i Horngren’s Cost Accounting 17th Edition Solution Manual TABLE OF CONTENTS Preface iii Dedication ................................ ................................ ................................ ................................ ...... iv Supplements Available for the 17th Edition v Alternative Suggested Chapter Sequences vii Categorization of Assignment Material xi Presentation of Solutions xxvii Major Changes in Text for the 17th Edition xxviii Highlights of New Chapter -by-Chapter Changes xxxi Changes in Assignment Material for the 17th Edition xxxv Chapter Solutions 1 The Manager and Management Accounting 1-1 2 An Introduction to Cost Terms and Purposes 2-1 3 Cost-Volume -Profit Analysis 3-1 4 Job Costing 4-1 5 Activity -Based Costing and Activity -Based Management 5-1 6 Master Budget and Responsibility Accounting 6-1 7 Flexible Budgets, Direct -Cost Variances, and Management Control 7-1 8 Flexible Budgets, Overhead Cost Variances, and Management Control 8-1 9 Inventory Costing and Capacity Analysis 9-1 10 Determining How Costs Behave 10-1 11 Data Analytic Thinking and Prediction 11-1 12 Decision Making and Relevant Information 12-1 13 Strategy, Balanced Scorecard, and Strategic Profitability Analysis 13-1 14 Pricing Decisions and Cost Management 14-1 15 Cost Allocation, Customer -Profitability Analysis, and Sales -Variance Analysis 15-1 16 Allocation of Support -Department Costs, Common Costs, and Revenues 16-1 17 Cost Allocation: Joint Products and Byproducts 17-1 ii 18 Process Costing 18-1 19 Spoilage, Rework, and Scrap 19-1 20 Balanced Scorecard: Quality and Time 20-1 21 Inventory Management, Just-in-Time, and Simplified Costing Methods 21-1 22 Capital Budgeting and Cost Analysis 22-1 23 Management Control Systems, Transfer Pricing, and Multinational Considerations 23-1 24 Performance Measurement, Compensation, and Multin ational Considerations 24-1 iii PREFACE The keys to the success of a course in cost accounting are the assignment and discussion of provocative problem material. The gathering of high -quality assignment material has been a crucial phase of this book’s preparation —not a painful afterthought. Please review the preface in the text in conjunction with examining the suggestions in this Instructor’s Solutions Manual . Please also read all the front matter of this manual. Mark Awada, Connie Belden, Caitlin Bowler, Molly Brown, Renee Castrigano, Tom Clausen, Barbara Dunham, Merle Ederhof, Paul Hamilton, Anna Jensen, and Ashley Shea assisted us greatly with contributing, critiquing, and checking of the problems and their solu tions. We thank them for their many wonderful contributions. We appreciate the technical support for data analysis provided by DeYett Law. Her ability to cheerfully respond to our challenges made our tasks much more manageable. We are thankful to Ellen Geary, Lacey Vitetta, Chris DeJohn, Michael Trinchetto, Sara Eilert, Martha LaChance, and Claudia Fernandes at Pearson for providing continual support in preparing this Solutions Manual. SRIKANT M. DATAR MADHAV V. RAJAN iv SUPPLEMENTS AVAILABLE FOR THE 17TH EDITION A complete package of supplements is available to assist students and instructors in usin g Horngren, Cost Accounting , 17th edition. MyLab Accounting MyLab Accounting is an online homework and assessment tool designed to help students practice cost accounting problems and concepts and to give their instructors feedback on student performance. It lets cost accounting professors assign a homework deliverable that is automatically graded but that also serves as a tutorial experience for students. Based on Pearson’s MathXL platform, which has graded millions of assignments, MyLab Accounting provides a strong, reliable platform with a rock solid performance history. To learn more, visit pearsonmylabandmastering.com . For Instructors Instructor Resource Center (IRC) These password -protected resources are accessible from www.pearsonhighered.com for Cost Accounting , 17th ed. Resources include the following: Instructor’s Solutions Manual Test Bank in Word and in TestGen, including algorithmic questions Instructor’s Resource Manual PowerPoint Presentations Image Library Instructor’s Solutions Manual © 2021 | 978 -0-13562849 -2 | Online This manual contains the fully worked -out and accuracy -checked solutions for every question, exercise, and problem in the text. Test Bank By Michael Griffin © 2021 | 978 -0-13-562855 -3 | Online This collection of tests for each chapter offers an array of questions ranging from easy to difficult. The Test Bank supports Association to Advance Collegiate Schools of Business (AACSB) International Accreditation and is available in MS Word. TestGen © 2021 | 978 -0-13-563256 -7 | Online This test-generating program allows instructors to add, edit, or delete questions from the test bank; analyze test results; and organize a database of exams and student results.
