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[DOC File]CHAPTER 11
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CHAPTER 11. DECISION MAKING AND RELEVANT INFORMATION. 11-17 (20 min.) Relevant and irrelevant costs. 1. Make Buy Relevant costs Variable costs $190 Avoidable fixed costs 10 Purchase price ____ $260 Unit relevant cost $200 $260
managerial accounting 14th edition answers

[DOC File]Chapter 1 Solutions
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Managerial accounting is concerned with unregulated financial, economic as well as physical data, which pertains more to the sub-units of the organization, that is current and future oriented, and that is designed primarily to meet the information needs of insiders. 2. The value-added principle means that management accountants are free to ...
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[DOC File]CHAPTER 10
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Solutions to Assigned Problems, CHAPTER 10. DETERMINING HOW COSTS BEHAVE. 10-18 (20 min.) Various cost-behavior patterns. 1. K. 2. B. 3. G. 4. J Note that A is incorrect because, although the cost per pound eventually equals a constant at $9.20, the total …
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[DOC File]CHAPTER 10
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Questions Chapter 10 (Continued) 15. $10,000 + $4,058 = $14,058. 16. Ordinarily accounting for the exchange of nonmonetary assets should be based on the fair value of the asset given up or the fair value of the asset received, whichever is clearly more evident. Thus any gains and losses on the exchange should be recognized immediately.
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[DOC File]Chapter 14
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Chapter 11. Take Two Solutions. Exercise 11-1 (10 minutes) 1. The payback period is determined as follows: Year Investment Cash Inflow Unrecovered Investment 1 $17,500 $1,000 $16,500 2 $8,000 $2,000 $22,500 3 $2,500 $20,000 4 $4,000 $16,000 5 $5,000 $11,000 6 $6,000 $5,000 7 $5,000 $0 8 $4,000 $0 9 $3,000 $0 10 $2,000 $0
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[DOCX File]Chapter 13
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Chapter 12. Differential Analysis: The Key to Decision Making. Solutions to Questions. 12-1A relevant cost is a cost that differs in total between the alternatives in a decision.. 12-2. An incremental cost (or benefit) is the change in cost (or benefit) that will result from some proposed action.
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[DOC File]CHAPTER 5
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5. Operations staff has significant disagreements with the accounting staff about the costs of manufacturing and marketing products and services. 5-11 The main costs and limitations of ABC are the measurements necessary to implement the systems. Even basic ABC systems require many calculations to determine costs of products and services.
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[DOCX File]Chapter 2
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Managerial Accounting and Cost Concepts Solutions to Questions 2- 1 The three major elements of product costs in a manufacturing company are direct materials, direct labor, and manufacturing overhead.
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[DOCX File]Chapter 2
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1-9A discretionary fixed cost has a fairly short planning horizon—usually a year.Such costs arise from annual decisions by management to spend on certain fixed cost items, such as advertising, research, and management development.
managerial accounting 14th edition answers

Managerial accounting 14th edition solutions