Solution manual for Management accounting for decision makers 10th edition by Peter Atrill, Eddie McLaney All Chaṗters 1-12

Solution Manual for Management
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v Accounting for Decision Makers:
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11th Edition By Peter Atrill, Eddie
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v McLaney All Chapters 1 - 12
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,TABLEOFCONTENTS v v




1. Introduction to management accounting v v v




2. Relevant costs and benefits for decision making
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3. Cost–volume–profit analysis v




4. Full costingv




5. Costing and cost management in a competitive environment
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6. Budgeting

7. Accounting for control v v




8. Making capital investment decisions
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9. Managing risk v




10.Strategic management accounting: performance evaluation and pricing
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in a competitive environment
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11.Measuring divisional performancev v




12.Managing working capital v v

, SECTION A v




Authors’notetotutors v v v




Using the book v v




The book is designed to provide readers with a sound introduction to management accounting. It assumes
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no previous knowledge of the subject and recognises that students using it may come from a wide variety of
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backgrounds. The book, therefore, tries to avoid technical jargon and does not assume a high level of
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numerical ability from students. It has been class tested by students on various courses and we have
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modified and refined the material to take account of their comments. We have also taken account of the
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comments made by lecturers who used the first nine editions of the book and of specially commissioned
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reviews.
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The book aims to encourage an active approach to learning by providing activities and self-assessment
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questionsat appropriate points. This approach is designed to stimulate thought concerning particular issues
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andtogivethereaderstheopportunitytotesttheirunderstandingoftheprinciplescovered.
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The book is supplemented by a password-controlled lecturers’ website and a student website available to
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all readers.
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The structure of the book allows the tutor to deliver the subject in a number of ways. It can be used as
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recommended reading for a traditional course based on lectures and tutorials. There are critical review
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questions and exercises at the end of each chapter that can be used as the basis for tutorials. It could also
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provide the basis for a distance learning approach for part-time or off-campus students. For these students,
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the interactive nature of the book may be extremely useful where access to a tutor is restricted. The book can
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also be used as the basis for an open learning approach for full-time campus-based students. We have
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successfully used it in this way at the University of Plymouth Business School. Accounting ‘surgeries’
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have also been provided to give students the opportunity for one-to-one help with any problems they face.
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The book is appropriate for modules that are designed to be covered in 100 to 150 hours of study. For full-
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time students, this will often be covered in one academic year.
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PowerPointslides v




The diagrams in the book, along with other diagrams and materials, are available as PowerPoint slides to
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help in delivering lectures and tutorials and these can be downloaded from the lecturers’ website.
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Practice/assessmentmaterial v




The activities, whose solutions immediately follow them, and self-assessment questions, whose
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solutions are at the end of the book, form an integral part of it. In addition, there are various other
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, practice/assessment materials. At the end of each chapter there are four critical review questions. These v v v v v v v v v v v v v v




are short, narrative questions involving recall, explanation and brief discussion. The solutions to these are
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given at the end of the book. At the end of all chapters, except Chapter 1 (where there are two), there are eight
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exercises. These are questions, many involving calculations, which are similar in nature to examination-
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style questions. The solutions to five of these are given at the end of the book and are, therefore, accessible
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to students. Solutions to the other three are in the following pages of this manual and are not accessible to
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students.
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On the lecturers’ website, in addition to this Instructor’s Manual with solutions to selected end-of- chapter
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exercises there are:
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• Two progress tests with solutions. These tests comprise multiple-choice questions, missing- word
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questions and questions that are similar to the end-of-chapter exercises. One test corresponds to
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Chapters 1 to 5, and the other to Chapters 6 to 12.
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• Supplementaryquestions(10ofthem)withsolutions. v v v v v v




• Tutorial/seminarquestionswithsolutions. v v v




None of this material, exceptthecasestudy comments,isaccessible to students. On the
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vstudent website, there are five types of material: v v v v v v v




• Revisionexercises,similarinstyletotheend-of-chapterexercises,withsolutions. v v v v v v v v v v




• Multiple-choice questions, typically 10 for each chapter. These are intended to be tackled online, v v v v v v v v v v v v v




where they will be automatically graded.
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• Missing-word questions, typically 10 for each chapter. These too can be attempted and graded v v v v v v v v v v v v v




online.
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The multiple-choice questions and missing-word questions are intended to provide students with a quick
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assessment of their mastery of the material of each chapter.
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The solutions to all of this material, except to the multiple-choice and missing-word questions, are fully
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annotated in order to give the necessary feedback to students.
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We intend to expand the number and scope of the practice/assessment materials on a continuing basis.
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We hope that you and your students will find the book both accessible and interesting. We should much
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appreciate any suggestions you may have on how the book and supplementary material may be improved.
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Peter Atrill v




EddieMcLaney
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