ch01 - 2008 For Instructor Use Only 1-1 CHAPTER 1...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2008 For Instructor Use Only 1-1 CHAPTER 1 Managerial Accounting ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems * 1. Explain the distinguishing features of managerial accounting. 1, 2, 3 1 1 * 2. Identify the three broad functions of management. 4, 5, 6, 7, 8 2, 3 * 3. Define the three classes of manufacturing costs. 11, 12 4, 5, 7 2, 3, 4, 5, 6 1A, 2A 1B, 2B * 4. Distinguish between product and period costs. 13 6 3, 4, 5, 7, 13 1A, 2A 1B, 2B * 5. Explain the difference between a merchandising and a manufacturing income statement. 9, 14 8, 12, 13, 14, 15, 17 3A, 4A, 5A 3B, 4B, 5B * 6. Indicate how cost of goods manufactured is determined. 15, 16, 17, 18 8, 10, 11 8, 9, 10, 11, 12, 13, 14, 15, 16, 17 3A, 4A, 5A 3B, 4B, 5B * 7. Explain the difference between a merchandising and a manufacturing balance sheet. 10, 19 9 14, 15, 16, 17 3A, 4A 3B, 4B * 8. Identify trends in managerial accounting. 20, 21, 22 23, 24 18 *9. Prepare a worksheet and closing entries for a manufacturing company. 25, 26, 27 12 19 6A *Note: All asterisked Questions, Exercises, and Problems relate to material contained in the appendix to the chapter. 2008 For Instructor Use Only 1-2 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Classify manufacturing costs into different categories and compute the unit cost. Simple 2030 2A Classify manufacturing costs into different categories and compute the unit cost. Simple 2030 3A Indicate the missing amount of different cost items, and prepare a condensed cost of goods manufactured schedule, an income statement, and a partial balance sheet. Moderate 3040 4A Prepare a cost of goods manufactured schedule, a partial income statement, and a partial balance sheet. Moderate 3040 5A Prepare a cost of goods manufactured schedule and a correct income statement. Moderate 3040 *6A Complete a worksheet; prepare a cost of goods manufactured schedule; an income statement, and a balance sheet; journalize and post the closing entries. Complex 4050 1B Classify manufacturing costs into different categories and compute the unit cost. Simple 2030 2B Classify manufacturing costs into different categories and compute the unit cost. Simple 2030 3B Indicate the missing amount of different cost items, and prepare a condensed cost of goods manufactured schedule, an income statement, and a partial balance sheet. Moderate 3040 4B Prepare a cost of goods manufactured schedule, a partial income statement, and a partial balance sheet. Moderate 3040 5B Prepare a cost of goods manufactured schedule and a correct income statement. Moderate 3040 BLOOMS TAXONOMY TABLE 1-3 Correlation Chart between Blooms Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation 1.Explain the distinguishing features of managerial accounting. Q1-1...
View Full Document

This note was uploaded on 04/11/2010 for the course BUSINESS FIN taught by Professor Sata during the Spring '10 term at A.T. Still University.

Page1 / 52

ch01 - 2008 For Instructor Use Only 1-1 CHAPTER 1...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online