Solution manual for managerial accounting creating value in a dynamic business environment 13th edition by Ronald W. Hilton and David Platt All Chapters 1-17 Covered

Solution manual

managerial accounting creating value in a dynamic
business environment 13th edition by Ronald W. Hilton and
David Platt All Chapters 1-17 Covered

,TABLE OF CONTENT
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ChapterU1:UTheUChangingURoleUofUManagerialUAccountingUinUaUDynamicUBusinessUEnviron

ment

ChapterU2:UBasicUCostUManagementUConcepts

ChapterU3:UProductUCostingUandUCostUAccumulationUinUaUBatchUProductionUEnvironment

ChapterU4:UProcessUCostingUandUHybridUProduct-CostingUSystems

ChapterU5:UActivity-BasedUCostingUandUManagement

ChapterU6:UActivityUAnalysis,UCostUBehavior,UandUCostUEstimation

ChapterU7:UCost-Volume-ProfitUAnalysis

ChapterU8:UVariableUCostingUandUtheUMeasurementUofUESGUandUQualityUCosts

ChapterU9:UFinancialUPlanningUandUAnalysis:UTheUMasterUBudget

ChapterU10:UStandardUCostingUandUAnalysisUofUDirectUCosts

ChapterU11:UFlexibleUBudgetingUandUtheUManagementUofUOverheadUandUSupportUActivityU

Costs

ChapterU12:UResponsibilityUAccountingUandUtheUBalancedUScorecard

ChapterU13:UInvestmentUCentersUandUTransferUPricing

ChapterU14:UDecisionUMaking:URelevantUCostsUandUBenefits

ChapterU15:UTargetUCostingUandUCostUAnalysisUforUPricingUDecisions

ChapterU16:UCapitalUExpenditureUDecisions

ChapterU17:UAllocationUofUSupportUActivityUCostsUandUJointUCosts

,Managerial Accounting Creating Value in a Dynamic Business E
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nvironment 13e Hilton U U




Chapter 1-17 With Appendix (I II III)
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CHAPTER 1 U




The Crucial Role of Managerial Accounting in a Dynamic Business Environment
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FOCUS ON ETHICS (Located before the Chapter Summary in the text.)
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The focus-on-
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ethics inset for Chapter 1 is the IMA Statement of Ethical Professional Practice. In
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structors can use this list of ethical principles and standards to lead a class dis
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cussion. The discussion can also range to consideration of how these standards
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may have been violated by accountants and managers involved in the various ethi
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cal scandals uncovered over the past several years. It is also useful to discuss the
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pros and cons of the procedures for ―Resolving Ethical Issues‖ that IMA suggests
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Ufor its members when they believe they know about ethical lapses in their organiz
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ations.

We also introduce here the connection to the ―Ethics Unwrapped‖ video series t
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hat can supplement the discussion of ethics in the context of each chapter. In eac
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h chapter of the text, we have suggested topic videos in the series that align with
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that chapter. Discussion guidance and questions relating to the videos can be found
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on the ―Ethics Unwrapped‖ site at the URL provided. This resource is provided by
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permission from the University of Texas at Austin, McCombs School of Business.
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ANSWERS TO REVIEW QUESTIONS U U U



1-1 The explosion in e- U U U


commerce will affect managers in significant ways. One effect will be a drastic
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reduction in paperwork. Millions of transactions between businesses are co
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nducted electronically with no hard- U U U U


copy documentation. Along with this method of communicating for business tr
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ansactions comes the very significant issue of information security. Businesses
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need to find ways to protect confidential information in their own computers, i
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n cloud computing data centers, and while moving across the internet, while at
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, Uthe same time sharing the information necessary to complete transactions. A
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nother effect of e-
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commerce is the dramatically increased speed with which business transacti
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ons can be conducted. In addition, there will be dramatic changes in the w
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ay managerial accounting procedures are carried out, one example
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