{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

ch01 - CHAPTER 1 Managerial Accounting ASSIGNMENT...

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

© 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.

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

View Full Document
© 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 20–30 2A Classify manufacturing costs into different categories and compute the unit cost. Simple 20 30 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 30 40 4A Prepare a cost of goods manufactured schedule, a partial income statement, and a partial balance sheet. Moderate 30 40 5A Prepare a cost of goods manufactured schedule and a correct income statement. Moderate 30 40 *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 40–50 1B Classify manufacturing costs into different categories and compute the unit cost. Simple 20 30 2B Classify manufacturing costs into different categories and compute the unit cost. Simple 20 30 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 30–40 4B Prepare a cost of goods manufactured schedule, a partial income statement, and a partial balance sheet. Moderate 30 40 5B Prepare a cost of goods manufactured schedule and a correct income statement. Moderate 30 40
BLOOM’S TAXONOMY TABLE 1-3 Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation * 1.

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

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 52

ch01 - CHAPTER 1 Managerial Accounting ASSIGNMENT...

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

View Full Document
Ask a homework question - tutors are online