Managerial Accounting - 3rd Edition - by Stacey M Whitecotton Associate Professor, Robert Libby, Fred Phillips Associate Professor - ISBN 9780077826482

Managerial Accounting
3rd Edition
Stacey M Whitecotton Associate Professor, Robert Libby, Fred Phillips Associate Professor
Publisher: McGraw-Hill Education
ISBN: 9780077826482

Solutions for Managerial Accounting

Book Details

Whitecotton, Managerial Accounting 3e and Connect present an integrated and proven solution designed to help attain course goals of student readiness and motivation, comprehension of content, and application of key concepts. Whitecotton, Managerial Accounting 3e addresses the reality of students taking the managerial accounting course: the majority of them will not become accounting majors and accountants; instead they will use accounting information in their professional lives to make business decisions. Therefore, the greatest challenges instructors have are to engage these students in the managerial accounting course, keep the students motivated throughout the course, and teach them accounting in a way that connects conceptual understanding to the real world, so students will be able to analyze and apply their managerial accounting knowledge successfully in careers as managers in the world of business. Whitecotton 3e will engage and motivate students by presenting accounting in the context of real, recognizable companies like Apple, Starbucks, and California Pizza Kitchen, then integrate those companies throughout the chapters. This will allow students to see accounting information being used to make real business decisions in companies that are part of their lives, helping them connect their learning to the real world.

Sample Solutions for this Textbook

We offer sample solutions for Managerial Accounting homework problems. See examples below:

Chapter 4, Problem 1QIn the give case, we have three cost drivers: 1)For building expenses = Area of square feet2)For...Chapter 5, Problem 1QChapter 5, Problem 10EChapter 6, Problem 1QThe total cost is an addition of variable cost and fixed cost. Variable cost varies with the...Contribution Margin Income Statement Particulars Amount Sales Price (A) $675.00 Variable Cost per...Chapter 6, Problem 11EChapter 6, Problem 16EContribution Margin Income Statement Particulars Standard Deluxe Rental Price (A) $30 $38 Variable...As the product mix is changed to 40/30/30 So, the weighted contribution margin is calculated as:...Contribution Margin Income Statement: Particulars Amount Revenue $400,000 Total variable cost...Contribution Margin Income Statement: Particulars Amount Revenue $400,000 Total variable cost...Fixed cost is $1,000,000 Contribution margin is 40%(1−60%) The break-even point in units is...Chapter 7, Problem 1QChapter 8, Problem 1QChapter 9, Problem 1QMaterial Variances: As per given the data: Particular Standard Actual Standard amount per can...Chapter 9, Problem 3EChapter 9, Problem 4EChapter 9, Problem 5EChapter 9, Problem 10EChapter 9, Problem 18EChapter 10, Problem 1QThe difference between the two can be understood with the following example. Say, initial screening...Initial investment = $1,600,000 Depreciation=Initial investment-salvage valueExpected life...To calculate the payback period: Formula used: Payback period=Initital investmentAnnual cash flows...Accounting rate of return for each project is calculated as follows: Project-1: Accounting rate of...Chapter 12, Problem 1QFormula used to calculate the change: Change = Current year amount − Previous year amount Cash flow...Chapter 12, Problem 23ETrend analysis helps the companies to measure its performance across time.It is a technique that...Given: Current assets = $54,000 Current ratio = 1.80:1 Current ratio=Current ​assetsCurrent...Profit margin ratio is calculated by dividing net income by the net sales. It helps in calculating...Profit margin ratio is calculated by dividing net income by the net sales. It helps in calculating...

More Editions of This Book

Corresponding editions of this textbook are also available below:

Loose-leaf For Managerial Accounting
4th Edition
ISBN: 9781260413984
Managerial Accounting
4th Edition
ISBN: 9781260413960
MANAGERIAL ACCOUNTING (LL)-W/CONNECT
5th Edition
ISBN: 9781265448400
MANAGERIAL ACCOUNTING W/CONNECT+PP
5th Edition
ISBN: 9781264660995
MANAGERIAL ACCOUNTING
5th Edition
ISBN: 9781265626266
Loose Leaf for Managerial Accounting
5th Edition
ISBN: 9781264467204
MANAGERIAL ACCOUNTING-CONNECT ACCT.PLUS
5th Edition
ISBN: 9781264467013
MANAGERIAL ACCOUNTING (LL)-W/CONNECT
5th Edition
ISBN: 9781265348557
Managerial Accounting With Connect Plus
1st Edition
ISBN: 9780077403508
Managerial Accounting
2nd Edition
ISBN: 9780078025518
MANAGERIAL ACCOUNTING >C<
3rd Edition
ISBN: 9781259948503
MANAGERIAL ACCOUNTING W/CONNECT
3rd Edition
ISBN: 9781307583946

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