管理会计双语版学习辅助资料.docx

管理会计Managerial Accounting（双语32）学习辅助资料2013-2014-1学期28第一部分 授课计划使用教材：Managerial Accounting（会计学-管理会计分册，James M. Reeve等，杜兴强改编），中国人民大学出版社，教育部高校工商管理类教学指导委员会双语教学推荐教材 总计学时：32周次月/日讲 课课外作业课外阅读章 节 名 称时数内容及题数时数参考书页数19.2-9.7Chapter18 Managerial Accounting Concepts and Principles 2见辅助资料人民大学出版社29.8-9.14Chapter18 Managerial Accounting Concepts and Principles2同上管理会计学39.15-9.21Chapter21 Cost Behavior and CVP Analysis2同上第6版49.22-9.28Chapter21 Cost Behavior and CVP Analysis2同上59.29-10.5Chapter21 Cost Behavior and CVP Analysis2同上610.6-10.12Chapter22 Budgeting2同上710.13-10.19Chapter22 Budgeting2同上810.20-10.26Chapter23 Performance Evaluation Using Variances from Standard Costs2同上910.27-11.2Chapter23 Performance Evaluation Using Variances from Standard Costs2同上1011.3-11.9Chapter23 Performance Evaluation Using Variances from Standard Costs2同上1111.10-11.16Chapter24 Performance Evaluation for Decentralized Operations2同上1211.17-11.23Chapter24 Performance Evaluation for Decentralized Operations2同上1311.24-11.30Chapter25 Differential Analysis and Product Pricing2同上1412.1-12.7Chapter25 Differential Analysis and Product Pricing2同上1512.8-12.14Chapter25 Differential Analysis and Product Pricing2同上1612.15-12.21Review and Test2同上第二部分 成绩评定项目次数方式及要求分值课堂考核- 点名、专业术语默写、课堂翻译、 提问等（请假需导员签字的假条， 无特殊情况，请假3次，算1次缺 课；迟到等同于缺课；缺课6课 时，本课记0分）20% 课后作业8 日常作业6次，综合练习2次。 要求书面。雷同者记0分30% 期末测试1全英文，闭卷，120分钟50%第三部分 主要内容Terminology-专业术语（自查中文，了解术语的含义）Major Contents -本章主要内容（给出的是教材上的一级和二级标题，加的部分略看，其他需要精读）Questions-思考题（取自每一章课后的Eye Openers）School Assignments-作业题（需要做书面作业）Chapter 18 Managerial Accounting Concepts and PrinciplesTerminology: managerial accounting ( or management accounting ); financial accounting; financial statements; stakeholders; shareholders; creditor; government agencies; general public; line department; staff department; management process; planning; directing; controlling; improving; decision making; strategy planning; operational planning; management by exception; Generally Accepted Accounting Principles; service companies; merchandising companies; manufacturing companies; direct cost; indirect cost; period costs; product costs; manufacturing costs; cost object; direct materials cost; direct labor cost; factory overhead; prime costs; conversion costs; selling expenses; administrative expenses; cost of merchandise sold; cost of goods sold; materials inventory; work in process inventory; finished goods inventory; balance sheet; income statement; merchandise available for sale; cost of goods manufactured; cost of finished goods available for sale; statement of cost of goods manufactured.Major Contents:1. Managerial AccountingDifferences Between Managerial Accounting and Financial Accounting The Management Accountant in the Organization Managerial Accounting in the Management Process 2. Manufacturing Operations: Costs and Terminology Direct and Indirect CostsManufacturing Costs3. Financial Statements for a Manufacturing BusinessBalance Sheet for a Manufacturing BusinessIncome statement for a manufacturing company 4. Uses of Managerial Accounting Questions: (on page 2021)Eye openers: 1, 4, 13, 14, 15, 16, 18, 20, 21.School assignments:No.Chapter 21 Cost Behavior and Cost-Volume-Profit AnalysisTerminology: cost behavioractivity baserelevant rangevariable costsvariable cost per unit or unit variable costfixed costsfixed cost per unitmixed costshigh-low methodvariable costingcost-volume-profit analysisselling pricesales volumeproduction volumeprofitincome from operationscontribution marginunit contribution margincontribution margin ratio or profit-volume ratiobreak-even pointbreak-even sales( units)break-even sales( dollars)target profitcost-volume-profit chartbreak-even chartprofit-volume chart“what if ”analysis or sensitivity analysissales mix operating leveragemargin of safetymargin of safety(units)margin of safety(dollars)Major Contents：（all should be read intensively）1. Cost BehaviorVariable CostsFixed CostsMixed Costs2. Cost-Volume-Profit RelationshipContribution MarginContribution Margin RatioUnit Contribution Margin3. Mathematical Approach to Cost-Volume-Profit AnalysisTarget Profit4. Graphic Approach to Cost-Volume-Profit AnalysisCost-Volume-Profit (Break-Even) ChartProfit-Volume ChartUse of Computers in Cost-Volume-Profit AnalysisAssumptions of Cost-Volume-Profit Analysis5. Special Cost-Volume-Profit RelationshipSales Mix ConsiderationsOperating LeverageMargin of SafetyQuestions: (on page 99100)Eye openers: 1;3;9;11;14;15.School assignment: PR 21-1AWest Coast Apparel Co. manufactures a variety of clothing types for distribution to several major retail chains. The following costs are incurred in the production and sale of blue jeans:a. Salary of production vice presidentb. Property taxes on property, plant, and equipmentc. Electricity costs of $0.12 per kilowatt-hourd. Salesperson's salary, $30,000 plus 2% of the total salese. Consulting fee of $100,000 paid to industry specialist for marketing advicef. Shipping boxes used to ship ordersg. Dyeh. Threadi. Salary of designers j. Brass buttonsk. Janitorial supplies, $2,000 per monthl. Legal fees paid to attorneys in defense of the company in a patent infringement suit, $40,000 plus $150 per hourm. Straight-line depreciation on sewing machinesn. Insurance premiums on property, plant, and equipment, $50,000 per year plus $4 per $20,000 of insured value over $10,000,000o. Hourly wages of machine operators p. p. Fabricq. Rental costs of warehouse, $4,000 per month plus $3 per square foot of storage used r. r. Rent on experimental equipment, $40,000 per years. Leather for patches identifying the brand on individual pieces of apparel t.t. SuppliesInstructionsClassify the preceding costs as either fixed, variable, or mixed. Use the following tabular headings and place an "X in the appropriate column. Identify each cost by letter in the cost column.CostFixed CostVariable CostMixed CostPR 21-5A Data related to the expected sales of snowboards and skis for Winter Sports Inc. for the current year, which is typical of recent years, are as follows:ProductsUnit Selling PriceUnit Variable CostSales MixSnowboards$250.00$170.0040%Skis340.00160.0060%The estimated fixed costs for the current year are $420,000.Instructions1. Determine the estimated units of sales of the overall product necessary to reach the break-even point for the current year.2. Based on the break-even sales (units) in part (1), determine the unit sales of both snowboards and skis for the current year.3. Assume that the sales mix was 60% snowboards and 40% skis. Compare the break-even point with that in part (1). Why is it so different?PR 21-6ASoldner Health Care Products Inc. expects to maintain the same inventories at the end of 2010 as at the beginning of the year. The total of all production costs for the year is assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during 2010. A summary report of these estimates is as follows: Estimated Fixed CostEstimated Variable Cost (per unit sold)Production costs: Direct materials $18.00 Direct labor12.00 Factory overhead$318,0009.00Selling expenses: Sales salaries and commissions65,5004.00Advertising22,500 Travel5,000Miscellaneous selling expense5,5003.50Administrative expenses:Office and officers' salaries65,000Supplies8,0001.50Miscellaneous administrative expense10,5002.00Total$500,000$50.00It is expected that 20,000 units will be sold at a price of $100 a unit. Maximum sales within the relevant range are 25,000 units.Instructions1. Prepare an estimated income statement for 2010.2. What is the expected contribution margin ratio?3. Determine the break-even sales in units.4. Construct a cost-volume-profit chart indicating the break-even sales.5. What is the expected margin of safety in dollars and as a percentage of sales?6. Determine the operating leverage.PR 21-1B Gaelic Industries Inc., operating at full capacity, sold 22,350 units at a price of $150 per unit during 2010. Its income statement for 2010 is as follows:Sales$3,352,500Cost of goods sold 2,200,000Gross profit$1,152,500Expenses: Selling expenses $250,000 Administrative expenses250,000 Total expenses 500,000Income from operations$ 652,500The division of costs between fixed and variable is as follows:FixedVariableCost of sales60%40%Selling expenses50%50%Administrative expenses55%45%Management is considering a plant expansion program that will permit an increase of $900,000 in yearly sales. The expansion will increase fixed costs by $242,500, but will not affect the relationship between sales and variable costs.Instructions1. Determine for 2010 the total fixed costs and the total variable costs.2. Determine for 2010 (a) the unit variable cost and (b) the unit contribution margin.3. Compute the break-even sales (units) for 2010.4. Compute the break-even sales (units) under the proposed program.5. Determine the amount of sales (units) that would be necessary under the proposed program to realize the $652,500 of income from operations that was earned in 2010.6. Determine the maximum income from operations possible with the expanded plant.7. If the proposal is accepted and sales remain at the 2010 level, what will the income or loss from operations be for 2011?8. Based on the data given, would you recommend accepting the proposal? Explain.Chapter 22 BudgetingTerminology: budgetsresponsibility centerbudgetary slackgoal conflictcontinuous budgetingzero-based budgetingstatic budgetflexible budgetmaster budgetincome statement budgetssales budgetproduction budgetdirect materials purchases budgetdirect labor cost budgetfactory overhead cost budgetcost of goods sold budgetselling and administrative expenses budgetbudgeted income statementbalance sheet budgetscash budgetcapital expenditures budgetbudget balance sheetoperating activitiesfinancing activitiesinvesting activitiesMajor Contents:1. Nature and Objectives of BudgetingObjectives of BudgetingHuman Behavior and Budgeting 2. Budgeting SystemsStatic BudgetFlexible BudgetComputerized Budgeting Systems 3. Master Budget4. Income Statement BudgetsSales BudgetProduction BudgetDirect Materials Purchases BudgetDirect Labor Cost BudgetFactory Overhead Cost BudgetCost of Goods Sold BudgetSelling and Administrative Expenses BudgetBudgeted Income Statements5. Balance Sheet BudgetsCash BudgetCapital Expenditures BudgetBudgeted Balance SheetQuestions: (on page 125126)Eye openers:1,3,5,6,8,11,12,14.School assignments: (Preparing an operating budget)Randys Kayaks, Inc., manufactures and sells one person fiberglass kayaks. Randys balance sheet for the year ended December 31,2011,was as follows：RANDYS KAYAKS, INC.Balance SheetDecember 31,2011AssetsLiabilities Current assetsCurrent liabilities Cash $52,000 Accounts payable$131,000 Accounts receivable1,200,000Income taxes payable45,000 Inventories:Total current liabilities176,000 Raw materials$120,000Long-term liabilities Finished goods287,500407,500 Notes payable70,000 Total current assets1,659,500 Total liabilities246,000Stockholders EquityPlant Assets, net of accumulated depreciation2,250,000 Common stock1,600,000 Retained earnings2,063,500 Total equity3,663,500Total assets$3,909,500Total liabilities and stockholders equity$3,909,500The following additional data about Randys sales, production costs, and other expenses follow:Randys Kayaks, Inc., additional data:Time period for which to budgetCash collections:(all sales are on account) Collected in the quarter of sale40% Collected in the quarter after sale60% Bad debt percentage1%Cash disbursements: Paid in quarter of purchase70% Paid in quarter after purchase30%Ending raw materials inventory40% of next quarters salesEnding finished goods inventory10% of next quarters salesBeginning raw materials inventory,12/31/201140,000 poundsBeginning finished goods inventory,12/31/20111,000 kayaksBudgeted sales, 1st quarter, 201210,000 kayaksBudgeted sales, 2nd quarter, 201215,000 kayaksBudgeted sales, 3rdquarter, 201216,000 kayaksBudgeted sales, 4th quarter, 201214,000 kayaksBudgeted sales, 1st quarter, 201310,000 kayaksEquipment purchases, 1st quarter, 2012$30,000 purchased 1/1/2012Equipment purchases, 2nd quarter, 2012$0Equipment purchases, 3rd quarter, 2012$0Equipment purchases, 4th quarter, 2012$150,000 purchased 12/30/2012Quarterly dividends declared and paid each quarter in 2012$4,000Expected sales price per unit$400.00Standard cost data: Direct materials$3.00 per pound, 10 pounds per kayak Direct labor$20.00 per DL hour, 10 hours per kayak Variable factory overhead$5.00 per DL hour Fixed factory overhead$34,375 per month Variable selling(includes uncollectible account expense)$25.00 per kayak Fixed selling and administrative expenses: Insurance $45,000 per quarter Sales salaries$30,000 per quarter Depreciation expensemanufacturing$9,000 per quarter Depreciation expense-selling$6,000 per quarterMinimum required cash balance$50,000Interest rate on loans6%Loans are made and repaid in $10,000 increments at the end of each quarter.Provision for income tax payable is assumed to stay the same.Instruction 1. Prepare the sales budget.2. Prepare the production budget.3. Prepare the selling and administrative budget.4. Prepare the direct materials purchases budget.5. Prepare the direct la