Solution Manual for Managerial Accounting An Introduction to Concepts, Methods and Uses, 11th Edition

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Product details:

  • ISBN-10 ‏ : ‎ 1111571260
  • ISBN-13 ‏ : ‎ 978-1111571269
  • Author: Michael W. Maher; Clyde P. Stickney

This classic MBA text balances managerial accounting coverage with a strong emphasis on management decision-making. Core managerial accounting concepts are combined with the latest cutting-edge material important to today’s managers and decision makers. International issues within today’s globalized business environment, the strategic effects of decisions, a focus on ethics that reflects this area of increasing scrutiny, and emphasis on new management accounting trends are highlighted. Numerous realistic examples and application problems emphasize process improvement and the integration of financial reporting issues for management decision-making. Managerial accounting tools help users understand the emerging service sector, government, and nonprofit organizations for ongoing business success.

Table of contents:

Preface v
Part 1 Overview and Basic Concepts 1
Chapter 1 Fundamental Concepts 2
Managerial Application: Why Managers Need Cost Information 4
Managerial Application: J & J’s Credo 11
Chapter 2 Measuring Product Costs 36
Managerial Application: Using the Basic Cost Flow Equation to Detect Fraud 41
Chapter 3 Activity-Based Management 84
Managerial Application: Identifying Unused Capacity in the Recovery Room 100
Managerial Application: Impact of ABC on Shareholder Value 104
Part 2 Managerial Decision Making 127
Chapter 4 Strategic Management of Costs, Quality, and Time 128
Managerial Application: Firestone Blows It 137
Managerial Application: Reducing Delivery Time to Gain a Competitive Advantage 143
Chapter 5 Cost Drivers and Cost Behavior 156
Managerial Application: United Airlines Uses Regression to Estimate Cost Behavior 179
Chapter 6 Financial Modeling for Short-Term Decision Making 206
Managerial Application: Calculating Break-Even Points for a Brewpub 220
Chapter 7 Differential Cost Analysis for Marketing Decisions 250
Managerial Application: Pricing Practices in Various Countries 258
Managerial Application: A Target Costing Challenge in Forest Products 259
Chapter 8 Differential Cost Analysis for Production Decisions 276
Chapter 9 Capital Expenditure Decisions 316
Managerial Application: Environmental Investments 319
Managerial Application: Investing in Improved Technology 329
Part 3 Motivating Managers to Make Good Decisions 351
Chapter 10 Profit Planning and Budgeting 352
Managerial Application: Honesty in Managerial Reporting 357
Managerial Application: Developing Master Budgets Throughout the World 360
Managerial Application: Using the Internet for Budgeting 369
Chapter 11 Profit Center Performance Evaluation 404
Managerial Application: Does Effective Total Quality Management Require Nontraditional Performance Measures? 418
Chapter 12 Cost Center Performance Evaluation 438
Managerial Application: An Antidote to Biased Standards: How Workers Develop Their Own Standards at NUMMI 444
Chapter 13 Investment Center Performance Evaluation 482
Managerial Application: Just-In-Time Production in Japan and the Internal Revenue Service in the United States 494
Managerial Application: Does Economic Value Added Beat Earnings? 502
Chapter 14 Incentive Issues 524
Managerial Application: Conflicts in an Incentive Compensation Plan 527
Managerial Application: Cost Management in Action: Why Hewlett-Packard Now Manages Suppliers Instead of Overhead 533
Managerial Application: Does Customer Satisfaction Pay Off? 535
Managerial Application: Successfully Implementing the Balanced Scorecard: The FMC Experience 537
Managerial Application: Software Company’s Stock Tanks after Premature Revenue Recognition Disclosed 545
Chapter 15 Allocating Costs to Responsibility Centers 560
Managerial Application: Allocating Corporate Costs to Retail Stores 562
Appendix Compound Interest Examples and Applications 590
Compound Interest and Annuity Tables 609
Glossary 615
Index 705

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