ManagerialAccounting:AsiaGlobalEdition2e

Garrison,Noreen,Brewer,Cheng&Yuen
McGrawHillAsia,2015
GNBCYCheckFiguresforProblemsandCases
Chapter1
Nocheckfigures
Chapter2
Problem213
Problem214
Problem215
Problem216
Problem217
Problem218
Problem219
Problem220
Problem221
Problem222
Problem223
Problem224
Problem225
Case226
Case227
Appendix2A
Problem2A5
Appendix2B
Problem2B3
Problem2B4
Chapter3
Problem311
Problem312
Problem313
Problem314
Problem315
Problem316
Problem317
Case318
Case319
Case320
Appendix3A
Problem3A4
Problem3A5
Problem3A6
Case3A7
Chapter4
Problem419
Problem420
Problem421
Problem422
Problem423
Problem424
Problem425

Boxesforpackaging:variable,direct
Depreciation:fixed,manufacturingoverhead,sunk
(3)Clothused:variable,direct
(1)Costofgoodsmanufactured:$310,000
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(1)Costofgoodsmanufactured:$290,000
(1)Totalvariablecost:$321,000
Clayandglaze:variable,directmaterials
(1)Costofgoodsmanufactured:$690,000
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(1)Costofgoodsmanufactured:$870,000
(Case1)Goodsavailableforsale:$19,000
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(2)Costofgoodsmanufactured:$780,000
(1)Directlabor:$920
(1)Totalinternalfailurecostthisyear:$3,600,000
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(1)Netoperatingincome:$8,000
(2)Shipping:A$18,000permonthplusA$4perunit
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(1)$1,000permonthplus$20perscan
(2)1,500,000peryearplus35perDLH
(2)Netoperatingincome$130,800
(2)$9,000permonthplus$1.60permachinehour
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(1)$3,700pertermplus$1,750persection
(1)$30,000perquarterplus$9,000perthousandunits
(1)$1,171permonthplus$18.18perscan
Y=63,528+35X

(2)Breakeven:18,000units
(2)Breakeven:30,000balls;(6b)Leverage:8
(2)Breakeven:$864,000
(3)Netloss:$6,000;(5a)Breakeven:21,000units
(2)Breakeven:$300,000
(1)Unitsalestoattaintargetprofit:300sweatshirts
(1)Breakeven:21,000units

ManagerialAccounting:AsiaGlobalEdition2e
Garrison,Noreen,Brewer,Cheng&Yuen
McGrawHillAsia,2015
Problem426
Problem427
Problem428
Problem429
Problem430
Problem431
Case432
Case433
Chapter5
Problem512
Problem513
Problem514
Problem515
Problem516
Problem517
Problem518
Problem519
Case520
Case521
Appendix5
Problem52
Case53
Chapter6
Problem68
Problem69
Problem610
Problem611
Problem612
Chapter7
Problem717
Problem718
Problem719
Problem720
Problem721
Appendix7A
Problem7A5
Appendix7B
Problem7B3
Problem7B4
Case7B5
Chapter8
Problem824
Problem825
Problem826
Problem827
Problem828
Problem829
Problem830

(1)Breakeven:12,500pairsofshoes;(3)$6,000loss
(1b)Breakeven:$732,000;(2b)Marginofsafetypercentage:22%
(1)Aprilnetoperatingincome:$21,800
(2c)Presentmarginofsafety:$150,000
(1)Breakeven:2,500pairs;(5a)Leverage:6
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(1a)Breakeven:$12,000,000

(1)Year1netoperatingincome:$40,000
(1b)Netoperatingincome:$32,000
(1b)Netoperatingincome:$10,000;(3a)Netoperatingincome:$60,000
(2)Julynetoperatingloss:$35,000
(2)Netoperatingincome:$50,000
(1)Year2netoperatingloss:$100,000
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(2)Year1netoperatingincome:$40,000
(2)Firstquarternetoperatingincome:$4,000
(1)410,000units
(2)Overheadappliedin2008:$4,000
(2)Traditionalapproach:8,000units

(1)CostchargedtoFormingDepartment:$181,000
(1)CostchargedtoAutoDivision:$86,000
(2)Machiningrate:7,834permachinehour
Laboratorycost:$497,560
(1)Printingrate:$6.12permachinehour

(2)B300productmargin:$496,200
(2)ABCproductmarginforXtreme:($12,400)
(3)TotalcostofservingFlyingNranch:$167.25
(2)Marginforlocalcommercialwork:($77,625)
(3a)$1,209perthousandsquarefeet
(2)Yellowmargin:$89,150
(3b)Deluxemodelunitproductcost:$133.80
(2b)X200unitproductcost:$213
(2b)OverheadcostperpoundofVietSelect:$1.90

Directlabor:$78,000;Endingfinishedgoodsinventory:$80,000
(3)Overappliedby$9,400;(4)Netoperatingincome:$78,400
(3)OverappliedbyRmb7,000;(4)Netoperatingincome:Rmb247,000
(3)Underappliedby$4,000;(4)Netoperatingincome:$57,000
(2)Workinprocessbalance:$17,300;(4)Netoperatingincome:$18,700
(3)Totalcost:$9,360
(3)Overheadapplied:RUR28,000;(4)Totalcost:RUR38,300

ManagerialAccounting:AsiaGlobalEdition2e
Garrison,Noreen,Brewer,Cheng&Yuen
McGrawHillAsia,2015
Problem831
Problem832
Problem833
Problem834
Problem835
Case836
Case837
Case838
Chapter9
Problem913
Problem914
Problem915
Problem916
Problem917
Problem918
Case919
Case920
Appendix9A
Problem9A10
Problem9A11
Case9A12

(2)Costofgoodsmanufactured:$1,340,000
(3)$73.80perunit
(3)Indirectlabor:$30,000;(7)Overapplied:$10,000
(3)Costofgoodsmanufactured:Nkr770,000;(5)Netoperatingincome:Nkr115,000
(2)UnderappliedbySfr130,000
(2b)Overheadapplied:$8,760;(5a)Underapplied:$52,000
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(3)Endingworkinprocess:$87,500
(3)Endingworkinprocess:$16,500
(3)Endingworkinprocess:$2,321
(1)Materials:220,000equivalentunits;(2)Conversion:$1.30perequivalentunit;(3)160,000
units
(3)Endingworkinprocess:$23,700s
(2)Manufacturingoverhead:$2,000debitbalance
(1)Endingworkinprocess:$7,182
(3)50%completion
(3)Endingworkinprocess:$89,800
(2)Conversion:$1.48perequivalentunit;(3)Endingworkinprocess:$28,240
(1)Endingworkinprocess:$7,200

Chapter10
Problem1015
Problem1016
Problem1017
Problem1018
Problem1019
Problem1020
Problem1021
Problem1022
Problem1023
Problem1024
Problem1025
Problem1026
Problem1027
Problem1028
Case1029
Case1030
Case1031

(1)July:36,000units
(2)Cashdisbursementsformanufacturingoverheadfortheyear:$269,150
(3)Endingcashbalance:$20,000
(1)Totalcashdisbursementsformaterialsfortheyear:$252,000
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(1)Maycashcollections:$316,000;(2)Mayendingcashbalance:$26,000
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(1)Julycashcollections:$317,500;(2)July31cashbalance:$28,000
(2a)Maypurchases:$574,000;(3)June30cashbalance:$57,100
(2a)Maypurchases:$588,000;(3)June30cashbalance:$208,460
(2)Junemerchandisepurchase:$42,300
(2)Firstquarterdisbursements:$75,000;(3)Firstquarterendingcashbalance:$12,000
(2)July:36,000units
(2a)Februarypurchases:$315,000;(4)Februaryendingcashbalance:$30,800
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(1c)Aprilpurchases:79,000units;(2)June30cashbalance:$94,700
(1)Budgeted20X2profit$7,926,407

Chapter11
Problem1119
Problem1120
Problem1121
Problem1122
Problem1123
Problem1124
Problem1125
Case1126
Case1127

(2)Overallactivityvariance:$435F
(1)Flexiblebudgettotalexpense:$32,290
(3)Overallspendingvariance:$5,700U
(1)Overallactivityvariance:$410F
(2)Overallspendingvariance:$1,000U
(2)Overallspendingvariance:$1,100F
(2)Overallactivityvariance:$2,250F
(2)Flexiblebudgettotalexpense:$724,280
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ManagerialAccounting:AsiaGlobalEdition2e
Garrison,Noreen,Brewer,Cheng&Yuen
McGrawHillAsia,2015
Case1128
Chapter12
Problem129
Problem1210
Problem1211
Problem1212
Problem1213
Problem1214
Problem1215
Problem1216
Case1217
Appendix12A
Problem12A8
Problem12A9
Problem12A10
Problem12A11
Problem12A12
Appendix12B
Problem12B3
Problem12B4
Case12B5
Chapter13
Problem1318
Problem1319
Problem1320
Problem1321
Problem1322
Problem1323
Problem1324
Problem1325
Problem1326
Problem1327
Problem1328
Problem1329
Problem1330
Case1331
Case1332
Appendix13A
Problem13A4
Problem13A5
Problem13A6
Case13A7
Chapter14
Problem1417
Problem1418
Problem1419
Problem1420
Problem1421
Problem1422
Problem1423

(1)Overallspendingvariance:$395F

(1a)Materialspricevariance:$15,000F;(2a)Laborefficiencyvariance:$4,375U
(1a)Materialspricevariance:$3,000F;(2)Netvariance:$16,290U
(1)Materialsquantityvariance:$5,250U;(2a)Laborratevariance:$2,300F
(1)Materialspricevariance:$2,400F
(1a)Actualcost:$5.30perfoot;(2a)Standardlaborrate:$8
(1)Standardcost:$31.50perbackpack;(3)2.8yardsperbackpack
(3)LaborratevarianceSintering:$3,240U
(1b)Laborefficiencyvariance:$4,320U
(3)Actualcost:$2.95perpound;(5)Actualcost:$15.75perdirectlaborhour
(1)Materialsquantityvariance:$2,200U;(3)Volumevariance:$11,800F
(3a)Efficiencyvariance:$3,750U;(3b)Volumevariance:$42,000F
(3)Ratevariance:PZ3,000U;Budgetvariance:PZ600F
(2)Standardcost:$54perunit;(4)Volumevariance:$24,000F
(3)Standardcost:$92at30,000hours;(4b)$486,000appliedoverhead
(2a)Laborratevariance:$3,200U;(3)Variableoverheadefficiencyvariance:$2,000F
(1a)Materialspricevariance:$6,000F;(3)Variableoverheadratevariance:$1,650F
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(1)ROIifnewproductisadded:19.2%
(2)CompanyAmargin:14%
(1b)Month3MCE:21.6%
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(1)ROI:25%
(3)ROI:19.6%;(6)ROI:16.3%
(1b)Month3MCE:21.1%
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(1)Flatglasssegmentmargin:R16,000
(1)Northernsegmentmargin:$24,000
(1)Cookbooksegmentmargin:$18,000
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(3)Westsegmentmargin:$31,500
(1)Magazinesubscriptionssegmentmargin:$94,000
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(2a)$85Transferprice$89
(2)$35,000loss
(3)Lostcontributionmarginfromacceptingorder:$10perTV
(3)$7.50Transferprice$13.50
(1)$0.40perpoundadvantagetoprocessfurther
(1)Decreaseinprofits:$3,200
(1)$40,000disadvantagetoclose
(1)Droppinghousekeepingwoulddecreaseoverallnetoperatingincomeby$28,000
(1)$0.20savingsperboxtomake
(1)$29,800disadvantagetoclose
(1)$130,000incrementalnetoperatingincome;(2)$22.15breakevenprice

ManagerialAccounting:AsiaGlobalEdition2e
Garrison,Noreen,Brewer,Cheng&Yuen
McGrawHillAsia,2015
Problem1424
Problem1425
Problem1426
Problem1427
Case1428
Case1429
Case1430
Case1431
Case1432
Chapter15
Problem1516
Problem1517
Problem1518
Problem1519
Problem1520
Problem1521
Problem1522
Problem1523
Problem1524
Problem1525
Problem1526
Problem1527
Problem1528
Problem1529
Problem1530
Case1531
Problem1532
Appendix15C
Problem15C4
Problem15C5
Problem15C6
Chapter16
Problem167
Problem168
Problem169
Problem1610
Problem1611
Problem1612
Problem1613
Problem1614
Appendix16A
Problem16A5
Problem16A6
Problem16A7
Chapter17
Problem1711
Problem1712
Problem1713
Problem1714

(1)fl36,000advantagetobuy
(1)Increasedprofit:$65,000
(2)Minimum10,000jars
(2)140,000totalhours
(1)Minimumprice:$23,200
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(2)Thesellingpriceofthesweatershouldbeatleast$27.80
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NPV:$8,070
(3)Simplerateofreturn:11.4%
NPV:$16,496
(2)16.0%return
(1)$78,500annualnetcostsavings
(1)Project2profitabilityindex:0.16
(1)$32,000annualnetcashflows
(3)IRRofProductB:21%
(3)4.5years
(1)Purchasealternative:$132,554NPV
(2)15%return
(1)$49,434annualnetcashflow
(1)$1,114NPVinfavorofkeepingtheoldtruck
(1)$7,560NPVofcommonstock
(2)$45,540NPV
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(1)$125,000netcashinflowinyear3
NPV:$13,893
(1)NPVofnewtrucks:$747,472
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(1)Netcashprovidedbyoperatingactivities:$104
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(2)Netcashusedforinvestingactivities:$172,000
Netcashprovidedbyfinancingactivities:$210,000
(1)Netcashprovidedbyoperatingactivities:$260
(1)Netcashprovidedbyoperatingactivities:$18,000
(2)Netcashusedforinvestingactivities:$564,000
(2)Netcashusedforinvestingactivities:$112,000
(1)Netcashprovidedbyoperatingactivities:$104
(1)Netcashprovidedbyoperatingactivities:$20,000
(1d)Averagecollectionperiodthisyear:27.4days;(1g)Timesinterestearnedthisyear:7.0
times
(1a)Earningspersharethisyear:$6.16;(1d)Priceearningsratiothisyear:7.3
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(1b)Currentratio:2.5

ManagerialAccounting:AsiaGlobalEdition2e
Garrison,Noreen,Brewer,Cheng&Yuen
McGrawHillAsia,2015
Problem1715
Problem1716
Problem1717
Problem1718
Problem1719

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(1a)Returnontotalassetsthisyear:6.8%;(2e)Bookvaluepersharethisyear:$52
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Totalassets:$1,500,000;Netincome:$162,000

AppendixA
ProblemA4
ProblemA5
ProblemA6
ProblemA7
ProblemA8

(1b)Sellingprice:$135
(2)Priceelasticityofdemand:1.2163
(3)Profitmaximizingprice:$18.00
(2b)Sellingprice:$150
(1)Maximumpurchaseprice:$3,400

AppendixB
ProblemB4
ProblemB5
ProblemB6
ProblemB7
CaseB8

(3)Totalcontributionmargin:$167,000
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(2)Totalprofit:$990
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