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AccountingManagerial AccountingGlobal editionNEW*9780078025419*2013 (January 2012) / 736 pagesISBN: 9780078025419ISBN: GE ISBN unavailable at press timeINTRODUCTIONTO MANAGERIALACCOUNTING6th EditionBy Peter C Brewer, Miami University ofOh-Oxford, Ray H Garrison, Brigham YoungUniversity-Provo and Eric Noreen, University ofWashingtonIntroduction to Managerial Accounting, 6/e by Brewer/Garrison/Noreen is based on the market-leading text, Managerial Accounting,by Garrison, Noreen and Brewer. Brewer 6e is a briefer, more accessible,and thoroughly student-friendly text that satisfies the basicneeds of the managerial accounting student without unnecessarydepth on advanced topics associated with the follow-up course costaccounting/cost management. Faculty and students alike will find thisnew edition has retained the hallmark features of the Garrison brand:author-written supplements, excellent readability, terrific examples,and balanced end-of-chapter material. In addition, Connect Accountingfor Brewer/Garrison/Noreen has been expanded with new learningresources for your students.New to this editionMcGraw-Hill’s Connect Accounting offers a number of powerfultools and features to make managing assignments easier, so you canspend more time teaching. Students can engage with their courseworkanytime and anywhere, making the learning process more accessibleand efficient. In short, Connect Accounting facilitates student learningand optimizes your time and energies, enabling you to focus oncourse content, teaching, and student learning.• Create and deliver online, auto-graded homework assignments,quizzes, and tests directly from the end-of-chapter materials ortest bank. Problems are available as both static and algorithmicproblems, and there are also multiple-choice conceptual questions.• Students receive immediate, detailed feedback on their assignments,allowing them to focus on the areas where they needimprovement.• Questions mapped to AACSB and AICPA skill areas, Bloom’sTaxonomy levels, learning objectives, and difficulty level enableyou to run reports that assess specific learning outcomes.• NEW! LearnSmart ensures your students are learning faster, studyingmore efficiently, and retaining more knowledge. It pinpointsconcepts the student does not understand and maps out a personalizedstudy plan for success. Based on students’ self-diagnosesof their proficiency, LearnSmart intelligently provides studentswith a series of adaptive questions. This provides students with apersonalized one-on-one tutor experience.• NEW! Select key problems offer Guided Examples next to theassigned problems to show how to work through a similar problem.Students can learn from this video to then solve their ownassigned problems• NEW! Interactive Presentations teach the core learning objectivesof the text in a multimedia format, bringing the key concepts to life.• Detailed Feedback offers the option to present worked-out solutionsto the problem, showing the students each step of the process.Appropriate chapters and problems include calculator keystrokesolutions in addition to formulas.• A Self Quiz and Study program allows students to evaluate theirperformance through a practice test and then receive recommendationsfor specific readings from the text, supplemental studymaterial, and practice work that will improve their mastery of eachlearning objective.• Pre-built assignments are available to save you set up time.NEW! Chapter Updates• Chapter 1 (Managerial Accounting and Cost Concepts) has beenrewritten to include coverage of mixed costs and contribution formatincome statements. The redundant coverage of the scheduleof cost of goods manufactured has been eliminated so that it isnow only covered in Chapter 2. The comparison of financial andmanagerial accounting has been moved to the Prologue.• Chapter 2 (Job-Order Costing) has added a cost formula approachto computing predetermined overhead rates.• Chapter 6 (Variable Costing and Segment Reporting: Tools forManagement) – the variable costing appendix has been expandedto an entire chapter. The coverage of segmented income statementshas been moved to this chapter.• Chapter 8 (Flexible Budgets, Standard Costs, and Variance Analysis)combines material from two chapters in the previous edition.It discusses flexible budgets and their application in service businesses.It also explains how standards can be used to separatespending variances into quantity and price variances.• Chapter 9 (Performance Measurement in Decentralized Organizations)has been reorganized, moving the segmented income statementsto an earlier chapter and adding nonfinancial performancemeasures to the chapter.• Chapter 12 (Statement of Cash Flows) has been completelyoverhauled to simplify the process of creating a statement of cashflows and to expand the discussion of how to interpret the statementof cash flows.NEW! “Helpful Hint” boxes are found several times throughouteach chapter and include a variety of common mistakes, key points,and “pulling it all together” insights for students.NEW! Each chapter now contains one “Foundational 15” exercisethat includes fifteen “building-block” questions related to one conciseset of data. These exercises can be used for in-class discussion oras homework assignments. They are found before the Exercises andare available in Connect Accounting.NEW! “Take Two” is a new end of chapter feature that provides asecond set of alternate numbers for selected exercises. The numberscan be plugged into the exercise, thereby providing instructors anoption to work out the same exercise more than once during class,sometimes showcasing a much different variation in the solution tofacilitate an additional learning opportunity. The alternate solutionscan be found in the instructor’s solutions manual.NEW! “Applying Excel” is a new end-of-chapter feature thatprovides students with an opportunity to build their own Excel worksheetsand formulas. Students are then asked “what if” questions inwhich they analyze how and why the related pieces of accountingdata affect each other. This feature will also be integrated in Connect. “Decision Point” boxes combine the “Decision Maker” and “YouDecide” boxes from previous editions into one feature that fosterscritical thinking and decision-making skills by providing real-worldbusiness scenarios that require resolution of a business issue. Thesuggested solution is located at the end of the chapter. (Example:Shoe Store Manager, Chapter 9.)Connect Plus Accounting. This packaging option combines allthe great features of Connect Accounting, along with access to anonline version of Introduction to Managerial Accounting, 6e, so thatstudents can easily refer back to the text for review and guidance.This media rich e-book links directly to tutorials and online resourcesand offers additional functionality like taking notes and highlightingkey passages for reviewing later.22