Solution Manual For Managerial Accounting Tools for Business Decision Making 9th Edition by Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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

,TABLE OF CONTENTS
Q Q




ChapterQ1:QManagerialQAccounting

ChapterQ2:QJobQOrderQCosting

ChapterQ2A:QJobQOrderQCosting:QNon-DebitQandQCreditQApproach

ChapterQ3:QProcessQCosting

ChapterQ3A:QProcessQCosting:QNon-DebitQandQCreditQApproach

ChapterQ4:QActivity-BasedQCosting

ChapterQ5:QCost-Volume-Profit

ChapterQ6:QCost-Volume-ProfitQAnalysis:QAdditionalQIssues

ChapterQ7:QIncrementalQAnalysis

ChapterQ8:QPricing

ChapterQ9:QBudgetaryQPlanning

ChapterQ10:QBudgetaryQControlQandQResponsibilityQAccounting

ChapterQ11:QStandardQCostsQandQBalancedQScorecard

ChapterQ12:QPlanningQforQCapitalQInvestments

ChapterQ13:QStatementQofQCashQFlows

,ChapterQ14:QFinancialQAnalysis




CHAPTERQ1
ManagerialQAccounting
LearningQObjectives
1. IdentifyQtheQfeaturesQofQmanagerialQaccountingQandQtheQfunctionsQofQmanagement.

2. DescribeQtheQclassesQofQmanufacturingQcostsQandQtheQdifferencesQbetweenQpro
ductQandQperiodQcosts.

3. DemonstrateQhowQtoQcomputeQcostQofQgoodsQmanufacturedQandQprepareQfinancial
QstatementsQforQaQmanufacturer.


4. DiscussQtrendsQinQmanagerialQaccounting.


ANSWERSQTOQQUESTIONS
1. (a)QNotQtrue.QManagerialQaccountingQisQaQfieldQofQaccountingQthatQprovidesQecono
micQandQfinancialQinformationQforQmanagersQandQotherQinternalQusers.
(b) JoeQisQincorrect.QManagerialQaccountingQappliesQtoQallQtypesQofQbusinesses—
service,Qmerchandising,QandQmanufacturing.
LO1Q BT:QCQ Difficulty:QEasyQ TOT:Q3Qmin.QQAACSB:QNoneQ AICPAQ FC:Q Measurement,QAnalysisQ andQInterpretation
QIMA:QCostQManagement

2. (a)QFinancialQaccountingQisQconcernedQprimarilyQwithQexternalQusersQsuchQasQstockh
olders,Qcreditors,QandQregulators.QInQcontrast,QmanagerialQaccountingQisQconcer
nedQprimarilyQwithQinternalQusersQsuchQasQofficersQandQmanagers.
(b) FinancialQstatementsQareQtheQendQproductQofQfinancialQaccounting.QTheseQstate
mentsQareQpreparedQquarterlyQandQannually.QInQmanagerialQaccounting,Qinternal
QreportsQ mayQ beQpreparedQasQfrequentlyQasQneeded.
(c) TheQpurposeQofQfinancialQaccountingQisQtoQprovideQgeneral-
purposeQinformationQforQexternalQusers.QTheQpurposeQofQmanagerialQaccountin

, gQisQtoQprovideQspecial-purposeQinformationQforQspecificQinternalQdecisions.
LO1Q BT:QCQ Difficulty:QEasyQ TOT:Q5Qmin.QQAACSB:QNoneQ AICPAQ FC:Q Measurement,QAnalysisQ andQInterpretation
QIMA:QCostQManagement

3. DifferencesQinQtheQcontentQofQtheQreportsQareQasQfollows:

Q Financial Q Managerial
• PertainsQ toQ businessQ asQ aQ wholeQ an • PertainsQtoQ subunitsQofQ theQ busin
dQ isQhighlyQaggregated. essQandQmayQbeQveryQdetailed.
• LimitedQtoQaccrualQaccountingQandQcost • Extends beyond accrual
Qdata. accounting
• GenerallyQacceptedQaccountingQprinciples systemQtoQanyQrelevantQdata.
.
CopyrightQ©Q2021QJohnQWileyQ&QSons,QInc.
Weygandt,QManagerialQAccounting,Q9e,QSolutionsQ Manual
(ForQ InstructorQUseQOnly) 1-1