SOLUTION MANUAL Managerial Accounting Tools for Business Decision Making 9th Edition by Jerry J. Weygandt, Paul D. Kimmel All Chapters 1-14, Complete

SOLUTION MANUAL e




Managerial Accounting Tools for Business Decision
e e e e e




Making e e




9th Edition by Jerry J. Weygandt, Paul D. Kimmel
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Chapters 1 - 14, Complete
e e e e

,TABLE OF CONTENTS E E




Chapter 1: Managerial Accounting
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Chapter 2: Job Order Costing
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Chapter 2A: Job Order Costing: Non-Debit and Credit Approach
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Chapter 3: Process Costing
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Chapter 3A: Process Costing: Non-Debit and Credit Approach
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Chapter 4: Activity-Based Costing
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Chapter 5: Cost-Volume-Profit
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Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
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Chapter 7: Incremental Analysis
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Chapter 8: Pricing
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Chapter 9: Budgetary Planning
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Chapter 10: Budgetary Control and Responsibility Accounting
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Chapter 11: Standard Costs and Balanced Scorecard
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Chapter 12: Planning for Capital Investments
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Chapter 13: Statement of Cash Flows
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,Chapter 14: Financial Analysis
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CHAPTER 1 e




Managerial Accounting e




Learning Objectives e


1. Identify ethe efeatures eof emanagerial eaccounting eand ethe efunctions eof emanagement.

2. Describe ethe eclasses eof emanufacturing ecosts eand ethe edifferences ebetween eproduct
and eperiodecosts.
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3. Demonstrate ehow eto ecompute ecost eof egoods emanufactured eand eprepare efinancial
statements efor eaemanufacturer.
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4. Discuss etrends ein emanagerial eaccounting.


ANSWERS TO QUESTIONS e e




1. (a) eNot etrue. eManagerial eaccounting eis ea efield eof eaccounting ethat eprovides eeconomic
eand efinancial einformation efor emanagers eand eother einternal eusers.

(b) Joe eis eincorrect. eManagerial eaccounting eapplies eto eall etypes eof ebusinesses—service,
emerchandising, eand emanufacturing.
LO1 e BT: eC e Difficulty: eEasy e TOT: e3 emin. e eAACSB: eNone e AICPA e FC: e Measurement, eAnalysis eand eInterpretation eIMA:
eCost eManagement



2. (a) eFinancial eaccounting eis econcerned eprimarily ewith eexternal eusers esuch eas
estockholders, ecreditors, eand eregulators. eIn econtrast, emanagerial eaccounting eis

econcerned eprimarily ewith einternal eusers esuch eas eofficers eand e managers.

(b) Financial estatements eare ethe eend eproduct eof efinancial eaccounting. eThese
estatements eare eprepared equarterly eand eannually. eIn emanagerial eaccounting,

einternal ereports e may e be eprepared e as efrequently eas eneeded.

(c) The epurpose eof efinancial eaccounting eis eto eprovide egeneral-purpose einformation efor
eexternal eusers. eThe epurpose eof emanagerial eaccounting eis eto eprovide especial-

, purpose einformation efor especific einternal edecisions.
LO1 e BT: eC e Difficulty: eEasy e TOT: e5 emin. e eAACSB: eNone e AICPA eFC: e Measurement, eAnalysis eand eInterpretation eIMA:
eCost eManagement



3. Differences ein ethe econtent eof ethe ereports eare eas efollows:

e Financial e Managerial
 Pertains e to e business e as e a e whole e and  Pertains eto e subunits eof e the
isehighly eaggregated.
e business eandemay ebe every edetailed.
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 Limited eto eaccrual eaccounting eand ecost  Extends beyond accrual
edata. accounting
 Generally eaccepted eaccounting eprinciples. system eto eany erelevant edata.
Copyright e© e2021 eJohn eWiley e& eSons, eInc. Weygandt, eManagerial
eAccounting, e9e, eSolutions e Manual (For eInstructor eUse eOnly) 1-1