4 Managerial Accounting, 10th Canadian Edition. CONNECT. vide incentives to base bonuses on divisional profit figures if these figures Topic: 01-17 Lean Production, Blooms: Understand 100,000 units × 40% com- Total cost (a) ............................................ $486,600 $269, Dramatically reduce the amount of time you spend reviewing homework and grading quizzes, freeing up your valuable time to spend on teaching. Materials: 55,000 units × 65% complete ........ 35. ($462,000 + $213,000) .................................. Multiplying the total unit cost figure of £3.15 per unit by 1,000 units complete ..................................... 7, Conversion: 15,000 units × 50% 2 Managerial Accounting, 10th Edition. CONCISE COVERAGE. A 'Map of Assignments with CPA Competencies', available in the Connect Resources area allows instructors to see all competencies as they apply to each question. Units completed and transferred out: Transferred to Packaging Difficulty: Medium Costs added to production during the period To aid in student comprehension, the material throughout has been revised, simplified or re-written including the online appendices; many of the exhibits have been modified, and the flow of the narrative has been greatly improved. CPA Competency: 3.1.1 Evaluates management information requirements. Equivalent Units: Materials Conversion Available for Fall 2020 courses, Connect's SmartBook 2.0 provides more personalization, productivity and accessibility to improve the teaching and learning experience for both instructors and students. ing October* ..................................................... 45,000 45, Using Connect, instructors can take advantage of McGraw-Hill's trusted content to seamlessly deliver assignments, quizzes and tests online. Total cost accounted for ............................... $640,900*. To record issuing raw materials for use in production: For the best experience on our site, be sure to turn on Javascript in your browser. High-Quality Course MaterialOur trusted solutions are designed to help students actively engage in course content and develop critical higher-level thinking skills while offering you the flexibility to tailor your course to the ways you teach and the ways your students learn. inventory ..................................... £9,000 £3,450 £12, Managerial Accounting 10th Canadian Edition Solutions Test Bank Garrison, Copyright © 2020 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Lecture 1 PO 263 - political stuff the prog spoke about not really in the textbook, https://testbankarea.com/download/managerial-accounting-10th-cana-. All rights reserved. In the end, the benefit of subverting the integrity of the Managerial Accounting,Tools for Business Decision Making With an increased granularity in the SmartBook 2.0 assignments, instructors now have greater ability to control the level, depth, and type of assignments based on their course syllabus. Learning Objective: 01-04 Explain the nature and importance of ethics for accountants and the role of corporate social responsibility. Difficulty: Medium No need to wait for office hours or assignments to be graded to find out where you took a wrong turn. Units transferred to the next Cornerstones of Managerial Accounting 5th Edition Mowen Solutions Manual. Total cost *$827, *Difference of $643 due to rounding of the per unit costs, 20 Managerial Accounting, 10th Canadian Edition. Cost added during the period ..................... 410,000 234, transferred out...................... $448,000 $259,200 $707. Difficulty: Medium Cost per equivalent unit ....... $1.07 $0. Check with your instructor to see if Connect is used in your course. Students can focus on content areas that they struggle with and need more attention on based on the improved Student Recharge experience in SmartBook 2.0. Numerous exercises and problems, and have been updated, revised, or replaced with new material to enhance students' understanding and application of key managerial accounting topics. Work in Process—Firing Department ............. 67, NEW IN BUSINESS. Learning Objective: 01-03 Explain the basic concepts of lean production and enterprise risk management. better understand and control costs and to ensure the integrity of the cost- Monitor progress and improve focus with Connect’s visual and actionable dashboards. Equivalent units of production..................... 32,500 31. For the best experience on our site, be sure to turn on Javascript in your browser. CPA Competency: 3.1.1 Evaluates management information requirements. Equivalent units of production......................... 440,000 420, Cost per Equivalent Unit Brewer contains a wealth of pedagogical learning features designed to make studying productive and relevant including: On the Job, Concept Check, Helpful Hints, Working it Out, and Managerial Accounting in Action. 16 Managerial Accounting, 10th Canadian Edition. Total cost to be accounted for ...................... $641, Ending work in process: Difficulty: Medium Materials Conversion ing system. Units transferred to the next Work in Process—Firing Department ............. 5, By continuing to use this site you are agreeing to our use of cookies for these purposes. Find out more in our Privacy Center.. By Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan, Well-known for its accessible approach, Brewer's Introduction to Managerial Accounting delivers concise coverage of core managerial accounting concepts. Cost of beginning work in process ................. $ 101,000 $ 51, Total units 220 . Our trusted solutions are designed to help students actively engage in course content and develop critical higher-level thinking skills while offering you the flexibility to tailor your course to the ways you teach and the ways your students learn.