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SOLUTION MANUAL Horngren's Accounting, 13th Edition Managerial by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9 covered $21.49
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SOLUTION MANUAL Horngren's Accounting, 13th Edition Managerial by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9 covered

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SOLUTION MANUAL Horngren's Accounting, 13th Edition Managerial by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9 covered SOLUTION MANUAL Horngren's Accounting, 13th Edition Managerial by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9 covered SOLUTION MANUAL Horngren's Accoun...

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  • October 12, 2024
  • 953
  • 2024/2025
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SOLUTION MANUAL
Horngren's Accounting, 13th Edition Managerial
by Tracie Miller-Nobles, Brenda Mattison,
All Chapter 1-9

,THE MANAGERIAL CHAPTERS
c c




1. Introduction to Managerial Accounting
c c c




2. Job Order Costing
c c




3. Process Costingc




4. Cost-Volume-Profit Analysis c




5. Master Budgets
c




6. Flexible Budgets and Standard Cost Systems
c c c c c




7. Cost Allocation and Responsibility Accounting
c c c c




8. Short-Term Business Decisions
c c




9. Capital Investment Decisions
c c

,Chapter 1 c


Introduction to Managerial Accounting
c c c




Review Questions
c




1. Thecprimarycpurposecofcmanagerialcaccountingcisctocprovidecinformationctochelpcmanagerscplan,c
direct,ccontrol,candcmakecdecisions.

2. Financialcaccountingcandcmanagerialcaccountingcdifferconcthecfollowingc6cdimensions:c(1)cprimarycu
sers,c(2)cpurposecofcinformation,c(3)cfocuscandctimecdimensioncofcthecinformation,c(4)crulescandcrest
rictions,c(5)cscopecofcinformation,candc(6)cbehavioral.

3. Linecpositionscarecdirectlycinvolvedcincprovidingcgoodscorcservicesctoccustomers.cStaffcpositionscs
upportclinecpositions.

4. Planningcmeanscchoosingcgoalscandcdecidingchowctocachievecthem.cDirectingcinvolvescrunningcthecda
y-to-
daycoperationscofcacbusiness.cControllingciscthecprocesscofcmonitoringcoperationscandckeepingcthecco
mpanyconctrack.

5. ThecfourcIMAcstandardscofcethicalcpracticecandcacdescriptioncofceachcfollow.
I. Competence.
Maintaincancappropriateclevelcofcprofessionalcleadershipcandcexpertisecbycenhancin
gcknowledgecandcskills.
Performcprofessionalcdutiescincaccordancecwithcrelevantclaws,cregulations,candctechnica
lcstandards.
Providecdecisioncsupportcinformationcandcrecommendationscthatcarecaccurate,cclear,cconcis
e,candctimely.
Recognisecandchelpcmangecrisk.
II. Confidentiality.
Keepcinformationcconfidentialcexceptcwhencdisclosureciscauthorizedcorclegallycrequired.
Informcallcrelevantcpartiescregardingcappropriatecusecofcconfidentialcinformation.c Monitorct
ocensureccompliance.
Refraincfromcusingcconfidentialcinformationcforcunethicalcorcillegalcadvantage.
III. Integrity.
Mitigatecactualcconflictscofcinterest.cRegularlyccommunicatecwithcbusinesscassociatesctocavoidc
apparentcconflictscofcinterest.ccAdvisecallcpartiescofcanycpotentialcconflicts.
Refraincfromcengagingcincanycconductcthatcwouldcprejudiceccarryingcoutcdutiescethically.

, Abstaincfromcengagingcincorcsupportingcanycactivitycthatcmightcdiscreditcthecprofession.
Contributectocacpositivecethicalcculturecandcplacecintegritycofcthecprofessioncabovecpersona
lcinterest.
5,ccont.
IV. Credibility.
Communicatecinformationcfairlycandcobjectively.
Providecallcrelevantcinformationcthatccouldcreasonablycbecexpectedctocinfluencecancintende
dcuser’scunderstandingcofcthecreports,canalyses,corcrecommendations.
Reportcanycdelayscorcdeficienciescincinformation,ctimeliness,cprocessing,corcinternalccontrolsci
ncconformancecwithcorganizationcpolicycand/orcapplicableclaw.
Communicatecanycprofessionalclimitationscorcothercconstraintscthatcwouldcprecludecresponsi
-cblecjudgmentcorcsuccessfulcperformancecofcancactivity.

6. Serviceccompaniescsellctime,cskills,candcknowledge.c Examplescofcserviceccompaniescincludecphonecs
erviceccompanies,cbanks,ccleaningcserviceccompanies,caccountingcfirms,clawcfirms,cmedicalcphysicia
ns,candconlinecauctioncservices.

7. Merchandisingccompaniescresellcproductsctheycbuycfromcsuppliers.cMerchandisersckeepcancinventoryc
ofcproducts,candcmanagerscarecaccountablecforcthecpurchasing,cstorage,candcsalecofcthecproducts.cExa
mplescofcmerchandisingccompaniescincludectoycstores,cgrocerycstores,candcclothingcstores.

8. Merchandisingccompaniescresellcproductsctheycpreviouslycboughtcfromcsuppliers,cwhereascmanufact
uringccompaniescuseclabor,cequipment,csupplies,candcfacilitiesctocconvertcrawcmaterialscintocnewcfinis
hedcproducts.cInccontrastctocmerchandisingccompanies,cmanufacturingccompanieschavecacbroadcran
gecofcproductioncactivitiescthatcrequirectrackingccostsconcthreeckindscofcinventory.

9. ThecthreecinventorycaccountscusedcbycmanufacturingccompaniescarecRawcMaterialscInventory,cWork-
cin-ProcesscInventory, candcFinishedcGoodscInventory.




RawcMaterialscInventorycincludescmaterialscusedctocmanufacturecacproduct.cWork-in-
ProcesscInventorycincludescgoodscthatchavecbeencstartedcincthecmanufacturingcprocesscbutcarecnotcye
tccomplete.c FinishedcGoodscInventorycincludesccompletedcgoodscthatchavecnotcyetcbeencsold.

10. Acdirectccostciscaccostcthatccancbeceasilycandccost-
effectivelyctracedctocaccostcobjectc(whichciscanythingcforcwhichcmanagerscwantcacseparatecmeasure
mentcofccost).cAncindirectccostciscaccostcthatccannotcbeceasilycorccost-
effectivelyctracedctocaccostcobject.

11. Thecthreecmanufacturingccostscforcacmanufacturingccompanycarecdirectcmaterials,cdirectclabor,candc
manufacturingcoverhead.cDirectcmaterialscarecmaterialscthatcbecomecacphysicalcpartcofcacfinishedcpr
oductcandcwhoseccostscareceasilyctraceablectocthecfinishedcproduct.c Directclaborcisctheclaborccostcofcth

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