Archives: Solution Manual
978-0078024108 Chapter 12 Part 3
Chapter 12 – MRP and ERP Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill 6. Given: The company that makes a table wants to ship 100 units at the […]
978-0078024108 Chapter 12 Part 2
Chapter 12 – MRP and ERP 12–11 a. If 40 units of the end item are to be assembled, how many additional units of B are needed? Step 1: Determine the gross requirements and the net requirements for the end […]
978-0078024108 Chapter 12 Part 1
Chapter 12 – MRP and ERP 12-1 Education. CHAPTER 12 MRP AND ERP Teaching Notes When covering the material in this chapter, the following points should be emphasized: Dependent demand item needs are generated from higher level item needs […]
978-0078024108 Chapter 11 Part 6
Chapter 11 – Aggregate Planning and Master Scheduling Beg. Inv. = 0 Week 1 2 3 4 5 6 7 8 Forecast 50 50 50 50 50 50 50 50 Customer Orders 52 35 20 12 Projected on- hand inventory […]
978-0078024108 Chapter 11 Part 5
Chapter 11 – Aggregate Planning and Master Scheduling 11–41 Education. Step 4: Compare the costs of Option 1 (keep the same number of employees, produce 1,400 units per month using regular time, and produce 100 units total using overtime) vs. […]
978-0078024108 Chapter 11 Part 2
Chapter 11 – Aggregate Planning and Master Scheduling 11–11 Final Plan: Using Overtime (Maximum of 40 Units per Month) & Subcontracting Period 1 2 3 4 5 6 Total Forecast 380 400 420 440 460 480 2,580 Output Regular 400 […]
978-0078024108 Chapter 11 Part 1
Chapter 11 – Aggregate Planning and Master Scheduling CHAPTER 11 AGGREGATE PLANNING AND MASTER SCHEDULING Teaching Notes In earlier chapters, we looked at certain problems that involve long-range planning such as facility location, layout, and major equipment purchase decisions. Aggregate […]
978-0078024108 Chapter 10 Part 5
Chapter 10 – Quality Control 26. Given: Let USL = Upper Specification Limit, LSL = Lower Specification Limit, X = Process mean, = Process standard deviation. USL = 30 minutes, LSL = 45 minutes, X Armand = 38 minutes, […]
978-0078024108 Chapter 10 Part 4
Chapter 10 – Quality Control Education. Median Test: Observed number of runs = 13 Expected number of runs (N = total number of observations = 20): (round to one decimal) Standard deviation: […]
978-0078024108 Chapter 10 Part 3
Chapter 10 – Quality Control 10–21 Education. Median Test: Sample 39 was tied with the median. As shown below, the expected number of runs = 20.5. The expected number of runs will be greater than the observed number or runs […]
978-0078024108 Chapter 10 Part 2
Chapter 10 – Quality Control 10–11 Education. All sample means are within the control limits on the Mean chart. All sample ranges are within the control limits on the Range chart. The process is in control. 81.043 79.960 78.877 78.500 […]
978-0078024108 Chapter 10 Part 1
Chapter 10 – Quality Control 10-1 Education. CHAPTER 10 QUALITY CONTROL Teaching Notes As a result of increased global competition, a rapidly growing number of companies of all sizes are paying much more attention to issues involving quality and productivity. […]
978-0078024108 Chapter 1
Chapter 01 – Introduction to Operations Management CHAPTER 01 INTRODUCTION TO OPERATIONS MANAGEMENT Teaching Notes Many students come to this course with negative feelings, perhaps because they have heard that the course includes a certain amount of quantitative material (which […]
978-1337119207 Chapter 26 Part 2
Chapter 26(12) Lean Manufacturing and Activity Analysis 482 © 2018 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Nonfinancial Measure—A performance measure that […]
978-1337119207 Chapter 26 Part 1
chapter 26(12) Lean Manufacturing and Activity Analysis ______________________________________________ OPENING COMMENTS Lean manufacturing was introduced briefly in Chapter 17(3). This chapter provides an opportunity to expand on that topic by applying the concepts of Lean manufacturing to lead time, plant layout, […]
978-1337119207 Chapter 25 Part 2
Chapter 25(11) Capital Investment Analysis 454 Under Case II, each project requires a different initial investment. Therefore, a present value index is helpful in choosing the most attractive investment from this group. Ask your students to calculate the present value […]
978-1337119207 Chapter 25 Part 1
chapter 25(11) Capital Investment Analysis ______________________________________________ OPENING COMMENTS Capital investment analysis is a topic that usually receives detailed coverage in introductory finance courses and/or intermediate accounting. The purpose of this chapter is to give students a brief introduction to the […]
978-1337119207 Chapter 24 Part 2
Chapter 24(10) Differential Analysis and Product Pricing 441 DEMONSTRATION PROBLEM—Simulating Production Constraints Have five students line up in a row. Provide each student with two dice, except for the student in the third position, who gets one die. Place four […]
978-1337119207 Chapter 24 Part 1
433 chapter 24(10) Differential Analysis and Product Pricing ______________________________________________ OPENING COMMENTS This chapter covers (1) differential analysis, (2) methods of determining the selling price of a product using a cost-plus markup approach, and (3) the effects of production bottlenecks. Learning […]
978-1337119207 Chapter 23 Part 2
Chapter 23(9) Evaluating Decentralized Operations 426 INTERNET ACTIVITY—Balanced Scorecard The balanced scorecard emphasizes that financial and nonfinancial measures are both important in measuring the performance of an organization. In fact, the nonfinancial measures frequently focus management on items leading to […]
978-1337119207 Chapter 23 Part 1
417 chapter 23(9) Evaluating Decentralized Operations ______________________________________________ OPENING COMMENTS Chapter 23(9) applies responsibility accounting to cost, profit, and investment centers. The chapter demonstrates the responsibility accounting reports that are used to evaluate department or division performance. This provides an excellent […]
978-1337119207 Chapter 22 Part 2
Chapter 22(8) Evaluating Variances from Standard Costs 409 SUGGESTED APPROACH—Nonmanufacturing Businesses Standards can be applied to nonmanufacturing businesses, provided that they use repetitive activities to produce a common product or service. For example, businesses that specialize in fast, no-appointment- needed […]
978-1337119207 Chapter 22 Part 1
chapter 22(8) Evaluating Variances from Standard Costs ______________________________________________ OPENING COMMENTS Standard cost systems set budgets for the materials, labor, and factory overhead used by a manufacturer to produce its product. Deviations from these standards are reported as variances. After studying […]
978-1337119207 Chapter 21 Part 2
Chapter 21(7) Budgeting 394 © 2018 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. GROUP LEARNING ACTIVITY—Direct Materials Purchases Budget The direct materials purchases […]
978-1337119207 Chapter 21 Part 1
385 chapter 21(7) Budgeting ______________________________________________ OPENING COMMENTS Chapter 21(7) emphasizes accounting activities that help managers plan, direct, and control the operations of a business. Budgeting is used to establish business goals in the planning function. Budgets help guide managers’ operational […]
978-1337119207 Chapter 20 Part 2
Chapter 20(6) Variable Costing for Management Analysis 379 WRITING EXERCISE—Pricing Products and Production Planning After completing the group activity above, ask your students to write a memo to management explaining why Webster Manufacturing should accept the special order, even though […]
978-1337119207 Chapter 20 Part 1
371 chapter 20(6) Variable Costing for Management Analysis ______________________________________________ OPENING COMMENTS Frequently, managers complain that accounting systems designed to collect data needed for financial reporting do not provide the best data for management decision making. If used properly, variable costing […]
978-1337119207 Chapter 19 Part 2
Chapter 19(5) Cost-Volume-Profit Analysis 363 . . . or (solving for X) Sales Price (X) – Variable Cost (X) = Fixed Costs + Income from Operations X (Sales Price – Variable Cost) = Fixed Costs + Income from Operations X […]
978-1337119207 Chapter 19 Part 1
355 chapter 19(5) Cost-Volume-Profit Analysis ______________________________________________ OPENING COMMENTS In Chapter 19(5), students learn how to conduct cost-volume-profit analysis. In preparation for this activity, the chapter discusses variable, fixed, and mixed costs. Cost-volume-profit analysis is conducted using both a formula-based mathematical […]
978-1337119207 Chapter 18 Part 2
Chapter 18(4) Activity-Based Costing 468 2. When identifying the activities needed to manufacture their product, many companies find inefficiencies that they didn’t know existed. These inefficiencies can be eliminated, reducing the product’s cost. 3. ABC gained popularity because many manufacturing […]
978-1337119207 Chapter 18 Part 1
461 chapter 18(4) Activity-Based Costing ______________________________________________ OPENING COMMENTS Chapter 18(4) deals with the distortion that can occur in product costing if overhead is not applied properly. It presents three methods for allocating overhead: (1) a single plantwide factory overhead rate, […]
978-1337119207 Chapter 17 Part 2
Chapter 17(3) Process Cost Systems 346 © 2018 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Process—Packaging is credited. After the product is sold, […]
978-1337119207 Chapter 17 Part 1
337 chapter 17(3) Process Cost Systems ______________________________________________ OPENING COMMENTS Chapter 17(3) completes the coverage of manufacturing accounting by introducing process costing. The text demonstrates process costing under the FIFO method. The average cost method is presented in the chapter’s appendix. […]
978-1337119207 Chapter 16 Part 2
Chapter 16(2) Job Order Costing 330 Point out that, unlike the situation in the banquet example, overhead costs usually are not divided evenly over the number of units produced. Assume that a television manufacturer spent $500,000 on overhead costs to […]
978-1337119207 Chapter 16 Part 1
323 chapter 16(2) Job Order Costing ______________________________________________ OPENING COMMENTS Chapter 16(2) introduces students to managerial job order cost systems. Students will be exposed to the terminology used to describe costs related to manufacturing. The first of two basic manufacturing accounting […]
978-1337119207 Chapter 15 Part 2
Chapter 15 (1) Introduction to Managerial Accounting 314 OBJECTIVE 4 Describe and illustrate financial statements for a manufacturing business, including the balance sheet, statement of cost of goods manufactured and income statement. SYNOPSIS The income statement and balance sheet of […]
978-1337119207 Chapter 15 Part 1
305 chapter 15(1) Introduction to Managerial Accounting ______________________________________________ OPENING COMMENTS Chapter 15(1) introduces students to managerial accounting and the manufacturing process. Students will learn how managerial accounting is used in the management decision process. They will also be exposed to […]
978-1118742938 Chapter 9 Part 2
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 9.7 9-18. This problem requires students to create a report similar to the one in Figure 9-8. The resultant report should look like this: and last […]
978-1118742938 Chapter 9 Part 1
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 9.1 Chapter 9 DATABASE FORMS AND REPORTS Discussion Questions 9-1. Some of the advantages and disadvantages of database forms are as follows: ● Advantages Data […]
978-1118742938 Chapter 8 Part 2
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 8.7 1 and 2. Create a database of records. This is a continuation of Case 8-17. 3. Create a query that selects all customers living in […]
978-1118742938 Chapter 8 Part 1
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 8.1 Chapter 8 ORGANIZING AND MANIPULATING DATA IN DATABASES Discussion Questions 8-1. There are several other database management systems available to users, including 8-2. The different […]
978-1118742938 Chapter 7 Part 2
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 7.7 2. 3. Database tables are: cash, sales orders, shipped goods, cash collections, customers, and 7-21. Quick Jolt Electronics (Understanding a Relational Database) This case helps […]
978-1118742938 Chapter 7 Part 1
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 7.1 Chapter 7 DATA MODELING Discussion Questions 7-1. Almost every AIS must organize and store data in permanent files. This leads to the need for databases […]
978-1118742938 Chapter 6 Part 2
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 6.10 d) Having cashiers load the program when the computer fails e) Having the computer retrieve PC- controlled sales when the computer returns to operation 6-18. […]
978-1118742938 Chapter 6 Part 1
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 6.1 Chapter 6 DEVELOPING AND IMPLEMENTING EFFECTIVE ACCOUNTING INFORMATION SYSTEMS Discussion Questions 6-1. Although some tasks in systems studies overlap, there are major differences between the […]
978-1118742938 Chapter 5 Part 3
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 5.20 5-25. Classic Photography Inc. (System Flowcharts) Phone Call if Necessary Check Merchandise vs PO Prepare open invoices for payment Check Supplier Invoices Enter Order Merchandise […]
978-1118742938 Chapter 5 Part 2
SM 5.11 5-17. Winston Beauchamp Company Data Flow Diagram: System Flowchart: Manual customer order Customer orders report Key entry Process customer orders Product file Customer order file Key customer order data Hold for further processing Other departments Customer one copy […]
978-1118742938 Chapter 5 Part 1
Core Concepts of Accounting Information Systems, 13th Edition, by Simkin, Rose, and Norman SM 5.1 Chapter 5 DOCUMENTING ACCOUNTING INFORMATION SYSTEMS Discussion Questions 5-1. The chapter provides ten reasons why documenting AISs is important: (1) depicting how the system works, […]
978-1118742938 Chapter 4 Part 2
SM 4.9 Case Analyses 4-29. Pucinelli Supermarkets Example: Computations (Column B) UPC Code: 64200115896 Length Test: OK Check Digit is: 6 Sum of odd digits: 19 Sum of even digits: 17 Add digits x 3: 57 Sum: 74 Last digit: […]
978-1118742938 Chapter 4 Part 1
SM 4.1 Chapter 4 INFORMATION TECHNOLOGY AND AISs Discussion Questions 4-1. An AIS is best viewed as a set of interacting components that must all work together people and procedures to maintain them, gather them, run them, and use them […]