Managerial Accounting
eBook - PDF

Managerial Accounting

Tools for Business Decision Making

Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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  1. 560 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Managerial Accounting

Tools for Business Decision Making

Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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About This Book

  • Managerial Accounting: Tools for Business Decision Making, 7th Edition by Weygandt, Kimmel, and Kieso provides students with a clear introduction to fundamental managerial accounting concepts.
  • The Seventh Edition helps students get the most out of their accounting course by making practice simple. Both in the print text and online in WileyPLUS with ORION new opportunities for self-guided practice allow students to check their knowledge of accounting concepts, skills, and problem solving techniques and receive personalized feedback at the question, learning objective, and course level.
  • Newly streamlined learning objectives help students use their study time efficiently by creating a clear connections between the reading and video content, and the practice, homework, and assessments questions.
  • Weygandt, Managerial Accounting is a best-selling program ideal for a one semester undergraduate Managerial Accounting Course that focuses on teaching students the core concepts.

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Information

Publisher
Wiley
Year
2015
ISBN
9781118957707
Edition
7
Topic
Business
Subtopic
Managerial Accounting
Index
Business
Suppose 
that 
you 
decide 
to 
start 
a 
landscape 
business. 
You 
use 
an 
old 
pickup 
truck 
that 
you’ve 
fully 
paid 
for. 
You 
store 
the 
truck 
and 
other 
equipment 
in 
your 
parents’ 
barn, 
and 
you 
store 
trees 
and 
shrubs 
on 
their 
land. 
Your 
parents 
will 
not 
charge 
you 
for 
the 
use 
of 
these 
facilities 
for 
the 
rst 
two 
years, 
but 
beginning 
in 
the 
third 
year 
they 
will 
charge 
a 
reasonable 
rent. 
Your 
mother 
helps 
you 
by 
answering 
phone 
calls 
and 
providing 
customers 
with 
information. 
She 
doesn’t 
charge 
you 
for 
this 
service, 
but 
she 
plans 
on 
doing 
it 
for 
only 
your 
rst 
two 
years 
in 
business. 
In 
pricing 
your 
services, 
should 
you 
include 
charges 
for 
the 
truck, 
the 
barn, 
the 
land, 
and 
your 
mother’s 
services 
when 
calculating 
your 
product 
cost? 
The 
basic 
arguments 
for 
and 
against 
are 
as 
follows.
YES:
If 
you 
don’t 
include 
charges 
for 
these 
costs, 
your 
costs 
are 
understated 
and 
your 
protability 
is 
overstated.
NO:
At 
this 
point, 
you 
are 
not 
actually 
incurring 
costs 
related 
to 
these 
activities; 
therefore, 
you 
shouldn’t 
record 
charges.
Instructions
Write 
a 
response 
indicating 
your 
position 
regarding 
this 
situation. 
Provide 
support 
for 
your 
view.
Broadening 
Your 
Perspective
65

Table of contents