Solution Manual for Managerial Accounting, Second Canadian Edition, 2/E 2nd Edition Karen Wilken Braun, Wendy M. Tietz, Rhonda Pyper

$36.00

Solution Manual for Managerial Accounting, Second Canadian Edition, 2/E 2nd Edition Karen Wilken Braun, Wendy M. Tietz, Rhonda Pyper

Category:

Description

All resources are in electronic format and can be downloaded from your account or email – How to Download. Payments will be processed instantly after checkout. Please note that all sales are final and non refundable. If you still have questions, find answers on our FAQ page or just send us an email at contact@itestbank.com, we will respond as soon as possible.

Chapter 2
Building Blocks of Managerial Accounting
Quick Check Questions

Answers:

1. b 3. a 5. c 7. b 9. b
2. b 4. b 6. b 8. d 10. c

Short Exercises
(5 min.) S2-1

X-Treme is a merchandiser because it has a single inventory account.

Y-Not? is a service company because it has no inventory.

Zesto is a manufacturer because it has three kinds of inventory: raw materials inventory, work in process inventory, and finished goods inventory.
(10 min.) S2-2

a. Service companies generally have no inventory.
b. Bombardier is a manufacturing company.
c. Merchandisers’ inventory consists of the cost of merchandise and freight-in.
d. Manufacturing companies carry three types of inventories: raw materials inventory, work in process inventory, and finished goods inventory.
e. TD Insurance is a service company.
f. Two types of merchandising companies include retailers and wholesalers.
g. Direct materials are stored in raw materials inventory.
h. Zellers is a merchandising company.
i. Manufacturers sell from their stock of finished goods inventory.
j. Labour costs usually account for the highest percentage
of service companies’ costs.
k. Partially completed units are kept in the work in process inventory.
(5 min.) S2-3

a. Distribution
b. Design
c. Marketing
d. Research and Development (R&D)
e. Customer Service
f. Production or Purchases

Reviews

There are no reviews yet.

Be the first to review “Solution Manual for Managerial Accounting, Second Canadian Edition, 2/E 2nd Edition Karen Wilken Braun, Wendy M. Tietz, Rhonda Pyper”