
, x c McLane y All Ch apters 1 - 12 x c x c x c x c x c x c
TABLE OF CONTENTS
xc xc
1. Introduction to management accounting xc xc xc
2. Relevant costs and benefits for decision making
xc xc xc xc xc xc
3. Cost–volume–profit analysis xc
4. Full costing
xc
5. Costing and cost management in a competitive environment
xc xc xc xc xc xc xc
6. Budgeting
7. Accounting for control xc xc
8. Making capital investment decisions
xc xc xc
9. Managing risk xc
10. Strategic management accounting: performance evaluation and
xc xc xc xc xc
pricing in a competitive environment
xc xc xc xc xc
11. Measuring divisional performance
xc xc
12. Managing working capital xc xc
, SECTION x c A
Authors’ note to tutors xc xc xc
Using the book xc xc
The book is designed to provide readers with a sound introduction to management accounting.
xc xc xc xc xc xc xc xc xc xc xc xc xc
It assumes no previous knowledge of the subject and recognises that students using it may
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
come from a wide variety of backgrounds. The book, therefore, tries to avoid technical
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
jargon and does not assume a high level of numerical ability from students. It has been class
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
tested by students on various courses and we have modified and refined the material to take
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
account of their comments. We have also taken account of the comments made by lecturers
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
who used the first nine editions of the book and of specially commissioned reviews.
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
The book aims to encourage an active approach to learning by providing activities and self-
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
assessment questions at appropriate points. This approach is designed to stimulate thought
xc xc xc xc xc xc xc xc xc xc xc
concerning particular issues and to give the readers the opportunity to test their understanding
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
of the principles covered.
xc xc xc xc
The book is supplemented by a password-controlled lecturers’ website and a student website
xc xc xc xc xc xc xc xc xc xc xc xc
available to all readers.
xc xc xc xc
The structure of the book allows the tutor to deliver the subject in a number of ways. It can
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
be used as recommended reading for a traditional course based on lectures and tutorials.
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
There are critical review questions and exercises at the end of each chapter that can be used
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
as the basis for tutorials. It could also provide the basis for a distance learning approach for
xc xc xc xc xc x c xc xc xc xc xc xc xc xc xc xc xc
part-time or off-campus students. For these students, the interactive nature of the book may
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
be extremely useful where access to a tutor is restricted. The book can also be used as the
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
basis for an open learning approach for full-time campus-based students. We have
xc xc xc xc xc xc xc xc xc xc xc xc
successfully used it in this way at the University of Plymouth Business School. Accounting
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
‘surgeries’ have also been provided to give students the opportunity for one-to-one help with
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
any problems they face.
xc xc xc xc
The book is appropriate for modules that are designed to be covered in 100 to 150 hours of
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
study. For full-time students, this will often be covered in one academic year.
xc xc xc xc xc xc xc xc xc xc xc xc xc
PowerPoint slides xc
The diagrams in the book, along with other diagrams and materials, are available as
xc xc xc xc xc xc xc xc xc xc xc xc xc
PowerPoint slides to help in delivering lectures and tutorials and these can be downloaded
xc xc xc xc xc xc xc xc xc xc xc xc xc xc
from the lecturers’ website.
xc xc xc xc
Practice/assessment material xc
The activities, whose solutions immediately follow them, and self-assessment questions,
xc xc xc xc xc xc xc xc xc
, xc whose solutions are at the end of the book, form an integral part of it. In addition,
xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc xc
xc there are various other
xc xc xc
