Managerial Accounting, Study Guide / Edition 1

Managerial Accounting, Study Guide / Edition 1

by James Jiambalvo, Patricia Mounce, Jessica Johnson{ Frazier
     
 

ISBN-10: 0471283495

ISBN-13: 9780471283492

Pub. Date: 11/28/2000

Publisher: Wiley

A brief, focused look at managerial accounting that stresses what readers need as managers. This unique package is comprised of a text, CD, and web site that work seamlessly together. The concise and innovative text focuses on two key ideas, the importance of incremental analysis in decision-making and performance measurement.

Overview

A brief, focused look at managerial accounting that stresses what readers need as managers. This unique package is comprised of a text, CD, and web site that work seamlessly together. The concise and innovative text focuses on two key ideas, the importance of incremental analysis in decision-making and performance measurement.

Product Details

ISBN-13:
9780471283492
Publisher:
Wiley
Publication date:
11/28/2000
Edition description:
Study Guide
Pages:
208
Product dimensions:
8.48(w) x 10.84(h) x 0.47(d)

Table of Contents

Chapter 1Introduction to Managerial Accounting1
Goal of Managerial Accounting2
Cost Terms Used in Discussing Planning, Control, and Decision Making7
Two Key Ideas in Managerial Accounting10
The Controller as the Top Management Accountant13
Summary of Learning Objectives15
Key Terms16
Self-Assessment16
Interactive Learning17
Questions18
Exercises18
Problems20
Case25
Chapter 2Manufacturing Costs and Job-Order Costing Systems27
Cost Classifications for Manufacturing Firms28
Product Cost Information in Financial Reporting and Decision Making32
Balance Sheet Presentation of Product Costs33
Flow of Product Costs in Accounts34
Income Statement Presentation of Product Costs34
Types of Costing Systems36
Overview of Job Costs and Financial Statement Accounts38
Job-Order Costing System39
Using Job Cost Information at Eastlake Motorboat45
Relation Between the Costs of Jobs and the Flow of Costs in Work in Process, Finished Goods, and Cost of Goods Sold47
Allocating Overhead to Jobs: A Closer Look48
Job-Order Costing For Service Companies51
Changes in Manufacturing Practices and Product Costing Systems52
Summary of Learning Objectives57
Key Terms58
Self-Assessment58
Interactive Learning60
Questions60
Exercises61
Problems64
Cases71
Chapter 3Process Costing75
Difference Between Job-Order and Process Costing Systems76
Product and Cost Flows78
Calculating Unit Costs81
Calculating and Applying Cost Per Equivalent Unit: Mixing Department Example83
Production Cost Report85
Basic Steps in Process Costing: A Summary87
Answering Stacy's Questions87
Dealing with Transferred-in Cost: Packaging Department Example88
Summary of Learning Objectives90
Key Terms91
Self-Assessment91
Interactive Learning92
Questions92
Exercises93
Problems95
Case100
Chapter 4Cost-Volume-Profit Analysis105
Common Cost Behavior Patterns106
Cost Estimation Methods108
Cost-Volume-Profit Analysis116
Multiproduct Analysis119
Assumptions in C-V-P Analysis123
Code Connect Example Revisited124
Operating Leverage125
Constraints126
Summary of Learning Objectives127
AppendixVariable and Full Costing128
Key Terms133
Self-Assessment133
Interactive Learning134
Questions135
Exercises135
Problems141
Cases148
Chapter 5Cost Allocation and Activity-Based Costing153
Purposes of Cost Allocation154
Process of Cost Allocation158
Allocating Service Department Costs161
Problems with Cost Allocation163
Activity-Based Costing168
Activity-Based Management (ABM)176
Remember: You Get What You Measure!177
Summary of Learning Objectives178
Key Terms179
Self-Assessment179
Interactive Learning180
Questions181
Exercises181
Problems186
Cases192
Chapter 7Capital Budgeting Decisions240
Capital Budgeting Decisions241
Evaluating Investment Opportunities: Time Value of Money Approaches243
Estimating the Required Rate of Return250
Additional Cash Flow Consideration252
Cash Flows, Taxes, and the Depreciation Tax Shield252
Simplified Approaches to Capital Budgeting255
Conflict Between Performance Evaluation and Capital Budgeting257
Wilson Air Revisited258
Summary of Learning Objectives260
Appendix AThe Internal Rate of Return with Unequal Cash Flows261
Appendix BCriticisms of Time Value of Money Approaches to Evaluating Investments262
Appendix CPresent Value Tables267
Key Terms268
Self-Assessment268
Interactive Learning269
Questions270
Exercises270
Problems273
Cases280

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >