1 Introduction To Cost Management 2 Basic Cost Management Concepts 3 Cost Behavior 4 Activity-based Costing 5 Product And Service Costing: Job-order System 6 Process Costing 7 Allocating Costs Of Support Departments And Joint Products 8 Budgeting For Planning And Control 9 Standard Costing: A Functional-based Control Approach 10 Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing 11 Strategic Cost Management 12 Activity-based Management 13 The Balanced Scorecard: Strategic-based Control 14 Quality And Environmental Cost Management 15 Lean Accounting And Productivity Measurement 16 Cost-volume-profit Analysis 17 Activity Resource Usage Model And Tactical Decision Making 18 Pricing And Profitability Analysis 19 Capital Investment 20 Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints expand_more
Chapter Questions expand_more
Problem 1DQ: Why is knowledge of cost behavior important for managerial decision making? Give an example to... Problem 2DQ: How does the length of the time horizon affect the classification of a cost as fixed or variable?... Problem 3DQ Problem 4DQ: What is the relationship between flexible resources and cost behavior? Problem 5DQ: What is the relationship between committed resources and cost behavior? Problem 6DQ: Describe the difference between a variable cost and a step-variable cost. When is it reasonable to... Problem 7DQ: Why do mixed costs pose a problem when it comes to classifying costs into fixed and variable... Problem 8DQ: Why is a scattergraph a good first step in separating mixed costs into their fixed and variable... Problem 9DQ: What are the advantages of the scatterplot method over the high-low method? The high-low method over... Problem 10DQ Problem 11DQ: What is meant by the best-fitting line? Is the best-fitting line necessarily a good-fitting line?... Problem 12DQ: When is multiple regression required to explain cost behavior? Problem 13DQ: Explain the meaning of the learning curve. How do managers determine the appropriate learning curve... Problem 14DQ: Assume you are the manager responsible for implementing a new service. The time to perform the... Problem 15DQ: Some firms assign mixed costs to either the fixed or variable cost categories without using any... Problem 1CE: Callies Gym is a complete fitness center. Owner Callie Ducain employs various fitness trainers who... Problem 2CE: Corazon Manufacturing Company has a purchasing department staffed by five purchasing agents. Each... Problem 3CE: Darnell Poston, owner of Poston Manufacturing, Inc., wants to determine the cost behavior of labor... Problem 4CE: Dohini Manufacturing Company had the following 12 months of data on purchasing cost and number of... Problem 5CE: Refer to Cornerstone Exercise 3.4 for data on Dohini Manufacturing Companys purchasing cost and... Problem 6CE: The controller for Dohini Manufacturing Company felt that the number of purchase orders alone did... Problem 7CE Problem 8E: State Universitys football team just received a bowl game invitation, and the students and alumni... Problem 9E: Classify the following costs of activity inputs as variable, fixed, or mixed. Identify the activity... Problem 10E: SmokeCity, Inc., manufactures barbeque smokers. Based on past experience, SmokeCity has found that... Problem 11E: Cashion Company produces chemical mixtures for veterinary pharmaceutical companies. Its factory has... Problem 12E: For the following activities and their associated resources, identify the following: (1) a cost... Problem 13E Problem 14E: Vargas, Inc., produces industrial machinery. Vargas has a machining department and a group of direct... Problem 15E: Penny Davis runs the Shear Beauty Salon near a college campus. Several months ago, Penny used some... Problem 16E: Shirrell Blackthorn is the accountant for several pizza restaurants based in a tri-city area. The... Problem 17E: Deepa Dalal opened a free-standing radiology clinic. She had anticipated that the costs for the... Problem 18E Problem 19E: The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with... Problem 20E: Lassiter Company used the method of least squares to develop a cost equation to predict the cost of... Problem 21E: Sweet Dreams Bakery was started five years ago by Della Fontera who was known for her breads, sweet... Problem 22E: Ginnian and Fitch, a regional accounting firm, performs yearly audits on a number of different... Problem 23E: Bordner Company manufactures HVAC (heating, ventilation, and air conditioning) systems for... Problem 24E: Sharon Glessing, controller for Janson Company, has noticed that the company faces a 75 percent... Problem 25E: The graphs below represent cost behavior patterns that might occur in a companys cost structure. The... Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings... Problem 27E: Alard Manufacturing Company has a billing department staffed by four billing clerks. Each clerk is... Problem 28E Problem 29E Problem 30E: Natur-Gro, Inc., manufactures composters. Based on past experience, Natur-Gro has found that its... Problem 31P: Rolertyme Company manufactures roller skates. With the exception of the rollers, all parts of the... Problem 32P: St. Teresas Medical Center (STMC) offers a number of specialized medical services, including... Problem 33P: Big Mikes, a large hardware store, has gathered data on its overhead activities and associated costs... Problem 34P: Kimball Company has developed the following cost formulas:... Problem 35P: The management of Wheeler Company has decided to develop cost formulas for its major overhead... Problem 36P: DeMarco Company is developing a cost formula for its packing activity. Discussion with the workers... Problem 37P: Weber Valley Regional Hospital has collected data on all of its activities for the past 16 months.... Problem 38P: Friendly Bank is attempting to determine the cost behavior of its small business lending operations.... Problem 39P: Randy Harris, controller, has been given the charge to implement an advanced cost management system.... Problem 40P: The Lockit Company manufactures door knobs for residential homes and apartments. Lockit is... Problem 41P: Harriman Industries manufactures engines for the aerospace industry. It has completed manufacturing... Problem 42P: Thames Assurance Company sells a variety of life and health insurance products. Recently, Thames... format_list_bulleted
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