亨格瑞管理会计英文第15版练习05教材.docVIP

CHAPTER 5 COVERAGE OF LEARNING OBJECTIVES LEARNING OBJECTIVE FUNDA- MENTAL ASSIGNMENT MATERIAL CRITICAL THINKING EXERCISES AND EXERCISES PROBLEMS CASES, EXCEL, COLLAB. INTERNET EXERCISES LO1: Discriminate between relevant and irrelevant information for making decisions. 23,30,37,38 49,50,51,54,57 66 LO2: Apply the decision process to make business decisions. 28,29,39 LO3: Construct absorption and contribution-margin income statements and identify their relevance for decision making. A1,B1 24,31,32,33, 34,35 48 LO4: Decide to accept or reject a special order using the contribution margin technique. A2,B2 36,40 55,56,62 63,64 LO5: Explain why pricing decisions depend on the characteristics of the market. A2,B2 25,42 58 LO6: Identify the factors that influence pricing decisions in practice. 26,41 47,52,53 65 LO7: Compute a target sales price by various approaches, and compare the advantages and disadvantages of these approaches. A3 43,44 LO8: Use target costing to decide whether to add a new product. A4,B3 27,45,46 59,60,61 CHAPTER 5 Relevant Information for Decision Making with a Focus on Pricing Decisions 5-A1 (40-50 min.) 1. INDEPENDENCE COMPANY Contribution Income Statement For the Year Ended December 31, 2009 (in thousands of dollars) Sales $2,200 Less variable expenses Direct material $400 Direct labor 330 Variable manufacturing overhead (Schedule 1) 150 Total variable manufacturing cost of goods sold $880 Variable selling expenses 80 Variable administrative expenses 25 Total variable expenses 985 Contribution margin $ 1,215 Less fixed expenses: Fixed manufacturing overhead (Schedule 2) $345 Selling expenses 220 Administrative expenses 119 Total fixed expenses 684 Operating income $ 531 INDEPENDENCE COMPANY Absorption Income Statement For the Year Ended December 31, 2009 (in thousands of dollars) Sales $2,200 Less manufacturing cost of goods sold: Direct materia