100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
Solutions for Managerial Accounting for Managers, 6th Edition by Eric Noreen 27,80 €   Añadir al carrito

Examen

Solutions for Managerial Accounting for Managers, 6th Edition by Eric Noreen

2 reseñas
 401 vistas  14 veces vendidas
  • Grado
  • Managerial Accounting
  • Institución
  • Managerial Accounting

Complete Solutions Manual for Managerial Accounting for Managers, 6th Edition 6e by Eric Noreen, Peter Brewer and Ray Garrison. ISBN-13: 0590 Full Chapters Solutions Manual Chapter 1: Managerial Accounting and Cost Concepts Chapter 2: Cost‐Volume‐Profit Relationships Chapter 3: Job‐...

[Mostrar más]

Vista previa 1 fuera de 941  páginas

  • 19 de julio de 2023
  • 941
  • 2022/2023
  • Examen
  • Preguntas y respuestas
  • Managerial Accounting
  • Managerial Accounting

2  reseñas

review-writer-avatar

Por: lex_on_line • 9 meses hace

reply-writer-avatar

Por: StepsSol • 8 meses hace

Thanks for your honest review. Good luck. Keep visiting us for more educational stuff.

review-writer-avatar

Por: huternucci • 1 año hace

reply-writer-avatar

Por: StepsSol • 1 año hace

Thanks for your honest review. Good luck. Keep visiting us for more educational stuff.

avatar-seller
Chapter 1
Managerial Accounting and Cost Concepts

Questions

1-1 The three major types of product costs 1-4
in a manufacturing company are direct a. Variable cost: The variable cost per unit is
materials, direct labor, and manufacturing constant, but total variable cost changes in
overhead. direct proportion to changes in volume.
b. Fixed cost: The total fixed cost is constant
1-2 within the relevant range. The average fixed
a. Direct materials are an integral part of a cost per unit varies inversely with changes
finished product and their costs can be in volume.
conveniently traced to it. c. Mixed cost: A mixed cost contains both
b. Indirect materials are generally small variable and fixed cost elements.
items of material such as glue and nails. They
may be an integral part of a finished product but 1-5
their costs can be traced to the product only at a. Unit fixed costs decrease as the activity level
great cost or inconvenience. increases.
c. Direct labor consists of labor costs that b. Unit variable costs remain constant as the
can be easily traced to particular products. activity level increases.
Direct labor is also called “touch labor.” c. Total fixed costs remain constant as the
d. Indirect labor consists of the labor costs activity level increases.
of janitors, supervisors, materials handlers, and d. Total variable costs increase as the activity
other factory workers that cannot be level increases.
conveniently traced to particular products.
These labor costs are incurred to support 1-6
production, but the workers involved do not a. Cost behavior: Cost behavior refers to the
directly work on the product. way in which costs change in response to
e. Manufacturing overhead includes all changes in a measure of activity such as
manufacturing costs except direct materials and sales volume, production volume, or orders
direct labor. Consequently, manufacturing processed.
overhead includes indirect materials and indirect b. Relevant range: The relevant range is the
labor as well as other manufacturing costs. range of activity within which assumptions
about variable and fixed cost behavior are
1-3 A product cost is any cost involved in valid.
purchasing or manufacturing goods. In the case
of manufactured goods, these costs consist of 1-7 An activity base is a measure of
direct materials, direct labor, and manufacturing whatever causes the incurrence of a variable
overhead. A period cost is a cost that is taken cost. Examples of activity bases include units
directly to the income statement as an expense produced, units sold, letters typed, beds in a
in the period in which it is incurred. hospital, meals served in a cafe, service calls
made, etc.

1-8 The linear assumption is reasonably
valid providing that the cost formula is used only
within the relevant range.




Solutions Manual, Chapter 1 1

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

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.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

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

Will I be stuck with a subscription?

No, you only buy this summary for 27,80 €. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

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

Empieza a vender

Vistos recientemente


27,80 €  14x  vendido
  • (2)
  Añadir