Sm Ch 16 
CHAPTER 16
MANAGEMENT ACCOUNTING: A BUSINESS PARTNER
OVERVIEW OF BRIEF EXERCISES, EXERCISES, PROBLEMS, AND CRITICAL
THINKING CASES
Brief
Exercises
B. Ex. 16.1
B. Ex. 16.2
B. Ex. 16.3
B. Ex. 16.4
B. Ex. 16.5
B. Ex. 16.6
B. Ex. 16.7
B. Ex. 16.8
B. Ex. 16.9
Topic
Product vs. period costs
Direct material used
Cost of goods sold
Materials inventory
Direct labor journal entries
Manufacturing overhead assigned
Inventory balances
Work in process balances
Prime vs. conversion costs
B. Ex. 16.10
Partial balance sheet
Exercises
16.1
16.2
16.3
16.4
16.5
16.6
Topic
Accounting terminology
Basic types of manufacturing costs
Product and period costs
Flow of costs through manufacturing accounts Schedule of cost of finished goods manufactured Flow of costs through manufacturing accounts 16.7
Manipulating accounting figures
16.8
16.9
16.11
Design of management accounting systems
Preparing an income statement using the cost of finished goods manufactured
Preparing an income statement using the cost of finished goods manufactured
Real World: General Electric Company
16.12
Management accounting system design
Costs at Hobart Industries
16.10
16.13
Real World: Classifying costs at misc. companies Learning
Objectives
16-3
16-4
16-3, 16-4
16-4
16-2, 16-4
16-4, 16-5
16-4
16-4
16-3, 16-4,
16-5
16-3
Skills
Analysis, communication
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Learning
Objectives
16-1–16-5
16-2
16-3, 16-5
16-4
Analysis
Analysis
Analysis
Analysis
16-6
Analysis
16-3, 16-4,
16-5
Analysis
16-1
Skills
Analysis, communication, judgment 16-1
16-4, 16-6
Analysis, judgment
Analysis
16-4, 16-6
Analysis
16-1
Analysis, judgment
16-3, 16-4, Analysis
16-6
16-2, 16-3, Analysis
16-5
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGrawHill Education.
Exercises
16.14
16.15
Problems
Sets A, B
16.1 A,B
16.2 A,B
16.3 A,B
16.4 A,B
16.5 A,B
16.6
MANAGEMENT ACCOUNTING: A BUSINESS PARTNER
OVERVIEW OF BRIEF EXERCISES, EXERCISES, PROBLEMS, AND CRITICAL
THINKING CASES
Brief
Exercises
B. Ex. 16.1
B. Ex. 16.2
B. Ex. 16.3
B. Ex. 16.4
B. Ex. 16.5
B. Ex. 16.6
B. Ex. 16.7
B. Ex. 16.8
B. Ex. 16.9
Topic
Product vs. period costs
Direct material used
Cost of goods sold
Materials inventory
Direct labor journal entries
Manufacturing overhead assigned
Inventory balances
Work in process balances
Prime vs. conversion costs
B. Ex. 16.10
Partial balance sheet
Exercises
16.1
16.2
16.3
16.4
16.5
16.6
Topic
Accounting terminology
Basic types of manufacturing costs
Product and period costs
Flow of costs through manufacturing accounts Schedule of cost of finished goods manufactured Flow of costs through manufacturing accounts 16.7
Manipulating accounting figures
16.8
16.9
16.11
Design of management accounting systems
Preparing an income statement using the cost of finished goods manufactured
Preparing an income statement using the cost of finished goods manufactured
Real World: General Electric Company
16.12
Management accounting system design
Costs at Hobart Industries
16.10
16.13
Real World: Classifying costs at misc. companies Learning
Objectives
16-3
16-4
16-3, 16-4
16-4
16-2, 16-4
16-4, 16-5
16-4
16-4
16-3, 16-4,
16-5
16-3
Skills
Analysis, communication
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Learning
Objectives
16-1–16-5
16-2
16-3, 16-5
16-4
Analysis
Analysis
Analysis
Analysis
16-6
Analysis
16-3, 16-4,
16-5
Analysis
16-1
Skills
Analysis, communication, judgment 16-1
16-4, 16-6
Analysis, judgment
Analysis
16-4, 16-6
Analysis
16-1
Analysis, judgment
16-3, 16-4, Analysis
16-6
16-2, 16-3, Analysis
16-5
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGrawHill Education.
Exercises
16.14
16.15
Problems
Sets A, B
16.1 A,B
16.2 A,B
16.3 A,B
16.4 A,B
16.5 A,B
16.6