Case Problems in Management Accounting

Tables of Contents Introduction PART ONE: DEVELOPING AND USING COST INFORMATION 1-1 Introductory ..Prestige Telephone Company COST/VOLUME/PROFIT RELATIONSHIPS 1-2 Break-even and profit planning ..Golden West Steakhouse, Inc. 1-3 Pricing decisions .. Lille Tissages, S.A. 1-4 Corporate overhead and divisional profit ..Spencer Corporation COST ANALYSIS FOR PROJECT PLANNING 1-5 Project choice ..Wayland Publishing Company DETERMINING RELEVANT COSTS 1-6 Basic contribution analysis ..Crowe Chemical Division 1-7 Overhead costs and contribution analysis .. Richardson Paints 1-8 Overhead costs and contribution analysis ..A/S Dansk Minox, Copenhagen 1-9 Opportunity costs ..Industrial Grinders NV 1-10 Complex contribution analysis ..The Liquid Chemical Company ANALYSIS OF MULTIPERIOD PROJECTS 1-11 Basic issues in capital budgeting ..Riverbend Telephone Company 1-12 Basic issues in capital budgeting ..Reto S.A. 1-13 Managerial issues in capital budgeting ..Majestic Tool Company 1-14 Managerial issues in capital budgeting ..Ballwin Oil Corporation (B) 1-15 Managerial issues in capital budgeting ..Texana Petroleum Corporation PART TWO: COST ACCOUNTING SYSTEMS AND ANALYSIS OF PERFORMANCE COST ACCOUNTING SYSTEMS 2-1 Basic standard cost systems ..Colorado Kayaks, Inc. 2-2 Basic standard cost systems ..Germantown Manufacturing, Inc. 2-3 Full costing versus direct costing ..Shaw Confectioners, Ltd. 2-4 Complex cost accounting systems ..Universal Motors, Ltd. 2-5 Cost accounting for services ..The Hyatt Hill Health Center 2-6 Cost accounting for services ..Houston Dialysis Center ANALYZING PERFORMANCE 2-7 Profitability analysis ..Waltham Motors Division 2-8 Profitability analysis ..Solartronics, Inc. (B) 2-9 Profitability analysis ..Leitel Manufacturing Company 2-10 Profit variance analysis ..Managing against Expectations (A) 2-11 Profit variance analysis ..Ewing Ice Cream Company 2-12 Profit variance analysis ..Sabre Concrete Company PART THREE: MANAGEMENT ACCOUNTING IN PLANNING AND CONTROL BUDGETING 3-1 Budget cycles ..Hanson Industries (A) 3-2 Budget cycles ..Hanson Industries (B) 3-3 Budget processes .. Del Norte Paper Company (B) 3-4 Budget processes ..Larsen-Walker, Ltd. 3-5 Long range planning ..The Quaker Oats Company RESPONSIBILITY CENTERS 3-6 Assigning responsibility ..Brondes Motors 3-7 Revenue, cost, or profit centers ..Laitier S. A. 3-8 Transfer price problems: Domestic ..Birch Paper Company 3-9 Transfer price problems: Domestic ..Ballwin Oil Corporation (C) 3-10 Transfer price problems: International ..Del Norte Paper Company (A) 3-11 Transfer price problems: International ..Kirkman Products DIVISIONAL PERFORMANCE MEASURMENT 3-12 Computational and conceptual issues ..Divisional Performance Evaluation Exercises 3-13 Return on investment ..Enager Industries, Inc. 3-14 Incentive compensation programs ..Pullen Lumber Company 3-15 Adjustments for inflation ..The Case of the Deflated Chemist 3-16 Adjustments for inflation .. American Standard, Inc. 3-17 Reported earnings versus NPV assessment ..ES, Inc. FORMAL PLANNING AND RESOURCE ALLOCATION 3-18 Capital budgeting systems ..Del Norte Paper Company (C) 3-19 Comprehensive planning and reporting systems ..The Galvor Company (R-3) 3-20 Combining operational and formal planning ..OST at Texas Instruments PART FOUR: SPECIAL ISSUES AND COMPREHENSIVE CASES SPECIAL ISSUES 4-1 Financial accounting and performance measurement ..Metolius Acres 4-2 Financial accounting and performance measurement ..Metroplex Developers, Inc. 4-3 Regulatory authorities and accounting data ..The Lone Star Gas Hearings COMPREHENSIVE CASES 4-4 ..Wayside Inns, Inc. 4-5 ..Multiquimica do Brasil