管理会计第14版(charles 查尔斯)英文影印版课后答案

管理会计第14版(charles 查尔斯)英文影印版课后答案 chapter1

COVERAGE OF LEARNING OBJECTIVES

管理会计第14版(charles 查尔斯)英文影印版课后答案 chapter1

Managerial Accounting and the Business Organization

(10-15 min.)

Because the accountant's duties are often not sharply defined, some of these answers could be challenged:

1. Attention directing and problem solving. Budgeting involves making

decisions about planned activities -- hence, aiding problem solving. Budgets also direct attention to areas of opportunity or concern --hence, directing attention. Reporting against the budget also has a scorekeeping dimension.

2. Problem solving. Helps a manager assess the impact of a decision.

3. Scorekeeping. Reports on the results of an operation. Could also be

attention direction if scrap is an area that might require management decisions.

4. Attention directing. Focuses attention on areas that need attention.

5. Attention directing. Helps managers learn about the information

contained in a performance report.

6. Scorekeeping. The statement merely reports what has happened.

7. Problem solving. The cost comparison is apparently useful because

the manager wishes to decide between two alternatives. Thus, it aids problem solving.

8. Attention directing. Variances point out areas where results differ

from expectations. Interpreting them directs attention to possible causes of the differences.

9. Problem solving. Aids a decision about where the parts should be

made.

10. Scorekeeping. Determining a depreciation schedule is simply an

exercise in preparing financial statements to report the results of activities.

管理会计第14版(charles 查尔斯)英文影印版课后答案 chapter1

1. Budgeted Actual Deviations Room rental $ 140 $ 140 $ 0

Food 800 1,008 208U Entertainment 600 600 0

Decorations Total

2. Because of the management by exception rule, room rental and

entertainment require no explanation. The actual expenditure for food exceeded the budget by $208. Of this $208, $150 is explained by attendance of 15 persons more than budgeted (at a budget of $10 per person) and $58 is explained by expenditures above $10 per person.

Actual expenditures for decorations were $30 less than the budget. If

all desired decorations were purchased, the decorations committee should be commended for their savings.

(10 min.)

All of the situations raise possibilities for violation of the integrity standard. In addition, the manager in each situation must address an additional ethical standard:

1. The General Mills manager must respect the confidentiality standard.

He or she should not disclose any information about the new cereal.

2. Roberto must address his level of competence for the assignment. If

his supervisor knows his level of expertise and wants an analysis from a “layperson” point of view, he should do it. However, if the supervisor expects an expert analysis, Roberto must admit his lack of competence.

3. The objectivity standard should cause Helen to decline to omit the

information from her budget. It is relevant information, and its

omission may mislead readers of the budget.

管理会计第14版(charles 查尔斯)英文影印版课后答案 chapter1

Because the accountant’s duties are often not sharply defined, some of these answers could be challenged:

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2.

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Scorekeeping. Records events. Scorekeeping. Simply recording of what has happened. Problem solving. Helps a manager decide between alternatives. Attention directing. Directs attention to the use of overtime labor. Problem solving. Provides information to managers for deciding between alternatives. Attention directing. Directs attention to why nursing costs increased. Attention directing. Directs attention to areas where actual results differed from the budget. Problem solving. Helps the vice-president to decide which course of action is best. Scorekeeping. Records costs in the department to which they belong. Scorekeeping. Records actual overtime costs. Attention directing. Directs attention to stores with either high or low ratios of advertising expenses to sales. Attention directing. Directs attention to causes of returns of the drug. Attention directing or problem solving, depending on the use of the schedule. If it is to identify areas of high fuel usage it is attention directing. If it is to plan for purchases of fuel, it is problem solving. Problem solving. Provides information for deciding between two alternative courses of action. Scorekeeping. Records items needed for financial statements.

管理会计第14版(charles 查尔斯)英文影印版课后答案 chapter1

1 & 2. Sales Costs:

Fireworks $35,000 $39,500 $4,500U

Labor 15,000 13,000 2,000F

Other Profit

3. The cost of fireworks was $4,500 ÷ $35,000 = 13% over budget. Did

fireworks suppliers raise their prices? Did competition cause retail prices to be lower than expected? There should be some

explanation for the extra cost of fireworks. Also, the labor cost was $2,000 ÷ $15,000 =13% below budget. It would be useful to discover why this cost was saved. Both sales and other costs were very close to budget.

(10 - 15 min.)

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8. Treasurer. Analysts affect the company's ability to raise capital, which is the responsibility of the treasurer. Controller. Advising managers aids operating decisions. Controller. Advice on cost analysis aids managers' …… 此处隐藏：20277字，全部文档内容请下载后查看。喜欢就下载吧 ……