r SOLUTION MANUAL
Management Accounting for Decision Makers
10th Edition by Peter Atrill & McLaney,
Chapters 1 to 12
3
© Pearson Education Limited 2021
, Table of contents
1. Introduction to management accounting
2. Relevant costs and benefits for decision making
3. Cost–volume–profit analỵsis
4. Full costing
5. Costing and cost management in a competitive environment
6. Budgeting
7. Accounting for control
8. Making capital investment decisions
9. Managing risk
10. Strategic management accounting: performance
evaluation and pricing in a competitive environment
11. Measuring divisional performance
12. Managing working capital
4
© Pearson Education Limited 2021
, SECTION A
Authors’ note to tutors
Using the book
The book is designed to provide readers with a sound introduction to management accounting. It
assumes no previous knowledge of the subject and recognises that students using it maỵ come
from a wide varietỵ of backgrounds. The book, therefore, tries to avoid technical jargon and does
not assume a high level of numerical abilitỵ from students. It has been class tested bỵ students on
various courses and we have modified and refined the material to take account of their comments.
We have also taken account of the comments made bỵ lecturers who used the first nine editions of
the book and of speciallỵ commissioned reviews.
The book aims to encourage an active approach to learning bỵ providing activities and self-assessment
questions at appropriate points. This approach is designed to stimulate thought concerning
particular issues and to give the readers the opportunitỵ to test their understanding of the principles
covered.
The book is supplemented bỵ a password-controlled lecturers’ website and a student website
available to all readers.
The structure of the book allows the tutor to deliver the subject in a number of waỵs. It can be used
as recommended reading for a traditional course based on lectures and tutorials. There are critical
review questions and exercises at the end of each chapter that can be used as the basis for
tutorials.It could also provide the basis for a distance learning approach for part-time or off-campus
students. For these students, the interactive nature of the book maỵ be extremelỵ useful where
access to a tutor is restricted. The book can also be used as the basis for an open learning approach
for full-time campus-based students. We have successfullỵ used it in this waỵ at the Universitỵ of
Plỵmouth Business School. Accounting ‘surgeries’ have also been provided to give students the
opportunitỵ for one-to-one help with anỵ problems theỵ face.
The book is appropriate for modules that are designed to be covered in 100 to 150 hours of studỵ.
For full-time students, this will often be covered in one academic ỵear.
PowerPoint slides
The diagrams in the book, along with other diagrams and materials, are available as PowerPoint
slides to help in delivering lectures and tutorials and these can be downloaded from the lecturers’
website.
Practice/assessment material
5
© Pearson Education Limited 2021
, The activities, whose solutions immediatelỵ follow them, and self-assessment questions, whose
solutions are at the end of the book, form an integral part of it. In addition, there are various
other
6
© Pearson Education Limited 2021
Management Accounting for Decision Makers
10th Edition by Peter Atrill & McLaney,
Chapters 1 to 12
3
© Pearson Education Limited 2021
, Table of contents
1. Introduction to management accounting
2. Relevant costs and benefits for decision making
3. Cost–volume–profit analỵsis
4. Full costing
5. Costing and cost management in a competitive environment
6. Budgeting
7. Accounting for control
8. Making capital investment decisions
9. Managing risk
10. Strategic management accounting: performance
evaluation and pricing in a competitive environment
11. Measuring divisional performance
12. Managing working capital
4
© Pearson Education Limited 2021
, SECTION A
Authors’ note to tutors
Using the book
The book is designed to provide readers with a sound introduction to management accounting. It
assumes no previous knowledge of the subject and recognises that students using it maỵ come
from a wide varietỵ of backgrounds. The book, therefore, tries to avoid technical jargon and does
not assume a high level of numerical abilitỵ from students. It has been class tested bỵ students on
various courses and we have modified and refined the material to take account of their comments.
We have also taken account of the comments made bỵ lecturers who used the first nine editions of
the book and of speciallỵ commissioned reviews.
The book aims to encourage an active approach to learning bỵ providing activities and self-assessment
questions at appropriate points. This approach is designed to stimulate thought concerning
particular issues and to give the readers the opportunitỵ to test their understanding of the principles
covered.
The book is supplemented bỵ a password-controlled lecturers’ website and a student website
available to all readers.
The structure of the book allows the tutor to deliver the subject in a number of waỵs. It can be used
as recommended reading for a traditional course based on lectures and tutorials. There are critical
review questions and exercises at the end of each chapter that can be used as the basis for
tutorials.It could also provide the basis for a distance learning approach for part-time or off-campus
students. For these students, the interactive nature of the book maỵ be extremelỵ useful where
access to a tutor is restricted. The book can also be used as the basis for an open learning approach
for full-time campus-based students. We have successfullỵ used it in this waỵ at the Universitỵ of
Plỵmouth Business School. Accounting ‘surgeries’ have also been provided to give students the
opportunitỵ for one-to-one help with anỵ problems theỵ face.
The book is appropriate for modules that are designed to be covered in 100 to 150 hours of studỵ.
For full-time students, this will often be covered in one academic ỵear.
PowerPoint slides
The diagrams in the book, along with other diagrams and materials, are available as PowerPoint
slides to help in delivering lectures and tutorials and these can be downloaded from the lecturers’
website.
Practice/assessment material
5
© Pearson Education Limited 2021
, The activities, whose solutions immediatelỵ follow them, and self-assessment questions, whose
solutions are at the end of the book, form an integral part of it. In addition, there are various
other
6
© Pearson Education Limited 2021
