Managerial Accounting: Tools for Business Decision Making

by adminManagement

Managerial Accounting: Tools for Business Decision Making

Jerry J. Weygandt

Language: English

Pages: 768

ISBN: 1118096894

Format: PDF / Kindle (mobi) / ePub


This book does not Include Access code
Weygandt, Managerial Accounting, 6th Edition gives students the tools they need to succeed, whether as accountants or in other career paths. The authors present the fundamental concepts of managerial accounting in an easy-to-understand fashion in a decision-making framework for a one semester, undergraduate managerial accounting course.

  • With an expanded emphasis on student learning, Weygandt Managerial Accounting 6th Edition demonstrates how invaluable management accounting information is to business decision-making.
  • The author team of Weygandt, Kimmel, and Kieso provide students with pedagogy that helps develop decision-making skills, so students can be successful as future business professionals.
  • The decision making pedagogy, easy-to-understand writing style, and quality end of chapter material have been the hallmark features that have made Managerial Accounting, by Weygandt, Kimmel, and Kieso one of the most popular books for this course.
  • Real-World Emphasis - the authors continue the practice of using numerous examples from real-world companies in chapter openers and in the Management Insight boxes.
  • Accounting Across the Organization - gives students business context by showing how people, often in non-accounting functions, use accounting information to make decisions.
  • Expanded Emphasis Service Company - prepares students for work in the service industry market, and shows that accounting is relevant to both service and manufacturing companies.
  • Do IT! Exercises - teach students how to apply their knowledge quickly after they've learned it.
  • Comprehensive Homework Material - each chapter concludes with Self-Test Questions, Questions, Brief Exercises, Do IT! Review, Exercises, and Problems.
  • Broadening Your Perspective Section - is designed to help develop students' decision-making and critical thinking skills.

New to this Edition

  • Use of Current Designs (kayak-making company)-introduced in new Chapter 1 Feature Story, and is the basis for new Broadening Your Perspective problem- presents managerial accounting situations that are based on the operations of a real company.
  • People, Planet, and Profit Insight Boxes, featuring sustainability approaches of real companies.
  • New Broadening Your Perspective problem: Considering People, Planet, and Profit, which requires students to consider examples of real cases, such as the costs associated with an oil-refinery accident versus the costs of improving safety/work conditions.
  • New Wiley Managerial Accounting Videos use real, successful companies to demonstrate and reinforce managerial accounting concepts.
  • New easy-to-read spreadsheet illustrations improve readability as well as comparability to Excel.
  • Bloom's taxonomy codes added to Brief Exercises, Do it! Review, Exercises and Problems, for quick assessment categorization.
  • Updated End-of-chapter homework material.

Management Challenges for the 21st Century

Investing in the Renewable Power Market: How to Profit from Energy Transformation

Foundations of IT Service Management: based on ITIL (English version)

Your Accomplishments Are Suspiciously Hard to Verify

Your Best Just Got Better: Work Smarter, Think Bigger, Make More

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of units, batches, or products. Companies may achieve greater accuracy in overhead cost allocation by recognizing these four different levels of activities and, from them, developing specific activity cost pools and their related cost drivers. Illustration 4-13 graphically displays this four-level activity hierarchy, along with the types of activities and examples of cost drivers for those activities at each level. Illustration 4-13 Hierarchy of activity levels Four Levels Unit-Level.

Chapters, provide key numbers to confirm that you are on the right track in your computations. (a) DM $75,000 DL $53,000 MO $20,100 PC $25,100 Classify manufacturing costs into different categories and compute the unit cost. (LO 3, 4), AP 38 1 Managerial Accounting Raw materials cost for an audio system will total $74 per unit. Workers on the production lines are on average paid $12 per hour. An audio system usually takes 5 hours to complete. In addition, the rent on the equipment used to.

Manufacturing overhead is less than applied, manufacturing overhead is overapplied. USING THE For Karr Company, the predetermined overhead rate is 140% of direct labor cost. During the month, Karr incurred $90,000 of factory labor costs, of which $80,000 is direct labor and $10,000 is indirect labor. Actual overhead incurred was $119,000. Compute the amount of manufacturing overhead applied during the month. Determine the amount of under- or overapplied manufacturing overhead. Solution.

Inventory $7,000. (c) debit Finished Goods Inventory $4,500 and credit Work in Process Inventory $4,500. (d) debit Accounts Receivable $7,000 and credit Sales Revenue $7,000. At the end of an accounting period, a company using a job order cost system calculates the cost of goods manufactured: (a) from the job cost sheet. (b) from the Work in Process Inventory account. (c) by adding direct materials used, direct labor incurred, and manufacturing overhead incurred. (d) from the Cost of Goods Sold.

Summarizes them in a job cost sheet. A process cost system summarizes costs in a production cost report for each department. 3. The point at which costs are totaled. A job order cost system totals costs when the job is completed. A process cost system totals costs at the end of a period of time. 4. Unit cost computations. In a job order cost system, the unit cost is the total cost per job divided by the units produced. In a process cost system, the unit cost is total manufacturing costs for the.

Download sample

Download