In order to effectively solve business problems, managers need to understand how managerial accounting can improve decision-making. This book lays the groundwork by presenting managerial accounting in a strategic framework. Each module examines cost estimation and planning decisions in both the short- and long-term context. Budgets are then discussed as devices that connect planning and control decisions. Within each chapter, a specific decision problem is framed in a four-step manner. Throughout the pages, Chapter Connections ties the decision problems to concepts in earlier chapters. End-of-chapter material also provides a good balance of quantitative and qualitative problems. This approach enables managers to learn the linkages among seemingly unrelated decisions.
Managerial Accounting 101 — get a taste of what managerial accounting is, why it's important, and the important aspects of accounting that every businessperson needs to know The world of costs — discover the nature of different kinds of ...
Known for its "You Get What You Measure" framework, this edition presents an updated focus on building students' decision-making and critical thinking skills through incremental analysis and data analytics coverage.
By presenting actual accounting decisions made in companies like Target and Macy's, the text's precise coverage of the core concepts better engages readers in the content.
This classic MBA text balances managerial accounting coverage with a strong emphasis on management decision-making. You learn how to truly use the financial information, rather than simply perfect your accounting techniques.
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This edition effectively balances coverage of concepts, methods, and the uses of managerial accounting with a strong emphasis on management decision-making.
Managerial Accounting for Managers, 4th edition by Noreen/Brewer/Garrison is based on the market-leading managerial accounting solution, Managerial Accounting, by Garrison, Noreen and Brewer.
A second disadvantage is that participative budgeting can foster budgetary “gaming” through budgetary slack. Budgetary slack occurs when managers intentionally underestimate budgeted revenues or overestimate budgeted expenses in order ...
Learning science reveals that students do not read large chunks of text, so we streamlined this edition to present it in a more focused, succinct, blocked format to improve student learning and retention.
The Martin Group loss from operations, ($11,300) Price Cost of goods sold Gross profit $60,000 per unit 28,000 $32,000 per unit SHOW ME HOW EXCEL TEMPLATE In addition, the company incurs selling and administrative expenses of $226,250.