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

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




Chapter 1: Managerial Accounting Concepts and Principles
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Chapter 2: Job Order Costing and Analysis
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Chapter 3: Process Costing and Analysis
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Chapter 4: Activity-Based Costing and Analysis
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Chapter 5: Cost Behavior and Cost-Volume-Profit Analysis
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Chapter 6: Variable Costing and Analysis
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Chapter 7: Master Budgets and Planning
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Chapter 8: Flexible Budgets and Standard Costs
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Chapter 9: Performance Measurement and Responsibility Accounting
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Chapter 10: Relevant Costs for Managerial Decisions
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Chapter 11: Capital Budgeting and Investment Analysis
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Chapter 12: Reporting Cash Flows
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Chapter 13: Analysis of Financial Statements
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,Chapter1 k




ManagerialAccountingConcepts and k k k




Principles
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QUICK STUDIES k




Quick Study 1-1 (5 minutes)
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1. Itsprimary users are companymanagers..............................
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2. Itsinformationisoftenavailableonlyafteranauditiscomplete.
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3. Its primary focus is on the organization as a whole..............
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4. Its principles and practices are relatively flexible .................
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5. It focuses mainly on past results.............................................
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Quick Study 1-2 (10 minutes)
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1. Indirect cost k




2. Direct cost k




3. Indirect cost k




4. Indirect cost k




5. Direct cost k




Quick Study 1-3 (10 minutes)
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1. Direct materials
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2. Factory overhead k




3. Direct labor k




4. Factory overhead k




5. Factory overhead k




6. Direct materials
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, Quick Study 1-4 (10 minutes)
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1. Product cost k




2. Period cost k




3. Product cost k




4. Period cost k




5. Product cost k




6. Period cost k




7. Period cost k




8. Product cost k




Quick Study 1-5 (10 minutes)
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1. Prime cost k




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




3. Both
4. Conversioncost k




5. Conversioncost k




6. Prime cost k




Quick Study 1-6 (10 minutes)
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Ending work in process inventory is computed as:
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Work in process inventory, beginning ...............
k k k k k $ 26,000k




Direct materials used.......................................
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Direct labor used..............................................
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Factory overhead .............................................
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Total manufacturing costs..............................
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Total cost of work in process..............................
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Less cost of goods manufactured......................
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Work in process inventory, ending.....................
k k k k k $ 30,000 k