100% tevredenheidsgarantie Direct beschikbaar na je betaling Lees online óf als PDF Geen vaste maandelijkse kosten
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
Solution Manual For Managerial Accounting 8th Edition By John Wild, Ken Shaw, Barbara Chiappetta €17,66
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. Solution Manual For Managerial Accounting 8th Ed
  4.  
  5. Solution Manual For Managerial Accounting 8th Ed

Tentamen (uitwerkingen)

Solution Manual For Managerial Accounting 8th Edition By John Wild, Ken Shaw, Barbara Chiappetta

1 beoordeling
 1 keer verkocht
  • Vak
  • Solution Manual For Managerial Accounting 8th Ed
  • Instelling
  • Solution Manual For Managerial Accounting 8th Ed
  • Boek
  • Financial and Managerial Accounting

Solution Manual For Managerial Accounting 8th Edition By John Wild, Ken Shaw, Barbara Chiappetta

Voorbeeld 4 van de 736  pagina's

Document informatie

  • 17 april 2024
  • 736
  • 2023/2024
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • solution manual for managerial accounting 8th edit

Gekoppeld boek

book image

Titel boek:

Auteur(s):

  • Uitgave:
  • ISBN:
  • Druk:

Geschreven voor

  • Solution Manual For Managerial Accounting 8th Ed
  • Solution Manual For Managerial Accounting 8th Ed

1  beoordeling

review-writer-avatar

Door: diansappleid • 3 weken geleden

Verkoper

avatar-seller
Nursedocs

Ontvangen beoordelingen

Voorbeeld van de inhoud

Wild and Shaw, Managerial Accounting 8e Solutions Manual: Chapter 1




Chapter 1
Managerial Accounting Concepts
and Principles
N
QUICK STUDIES
U
Quick Study 1-1 (5 minutes)
1. Its primary users are company managers ............................... Managerial
R
2. Its information is often available only after an audit is complete .. Financial
3. Its primary focus is on the organization as a whole ............... Financial
SE
4. Its principles and practices are relatively flexible .................. Managerial
5. It focuses mainly on past results .............................................. Financial


Quick Study 1-2 (10 minutes)
D
1. Indirect cost
2. Direct cost
3. Indirect cost
O
4. Indirect cost
5. Direct cost
C
Quick Study 1-3 (10 minutes)
1. Direct materials
S
2. Factory overhead
3. Direct labor
4. Factory overhead
5. Factory overhead
6. Direct materials




1
Copyright © 2022 by McGraw Hill.
All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill.

, Wild and Shaw, Managerial Accounting 8e Solutions Manual: Chapter 1



Quick Study 1-4 (10 minutes)

1. Product cost
2. Period cost
3. Product cost
4. Period cost
5. Product cost
6. Period cost
7. Period cost
N
8. Product cost
U
Quick Study 1-5 (10 minutes)
R
1. Prime cost
2. Conversion cost (Glue is an indirect material)
3. Both
SE
4. Conversion cost
5. Conversion cost
6. Prime cost
D
Quick Study 1-6 (10 minutes)
Ending work in process inventory is computed as:
O
Work in process inventory, beginning ..............................................
$ 26,000

Direct materials used ......................................................................
74,000
C
Direct labor used .............................................................................
55,000
Factory overhead ............................................................................
95,000
S
Total manufacturing costs .............................................................
224,000
Total cost of work in process .............................................................
250,000
Less cost of goods manufactured .....................................................
220,000
Work in process inventory, ending ....................................................
$ 30,000




2
Copyright © 2022 by McGraw Hill.
All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill.

, Wild and Shaw, Managerial Accounting 8e Solutions Manual: Chapter 1



Quick Study 1-6 (continued)
Alternative calculation using T-account:
Work in Process Inventory
Beginning 26,000
Direct materials 74,000
Direct labor 55,000
Factory overhead 95,000
220,000 COGM
Ending 30,000
N
Quick Study 1-7 (10 minutes)

Cost of goods sold is computed as:
U
Finished goods inventory, beginning ................................................
$ 500
Cost of goods manufactured ..............................................................
4,000
R
Goods available for sale .....................................................................
4,500
Less finished goods inventory, ending .............................................
700
SE
Cost of goods sold ..............................................................................
$3,800


Quick Study 1-8 (10 minutes)
D
Finished goods inventory, beginning .........................................
$ 345,000
Cost of goods manufactured .......................................................
918,000
Goods available for sale ..............................................................
1,263,000
O
Less finished goods inventory, ending ......................................
283,000
$ 980,000
Cost of goods sold .......................................................................
C
Alternative calculation using T-account:
Finished Goods Inventory
S
Beginning 345,000
COGM 918,000
980,000 COGS
Ending 283,000




3
Copyright © 2022 by McGraw Hill.
All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill.

, Wild and Shaw, Managerial Accounting 8e Solutions Manual: Chapter 1



Quick Study 1-9 (5 minutes)
Cost of goods sold is computed as:
Merchandise inventory, beginning ....................................................
$12,000
Cost of merchandise purchased ........................................................
85,000
Goods available for sale .....................................................................
97,000
Less merchandise inventory, ending ................................................
18,000
Cost of goods sold ..............................................................................
$79,000
N

Quick Study 1-10 (10 minutes)
U
(1) (2) (3)
Cost of merchandise purchased......... $181,000 $140,000 $289,000
R
Merchandise inventory, beginning ..... 106,000 21,000 28,000
Merchandise inventory, ending .......... 82,000 33,000 50,000
SE
Cost of goods sold ............................... 205,000 128,000 267,000

Calculations:
(1) $106,000 + Purchases - $205,000 = $82,000 Purchases = $181,000
D
(2) Beg. Inv. + $140,000 - $128,000 = $33,000 Beg. Inv. = $21,000

(3) $28,000 + $289,000 - $267,000 = End. Inv. End. Inv. = $50,000
O
C
S


4
Copyright © 2022 by McGraw Hill.
All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill.

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, creditcard of je Stuvia-tegoed en je bent klaar. Geen abonnement nodig.

Direct to-the-point

Direct to-the-point

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper Nursedocs. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €17,66. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 69052 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Begin nu gratis
€17,66  1x  verkocht
  • (1)
In winkelwagen
Toegevoegd