MANAGERIAL ACCOUNTING

FINAL EXAM

FINAL EXAM FINAL EXAM

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FINAL EXAM.docx FINAL EXAM.docx 1

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EXAM 2

EXAM 2 EXAM 2

Page

EXAM 2 EXAM 2 1

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Take home solutions

Take home solutions Take home solutions

Page

Take home solutions Take home solutions 1

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Chapter 8: Standard Costs and Variances

Chapter 8: Standard Costs and Variances Chapter 8: Standard Costs and Variances

Assignment

Ch. 8, #1 WITH ANSWERS Ch. 8, #1 WITH ANSWERS 10 1

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Why It Matters Why It Matters 2

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8.1 Explain How and Why a Standard Cost Is Developed 8.1 Explain How and Why a Standard Cost Is Developed 3

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8.2 Compute and Evaluate Materials Variances 8.2 Compute and Evaluate Materials Variances 4

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8.3 Compute and Evaluate Labor Variances 8.3 Compute and Evaluate Labor Variances 5

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8.4 Compute and Evaluate Overhead Variances 8.4 Compute and Evaluate Overhead Variances 6

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8.5 Describe How Companies Use Variance Analysis 8.5 Describe How Companies Use Variance Analysis 7

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Key Terms Key Terms 8

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Summary Summary 9

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External Url

Multiple Choice Multiple Choice 10

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External Url

Questions Questions 11

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Exercise Set A Exercise Set A 12

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Exercise Set B Exercise Set B 13

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Problem Set A Problem Set A 14

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External Url

Problem Set B Problem Set B 15

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Thought Provokers Thought Provokers 16

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Chapter 7: Budgeting

Chapter 7: Budgeting Chapter 7: Budgeting

Assignment

Ch. 7, #3 Ch. 7, #3 10 1

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Assignment

Ch 7 #2 Ch 7 #2 10 2

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Assignment

Ch. 7 Assignment 1 WITH ANSWERS Ch. 7 Assignment 1 WITH ANSWERS 10 3

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External Url

Why It Matters Why It Matters 4

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External Url

7.1 Describe How and Why Managers Use Budgets 7.1 Describe How and Why Managers Use Budgets 5

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7.2 Prepare Operating Budgets 7.2 Prepare Operating Budgets 6

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7.3 Prepare Financial Budgets 7.3 Prepare Financial Budgets 7

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7.4 Prepare Flexible Budgets 7.4 Prepare Flexible Budgets 8

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7.5 Explain How Budgets Are Used to Evaluate Goals 7.5 Explain How Budgets Are Used to Evaluate Goals 9

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Key Terms Key Terms 10

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Summary Summary 11

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External Url

Multiple Choice Multiple Choice 12

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Questions Questions 13

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Exercise Set A Exercise Set A 14

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Exercise Set B Exercise Set B 15

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Problem Set A Problem Set A 16

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Problem Set B Problem Set B 17

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Thought Provokers Thought Provokers 18

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Chapter 6: Activity-Based, Variable, and Absorption Costing

Chapter 6: Activity-Based, Variable, and Absorption Costing Chapter 6: Activity-Based, Variable, and Absorption Costing

Assignment

Ch. 6. #3 WITH ANSWERS Ch. 6. #3 WITH ANSWERS 10 1

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Assignment

Ch. 6, #2 WITH ANSWERS Ch. 6, #2 WITH ANSWERS 10 2

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Assignment

Ch. 6, #1 WITH ANSWWERS Ch. 6, #1 WITH ANSWWERS 10 3

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Attachment

211 schedule.docx 211 schedule.docx 4

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External Url

Why It Matters Why It Matters 5

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External Url

6.1 Calculate Predetermined Overhead and Total Cost under the Traditional Allocation Method 6.1 Calculate Predetermined Overhead and Total Cost under the Traditional Allocation Method 6

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6.2 Describe and Identify Cost Drivers 6.2 Describe and Identify Cost Drivers 7

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6.3 Calculate Activity-Based Product Costs 6.3 Calculate Activity-Based Product Costs 8

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6.4 Compare and Contrast Traditional and Activity-Based Costing Systems 6.4 Compare and Contrast Traditional and Activity-Based Costing Systems 9

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6.5 Compare and Contrast Variable and Absorption Costing 6.5 Compare and Contrast Variable and Absorption Costing 10

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Key Terms Key Terms 11

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Summary Summary 12

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External Url

Multiple Choice Multiple Choice 13

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External Url

Questions Questions 14

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External Url

Exercise Set A Exercise Set A 15

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External Url

Exercise Set B Exercise Set B 16

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External Url

Problem Set A Problem Set A 17

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External Url

Problem Set B Problem Set B 18

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Thought Provokers Thought Provokers 19

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Attendance policy

Attendance policy Attendance policy

Page

Attendance policy Attendance policy 1

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Chapter 5: Process Costing

Chapter 5: Process Costing Chapter 5: Process Costing

Assignment

Take Home Exam submission Take Home Exam submission 200 1

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Page

EXAM 1 EXAM 1 2

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Assignment

Chapter 5, #3 WITH ANSWWERS Chapter 5, #3 WITH ANSWWERS 10 3

assignment 148368 1

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Assignment

Ch. 5 assignment, #2 WITH ANSWERS 1-7 Ch. 5 assignment, #2 WITH ANSWERS 1-7 10 4

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Assignment

Ch. 5, assignment 1 WITH ANSWERS Ch. 5, assignment 1 WITH ANSWERS 10 5

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External Url

Why It Matters Why It Matters 6

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5.1 Compare and Contrast Job Order Costing and Process Costing 5.1 Compare and Contrast Job Order Costing and Process Costing 7

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5.2 Explain and Identify Conversion Costs 5.2 Explain and Identify Conversion Costs 8

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5.3 Explain and Compute Equivalent Units and Total Cost of Production in an Initial Processing Stage 5.3 Explain and Compute Equivalent Units and Total Cost of Production in an Initial Processing Stage 9

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5.4 Explain and Compute Equivalent Units and Total Cost of Production in a Subsequent Processing Stage 5.4 Explain and Compute Equivalent Units and Total Cost of Production in a Subsequent Processing Stage 10

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5.5 Prepare Journal Entries for a Process Costing System 5.5 Prepare Journal Entries for a Process Costing System 11

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Key Terms Key Terms 12

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Summary Summary 13

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Multiple Choice Multiple Choice 14

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Questions Questions 15

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Exercise Set A Exercise Set A 16

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Exercise Set B Exercise Set B 17

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Problem Set A Problem Set A 18

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Problem Set B Problem Set B 19

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Thought Provokers Thought Provokers 20

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Chapter 4: Job Order Costing

Chapter 4: Job Order Costing Chapter 4: Job Order Costing

Assignment

Ch 4, Assignment 2 WITH ANSWERS Ch 4, Assignment 2 WITH ANSWERS 10 1

assignment 146110 1

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Assignment

Ch. 4, Assignment 1 WITH ANSWERS Ch. 4, Assignment 1 WITH ANSWERS 10 2

assignment 145663 1

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Why It Matters Why It Matters 3

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External Url

4.1 Distinguish between Job Order Costing and Process Costing 4.1 Distinguish between Job Order Costing and Process Costing 4

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4.2 Describe and Identify the Three Major Components of Product Costs under Job Order Costing 4.2 Describe and Identify the Three Major Components of Product Costs under Job Order Costing 5

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4.3 Use the Job Order Costing Method to Trace the Flow of Product Costs through the Inventory Accounts 4.3 Use the Job Order Costing Method to Trace the Flow of Product Costs through the Inventory Accounts 6

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4.4 Compute a Predetermined Overhead Rate and Apply Overhead to Production 4.4 Compute a Predetermined Overhead Rate and Apply Overhead to Production 7

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4.5 Compute the Cost of a Job Using Job Order Costing 4.5 Compute the Cost of a Job Using Job Order Costing 8

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4.6 Determine and Dispose of Underapplied or Overapplied Overhead 4.6 Determine and Dispose of Underapplied or Overapplied Overhead 9

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4.7 Prepare Journal Entries for a Job Order Cost System 4.7 Prepare Journal Entries for a Job Order Cost System 10

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4.8 Explain How a Job Order Cost System Applies to a Nonmanufacturing Environment 4.8 Explain How a Job Order Cost System Applies to a Nonmanufacturing Environment 11

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Key Terms Key Terms 12

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Summary Summary 13

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Multiple Choice Multiple Choice 14

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Questions Questions 15

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Exercise Set A Exercise Set A 16

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Exercise Set B Exercise Set B 17

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Problem Set A Problem Set A 18

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Problem Set B Problem Set B 19

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Thought Provokers Thought Provokers 20

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Chapter 3: Cost-Volume-Profit Analysis

Chapter 3: Cost-Volume-Profit Analysis Chapter 3: Cost-Volume-Profit Analysis

Assignment

Ch. 3, #2 WITH ANSWERS Ch. 3, #2 WITH ANSWERS 10 1

assignment 145391 1

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Assignment

Ch. 3, 1st assignment WITH ANSWERS Ch. 3, 1st assignment WITH ANSWERS 10 2

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External Url

Why It Matters Why It Matters 3

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3.1 Explain Contribution Margin and Calculate Contribution Margin per Unit, Contribution Margin Ratio, and Total Contribution Margin 3.1 Explain Contribution Margin and Calculate Contribution Margin per Unit, Contribution Margin Ratio, and Total Contribution Margin 4

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3.2 Calculate a Break-Even Point in Units and Dollars 3.2 Calculate a Break-Even Point in Units and Dollars 5

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3.3 Perform Break-Even Sensitivity Analysis for a Single Product Under Changing Business Situations 3.3 Perform Break-Even Sensitivity Analysis for a Single Product Under Changing Business Situations 6

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3.4 Perform Break-Even Sensitivity Analysis for a Multi-Product Environment Under Changing Business Situations 3.4 Perform Break-Even Sensitivity Analysis for a Multi-Product Environment Under Changing Business Situations 7

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3.5 Calculate and Interpret a Company’s Margin of Safety and Operating Leverage 3.5 Calculate and Interpret a Company’s Margin of Safety and Operating Leverage 8

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Key Terms Key Terms 9

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Summary Summary 10

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Multiple Choice Multiple Choice 11

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Questions Questions 12

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Exercise Set A Exercise Set A 13

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Exercise Set B Exercise Set B 14

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Problem Set A Problem Set A 15

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Problem Set B Problem Set B 16

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Thought Provokers Thought Provokers 17

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Chapter 2: Building Blocks of Managerial Accounting

Chapter 2: Building Blocks of Managerial Accounting Chapter 2: Building Blocks of Managerial Accounting

Assignment

Wednesday assignment (9/9) WITH ANSWERS Wednesday assignment (9/9) WITH ANSWERS 10 1

assignment 143460 1

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Assignment

Problem Set B WITH ANSWERS Problem Set B WITH ANSWERS 10 2

assignment 142401 1

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Assignment

Chapter 2 assignment WITH ANSWERS Chapter 2 assignment WITH ANSWERS 10 3

assignment 140561 1

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External Url

Why It Matters Why It Matters 4

external_url 138838 0

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External Url

2.1 Distinguish between Merchandising, Manufacturing, and Service Organizations 2.1 Distinguish between Merchandising, Manufacturing, and Service Organizations 5

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2.2 Identify and Apply Basic Cost Behavior Patterns 2.2 Identify and Apply Basic Cost Behavior Patterns 6

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External Url

2.3 Estimate a Variable and Fixed Cost Equation and Predict Future Costs 2.3 Estimate a Variable and Fixed Cost Equation and Predict Future Costs 7

external_url 138841 0

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External Url

Key Terms Key Terms 8

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External Url

Summary Summary 9

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External Url

Multiple Choice Multiple Choice 10

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External Url

Questions Questions 11

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External Url

Exercise Set A Exercise Set A 12

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External Url

Exercise Set B Exercise Set B 13

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External Url

Problem Set A Problem Set A 14

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External Url

Problem Set B Problem Set B 15

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External Url

Thought Provokers Thought Provokers 16

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Chapter 1: Accounting as a Tool for Managers

Chapter 1: Accounting as a Tool for Managers Chapter 1: Accounting as a Tool for Managers

Assignment

Chapter 1 assignment WITH ANSWERS Chapter 1 assignment WITH ANSWERS 10 1

assignment 139279 1

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External Url

Why It Matters Why It Matters 2

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External Url

1.1 Define Managerial Accounting and Identify the Three Primary Responsibilities of Management 1.1 Define Managerial Accounting and Identify the Three Primary Responsibilities of Management 3

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External Url

1.2 Distinguish between Financial and Managerial Accounting 1.2 Distinguish between Financial and Managerial Accounting 4

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External Url

1.3 Explain the Primary Roles and Skills Required of Managerial Accountants 1.3 Explain the Primary Roles and Skills Required of Managerial Accountants 5

external_url 138828 0

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1.4 Describe the Role of the Institute of Management Accountants and the Use of Ethical Standards 1.4 Describe the Role of the Institute of Management Accountants and the Use of Ethical Standards 6

external_url 138829 0

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1.5 Describe Trends in Today’s Business Environment and Analyze Their Impact on Accounting 1.5 Describe Trends in Today’s Business Environment and Analyze Their Impact on Accounting 7

external_url 138830 0

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External Url

Key Terms Key Terms 8

external_url 138831 0

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External Url

Summary Summary 9

external_url 138832 0

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External Url

Multiple Choice Multiple Choice 10

external_url 138833 0

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External Url

Questions Questions 11

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External Url

Exercise Set A Exercise Set A 12

external_url 138835 0

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External Url

Exercise Set B Exercise Set B 13

external_url 138836 0

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External Url

Thought Provokers Thought Provokers 14

external_url 138837 0

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13TH

13TH 13TH

Discussion Topic

13TH discussion questions 13TH discussion questions 1

discussion_topic 143900 0

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Chapter 9: Responsibility Accounting and Decentralization

Chapter 9: Responsibility Accounting and Decentralization Chapter 9: Responsibility Accounting and Decentralization

External Url

Why It Matters Why It Matters 1

external_url 139020 0

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External Url

9.1 Differentiate between Centralized and Decentralized Management 9.1 Differentiate between Centralized and Decentralized Management 2

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External Url

9.2 Describe How Decision-Making Differs between Centralized and Decentralized Environments 9.2 Describe How Decision-Making Differs between Centralized and Decentralized Environments 3

external_url 139023 0

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9.3 Describe the Types of Responsibility Centers 9.3 Describe the Types of Responsibility Centers 4

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9.4 Describe the Effects of Various Decisions on Performance Evaluation of Responsibility Centers 9.4 Describe the Effects of Various Decisions on Performance Evaluation of Responsibility Centers 5

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External Url

Key Terms Key Terms 6

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External Url

Summary Summary 7

external_url 139031 0

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External Url

Multiple Choice Multiple Choice 8

external_url 139033 0

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External Url

Questions Questions 9

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Exercise Set A Exercise Set A 10

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Exercise Set B Exercise Set B 11

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Problem Set A Problem Set A 12

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External Url

Problem Set B Problem Set B 13

external_url 139040 0

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Thought Provokers Thought Provokers 14

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Chapter 10: Short-Term Decision Making

Chapter 10: Short-Term Decision Making Chapter 10: Short-Term Decision Making

External Url

Why It Matters Why It Matters 1

external_url 139042 0

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10.1 Identify Relevant Information for Decision-Making 10.1 Identify Relevant Information for Decision-Making 2

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10.2 Evaluate and Determine Whether to Accept or Reject a Special Order 10.2 Evaluate and Determine Whether to Accept or Reject a Special Order 3

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10.3 Evaluate and Determine Whether to Make or Buy a Component 10.3 Evaluate and Determine Whether to Make or Buy a Component 4

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10.4 Evaluate and Determine Whether to Keep or Discontinue a Segment or Product 10.4 Evaluate and Determine Whether to Keep or Discontinue a Segment or Product 5

external_url 139047 0

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10.5 Evaluate and Determine Whether to Sell or Process Further 10.5 Evaluate and Determine Whether to Sell or Process Further 6

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10.6 Evaluate and Determine How to Make Decisions When Resources Are Constrained 10.6 Evaluate and Determine How to Make Decisions When Resources Are Constrained 7

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External Url

Key Terms Key Terms 8

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External Url

Summary Summary 9

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External Url

Multiple Choice Multiple Choice 10

external_url 139055 0

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External Url

Questions Questions 11

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Exercise Set A Exercise Set A 12

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External Url

Exercise Set B Exercise Set B 13

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Problem Set A Problem Set A 14

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Problem Set B Problem Set B 15

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Thought Provokers Thought Provokers 16

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Chapter 11: Capital Budgeting Decisions

Chapter 11: Capital Budgeting Decisions Chapter 11: Capital Budgeting Decisions

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Why It Matters Why It Matters 1

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11.1 Describe Capital Investment Decisions and How They Are Applied 11.1 Describe Capital Investment Decisions and How They Are Applied 2

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11.2 Evaluate the Payback and Accounting Rate of Return in Capital Investment Decisions 11.2 Evaluate the Payback and Accounting Rate of Return in Capital Investment Decisions 3

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11.3 Explain the Time Value of Money and Calculate Present and Future Values of Lump Sums and Annuities 11.3 Explain the Time Value of Money and Calculate Present and Future Values of Lump Sums and Annuities 4

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11.4 Use Discounted Cash Flow Models to Make Capital Investment Decisions 11.4 Use Discounted Cash Flow Models to Make Capital Investment Decisions 5

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11.5 Compare and Contrast Non-Time Value-Based Methods and Time Value-Based Methods in Capital Investment Decisions 11.5 Compare and Contrast Non-Time Value-Based Methods and Time Value-Based Methods in Capital Investment Decisions 6

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Key Terms Key Terms 7

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Summary Summary 8

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Multiple Choice Multiple Choice 9

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Questions Questions 10

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Exercise Set A Exercise Set A 11

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Exercise Set B Exercise Set B 12

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Problem Set A Problem Set A 13

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Problem Set B Problem Set B 14

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Thought Provokers Thought Provokers 15

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Chapter 12: Balanced Scorecard and Other Performance Measures

Chapter 12: Balanced Scorecard and Other Performance Measures Chapter 12: Balanced Scorecard and Other Performance Measures

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Why It Matters Why It Matters 1

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12.1 Explain the Importance of Performance Measurement 12.1 Explain the Importance of Performance Measurement 2

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12.2 Identify the Characteristics of an Effective Performance Measure 12.2 Identify the Characteristics of an Effective Performance Measure 3

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12.3 Evaluate an Operating Segment or a Project Using Return on Investment, Residual Income, and Economic Value Added 12.3 Evaluate an Operating Segment or a Project Using Return on Investment, Residual Income, and Economic Value Added 4

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12.4 Describe the Balanced Scorecard and Explain How It Is Used 12.4 Describe the Balanced Scorecard and Explain How It Is Used 5

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Key Terms Key Terms 6

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Summary Summary 7

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Multiple Choice Multiple Choice 8

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Questions Questions 9

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Exercise Set A Exercise Set A 10

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Exercise Set B Exercise Set B 11

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Problem Set A Problem Set A 12

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Problem Set B Problem Set B 13

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Thought Provokers Thought Provokers 14

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Chapter 13: Sustainability Reporting

Chapter 13: Sustainability Reporting Chapter 13: Sustainability Reporting

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Why It Matters Why It Matters 1

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13.1 Describe Sustainability and the Way It Creates Business Value 13.1 Describe Sustainability and the Way It Creates Business Value 2

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13.2 Identify User Needs for Information 13.2 Identify User Needs for Information 3

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13.3 Discuss Examples of Major Sustainability Initiatives 13.3 Discuss Examples of Major Sustainability Initiatives 4

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13.4 Future Issues in Sustainability 13.4 Future Issues in Sustainability 5

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Key Terms Key Terms 6

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Summary Summary 7

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Multiple Choice Multiple Choice 8

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Questions Questions 9

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Thought Provokers Thought Provokers 10

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Accessing Class Meetings, Recordings, and Office Hours

Accessing Class Meetings, Recordings, and Office Hours Accessing Class Meetings, Recordings, and Office Hours

Page

Accessing Classroom Meetings & Recorded Course Lectures Accessing Classroom Meetings & Recorded Course Lectures 2

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Additional Resources

Additional Resources Additional Resources

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Financial Statement Analysis Financial Statement Analysis 1

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Time Value of Money Time Value of Money 2

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Suggested Resources Suggested Resources 3

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Index Index 5

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Canvas: Overview and Resources for Students

Canvas: Overview and Resources for Students Canvas: Overview and Resources for Students

Page

Canvas: Getting Started Canvas: Getting Started 1

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Canvas: Helpful Tips Canvas: Helpful Tips 2

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Canvas: Additional Support Canvas: Additional Support 3

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