SOLUTION MANUAL for Horngren's Accounting, 13th Edition Managerial by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1 to 9||Complete Guide A+||Latest Update

SOLUTION MANUAL
Horngren's Accounting, 13th Edition Managerial
By Tracie Miller-Nobles, Brenda Mattison, All Chapter1-9

,THE MANAGERIAL CHAPTERS


1. IntroductionQtoQManagerialQAccounting

2. JobQOrderQCosting

3. ProcessQCosting

4. Cost-Volume-ProfitQAnalysis

5. MasterQBudgets

6. FlexibleQBudgetsQandQStandardQCostQSystems

7. CostQAllocationQandQResponsibilityQAccounting

8. Short-TermQBusinessQDecisions

9. CapitalQInvestmentQDecisions

,ChapterQ1
IntroductionQtoQManagerialQAccounting

ReviewQ QuestionsQ
1. TheQprimaryQpurposeQofQmanagerialQaccountingQisQtoQprovideQinformationQtoQhelpQm
anagersQplan,Q direct,Qcontrol,QandQmakeQdecisions.

2. FinancialQaccountingQandQmanagerialQaccountingQdifferQonQtheQfollowingQ6Qdimensions:Q
(1)QprimaryQ users,Q(2)QpurposeQofQinformation,Q(3)QfocusQandQtimeQdimensionQofQtheQ
information,Q(4)QrulesQandQ restrictions,Q(5)QscopeQofQinformation,QandQ(6)Qbehavioral.

3. LineQpositionsQareQdirectlyQinvolvedQinQprovidingQgoodsQorQservicesQtoQcustomers.QSta
ffQpositionsQ supportQlineQpositions.

4. PlanningQmeansQchoosingQgoalsQandQdecidingQhowQtoQachieveQthem.QDirectingQinvolvesQrunni
ngQtheQday-Q to-
dayQoperationsQofQaQbusiness.QControllingQisQtheQprocessQofQmonitoringQoperationsQandQkee
pingtheQ companyQonQtrack.

5. TheQfourQIMAQstandardsQofQethicalQpracticeQandQaQdescriptionQofQeachQfollow.
I. Competence.
MaintainQanQappropriateQlevelQofQprofessionalQleadershipQandQexpertiseQbyQ
enhancingQ knowledgeQandQskills.
PerformQprofessionalQdutiesQinQaccordanceQwithQrelevantQlaws,Qregulations,Qan
dQtechnicalQ standards.
ProvideQdecisionQsupportQinformationQandQrecommendationsQthatQareQaccurate,Qclea
r,Qconcise,Q andQtimely.
RecogniseQandQhelpQmangeQrisk.
II. Confidentiality.
KeepQinformationQconfidentialQexceptQwhenQdisclosureQisQauthorizedQorQlegallyQreq
uired.Q InformQallQrelevantQpartiesQregardingQappropriateQuseQofQconfidentialQinfor
mation.Q MonitorQtoQ ensureQcompliance.
QRefrainQfromQusingQconfidentialQinformationQforQunethicalQorQillegalQadvantage.
III. Integrity.
MitigateQactualQconflictsQofQinterest.QRegularlyQcommunicateQwithQbusinessQassociatesQt
oQavoidQ apparentQconflictsQofQinterest.Q AdviseQallQpartiesQofQanyQpotentialQconflicts
.
RefrainQfromQengagingQinQanyQconductQthatQwouldQprejudiceQcarryingQoutQdutiesQethicall
y.

, AbstainQfromQengagingQinQorQsupportingQanyQactivityQthatQmightQdiscreditQtheQpr
ofession.Q ContributeQtoQaQpositiveQethicalQcultureQandQplaceQintegrityQofQtheQpro
fessionQaboveQpersonalQ interest.
5,Qcon
t.
IV. Credibility.
CommunicateQinformationQfairlyQandQobjectively.
ProvideQallQrelevantQinformationQthatQcouldQreasonablyQbeQexpectedQtoQinfluenceQa
nQintendedQ user’sQunderstandingQofQtheQreports,Qanalyses,QorQrecommendations.
ReportQanyQdelaysQorQdeficienciesQinQinformation,Qtimeliness,Qprocessing,QorQinternalQ
controlsinQ conformanceQwithQorganizationQpolicyQand/orQapplicableQlaw.
CommunicateQanyQprofessionalQlimitationsQorQotherQconstraintsQthatQwouldQprecludeQr
esponsi-Q bleQjudgmentQorQsuccessfulQperformanceQofQanQactivity.

6. ServiceQcompaniesQsellQtime,Qskills,QandQknowledge.Q ExamplesQofQserviceQcompaniesQinclude
QphoneQ serviceQcompanies,Qbanks,QcleaningQserviceQcompanies,QaccountingQfirms,QlawQfirms,
QmedicalQphysicians,Q andQonlineQauctionQservices.

7. MerchandisingQcompaniesQresellQproductsQtheyQbuyQfromQsuppliers.QMerchandisersQkeepQanQin
ventoryofQ products,QandQmanagersQareQaccountableQforQtheQpurchasing,Qstorage,QandQsaleQ
ofQtheQproducts.QExamplesQ ofQmerchandisingQcompaniesQincludeQtoyQstores,QgroceryQstores,Q
andQclothingQstores.

8. MerchandisingQcompaniesQresellQproductsQtheyQpreviouslyQboughtQfromQsuppliers,Qwhereas
Q manufacturingQcompaniesQuseQlabor,Qequipment,Qsupplies,QandQfacilitiesQtoQconvertQraw
QmaterialsQintoQ newQfinishedQproducts.QInQcontrastQtoQmerchandisingQcompanies,Qmanufact
uringQcompaniesQhaveQaQ broadQrangeQofQproductionQactivitiesQthatQrequireQtrackingQcos
tsQonQthreeQkindsQofQinventory.

9. TheQthreeQinventoryQaccountsQusedQbyQmanufacturingQcompaniesQareQRawQMaterialsQInventor
y,QWork-in-Q ProcessQInventory,QandQFinishedQGoodsQInventory.

RawQMaterialsQInventoryQincludesQmaterialsQusedQtoQmanufactureQaQproduct.QWork-in-
ProcessInventoryQ includesQgoodsQthatQhaveQbeenQstartedQinQtheQmanufacturingQprocessQbutQ
areQnotQyetQcomplete.Q FinishedQ GoodsQInventoryQincludesQcompletedQgoodsQthatQhaveQnot
QyetQbeenQsold.


10. AQdirectQcostQisQaQcostQthatQcanQbeQeasilyQandQcost-
effectivelyQtracedQtoQaQcostQobjectQ(whichQisQanythingQ forQwhichQmanagersQwantQaQsep
arateQmeasurementQofQcost).QAnQindirectQcostQisQaQcostQthatcannotQbeQ easilyQorQcost-
effectivelyQtracedQtoQaQcostQobject.

11. TheQthreeQmanufacturingQcostsQforQaQmanufacturingQcompanyQareQdirectQmaterials,QdirectQ
labor,QandQ manufacturingQoverhead.QDirectQmaterialsQareQmaterialsQthatQbecomeQaQphysic
alQpartQofQaQfinishedQ productQandQwhoseQcostsQareQeasilyQtraceableQtoQtheQfinishedQpr
oduct.Q DirectQlaborQisQtheQlaborQcostQofQ theQemployeesQwhoQconvertQmaterialsQintoQfinis
hedQproducts.QManufacturingQoverheadQincludesQallQ manufacturingQcostsQexceptQdirectQmat
erialsQandQdirectQlabor,QsuchQasQindirectQmaterials,QindirectQlabor,Q factoryQdepreciation,Qf