100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Solutions Manual for Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapter's 1 - 17 | Complete CA$23.09   Add to cart
Quickly navigate to
Preview
  2.  
  3. Managerial Accounting 13th Edition By Hilton
  4.  
  5. Managerial Accounting 13th Edition by Hilton

Exam (elaborations)

Solutions Manual for Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapter's 1 - 17 | Complete
 25 views  0 purchase
  • Course
  • Managerial Accounting 13th Edition by Hilton
  • Institution
  • Managerial Accounting 13th Edition By Hilton
  • Book
  • Managerial Accounting

Solutions Manual for Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapter's 1 - 17 | Complete Managerial Accounting 13th edition 9781264100699 Chapter 1: The Changing Role of Managerial Accounting in a Dynamic Business Environment Chapte...

[Show more]

Preview 4 out of 906  pages

Document information

  • September 24, 2024
  • 906
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • 9781259969515
  • solutions manual for mana
  • solutions manual for managerial accounting creati
  • creating value in a dynamic busine
  • managerial accounting 13e hilton
  • solutions managerial accounting 13e hilton

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

  • TEST BANK for Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapters 1 - 17 | Complete Newest Version
  • TEST BANK for Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapters 1 - 17 | Complete Newest Version
  • TEST BANK For Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapter's 1 - 17 | Complete
All for this textbook (36)

Written for

  • Managerial Accounting 13th Edition by Hilton
  • Managerial Accounting 13th Edition by Hilton

Seller

avatar-seller
Smartdove

Reviews received

Content preview

1

,TesttBanktManaTest Bank Managerial Accounting: Creating Value in a
Dynamic Business Environment, 13th Edition by Ronald
HiltoneatingtValuetintatDynamictBusinesstEnvironment,t13thtEd
itiontbytRonaldtHilton


AppendixtIII
1) ThetEOQtmodeltistatmathematicalttooltfortdeterminingtthetordertquantitytthat:
A) maximizestthetcoststoftorderingtandtholdingtinventory.
B) equalstthetcoststoftorderingtandtholdingtinventory.
C) minimizestthetcoststoftorderingtandtholdingtinventory. AlltChapters
D) hastnoteffecttontthetcoststoftorderingtandtholdingtinventory.
E) nonetoftthesetanswerstaretcorrect.
AnswerstIncluded

2) Inventorytdecisionstinvolvetatdelicatetbalancetbetweentwhichtoftthetfollowingtclassestoftcos
ts?
A) Orderingtcosts,tadvertisingtcosts,tandtshippingtcosts
B) Advertisingtcosts,tholdingtcosts,tandtshortagetcosts
C) Orderingtcosts,tholdingtcosts,tandtshortagetcosts
D) Orderingtcosts,tshippingtcosts,tandtshortagetcosts
E) Shippingtcosts,tholdingtcosts,tandtshortagetcosts


3) Whichtonetoftthetfollowingtisttruetoftatjust-in-timet(JIT)tsystem?
A) JITtsystemtusestat“pull”tapproachttotcontrollingtmanufacturing
B) Inventorytoftrawtmaterialstandtpartstaretkepttastatbuffer
C) Inventorytoftpartiallytcompletedtpartstaretkepttastatbuffer
D) Finishedtgoodstaretkepttastatbuffer
E) Nonetoftthetanswerstaretcorrect



4) WhichtonetoftthetfollowingtisttruetoftEconomictOrdertQuantityt(EOQ)?
A) ThetEOQtapproachttakestthetviewtthattsometinventorytistnecessarytintorderttotopt
imizetthetordertquantity
B) Istcalculatestastthetsquaretroottoftthetfollowing:t(2t×tannualtrequirementt×tcosttpertord
er)t÷tannualtholdingtcosttpertunit
C) ThetgraphicaltapproachtistonetmethodtoftcalculatingtEOQ
D) Atmathematicalttooltfortdeterminingtthetordertquantitytthattminimizestthetcosttoftord
eringtandtholdingtinventory
E) Alltoftthetanswerstaretcorrect




2

,5) WhichtoftthetfollowingtistatwaytthattJITtefficienciestaretachieved?
A) Negotiatingtlong-termtsupplytagreements
B) Eliminatingtinspections
C) Reducingtthetnumbertoftvendors
D) Makingtlesstfrequenttpayments
E) Alltoftthetanswerstaretcorrect



6) Inventorytholdingtcoststtypicallytinclude:
A) clericaltcoststoftpurchase-ordertpreparation.
B) coststoftdeterioration,ttheft,tortspoilage.
C) coststassociatedtwithtlosttsalesttotcustomers.
D) forgonetinteresttontmoneyttiedtuptintinventory.
E) bothtcoststoftdeterioration,ttheft,tortspoilagetandtforgonetinteresttontmoneyttiedtuptintinv
entory.


7) Inventorytholdingtcoststwouldttypicallytincludetalltoftthetfollowingtexcept:
A) insurance.
B) theft.
C) transportation.
D) obsolescence.
E) warehousetrent.



8) Whichtoftthetfollowingtistclassifiedtastantinventorytshortagetcost?
A) Purchasetordertpreparation
B) Productiontdisruption
C) Losttsalestandtlosttcustomers
D) Spoilage
E) Bothtproductiontdisruptiontandtlosttsalestandtlosttcustomers



9) Atttheteconomictordertquantity:
A) totaltannualtinventorytcosts,tholdingtcosts,tandtorderingtcoststaretalltminimized.
B) totaltannualtinventorytcoststandtholdingtcoststaretminimized.
C) totaltannualtinventorytcoststaretminimized,tandtholdingtcoststequaltorderingtcosts.
D) totaltannualtinventorytcoststaretminimized,tandtholdingtcoststexceedtorderingtcosts.
E) totaltannualtinventorytcoststaretminimized,tandtorderingtcoststexceedtholdingtcosts.




3

, 10) LangdontEnterprisestusestanteconomictordertquantitytmodeltandthastdeterminedtantoptimaltord
ertsizetoft2,200tunits.tAnnualtdemandtist44,000tunits,torderingtcoststaret$60tpertorder,tandthold
ingtcoststaret$6tpertunit.tThetcompany'stannualtholdingtcoststtotal:
A) $13,200.
B) $14,400.
C) $485,200.
D) $265,200.
E) nonetoftthetanswerstistcorrect.



11) LangdontEnterprisestusestanteconomictordertquantitytmodeltandthastdeterminedtantoptimaltord
ertsizetoft500tunits.tAnnualtdemandtist10,000tunits,torderingtcoststaret$50tpertorder,tandtholding
tcoststaret$4tpertunit.tThetcompany'stannualtholdingtcoststtotal:

A) $2,000.
B) $3,000.
C) $21,000.
D) $41,000.
E) nonetoftthetanswerstistcorrect.



12) ReflectiontGraphicstusestatspecialtpurposetpapertont80%toftitstjobs.tThetpapertistpurchasedtint3
10-
sheettpackagestattatcosttoft$310tpertpackage.tManagementtestimatestthattthetcosttoftplacingtand
treceivingtattypicaltordertist$36,tandtthetannualtcosttoftcarryingtatpackagetintinventorytist$3.60.t

ReflectiontGraphicstusest4,700tpackagestoftpaperteachtyear.tProductiontistconstant,tandtthetlea
dttimettotreceivetantordertisttwotweek.
Theteconomictordertquantitytistapproximately:
Note:tRoundtyourtfinaltanswerttotthetnearesttwholetnumber.
A) 307tpackages.
B) 4,018tpackages.
C) 2,093tpackages.
D) 1,636tpackages.
E) 1,166tpackages.




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Smartdove. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$23.09. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$23.09
  • (0)
  Add to cart