2019 wiley CMAexcel learning system exam review self study guide

WILEY CMAEXCEL 2019 Errata Revised/new text is red Deleted text is struck out In some cases, additional text, before and after the change, may be included to clarity the context or specific location Italicized text is FYI Wiley CMAexcel Learning System Exam Review 2019 Self-Study Guide for Part Date Jan 24 2019 Location Part Section C, Topic – Cost and Variance Measures (pages 257-258) Feb 11 2019 Practice Essay Questions and Answers Question 1A-ES07 (page 574) Practice Essay Questions and Answers Question 1A-ES06 (page 572) Practice Essay Questions and Answers Question 1B5-CQ02 (page 620) Part Section A (page 90) Feb 25 2019 Feb 28 2019 Mar 13 2019 3.22.2019 | Page of Update or Errata During the year, fixed overhead will be incurred; this corresponds to segment CD, which must be plotted at the actual level of activity Fixed overhead is budgeted and corresponds with line E The difference between the amount incurred (CD) and the amount budgeted (E) is the fixed budget spending variance (DE), which is simply the difference between the amount spent and the fixed budget Answer H: (third paragraph) By contrast, if the stated rate is higher than the current market interest rate… In answer J, both instances of 0.7 should be 0.07 The correct answer is: c 1,500 units (a) Revenue is calculated as (20% x ($5,000,000 transaction price - $1,500,000 cost of the elevators)) + $1,500,000 | John Wiley and Sons, Inc WILEY CMAEXCEL 2019 Wiley CMAexcel Learning System Exam Review 2019 Self-Study Guide for Part Date Feb 11 2019 Location Essay Exam Support Materials Question 2C-ES02 (page 560) 3.22.2019 | Page of Update or Errata The following should be added to Answer A underneath the table: Breakeven for Capital Intensive: $2,940,000 ÷ $14.00 = 210,000 units The $2,940,000 is calculated as $2,440,000 incremental fixed manufacturing costs + $500,000 incremental selling expenses Breakeven for Labor Intensive: $1,820,000 ÷ $10.40 = 175,000 units The $1,820,000 is calculated as $1,320,000 incremental fixed manufacturing costs + $500,000 incremental selling expenses | John Wiley and Sons, Inc  .. .WILEY CMAEXCEL 2019 Wiley CMAexcel Learning System Exam Review 2019 Self- Study Guide for Part Date Feb 11 2019 Location Essay Exam Support Materials Question 2C-ES02 (page 560) 3.22 .2019. .. $1,320,000 incremental fixed manufacturing costs + $500,000 incremental selling expenses | John Wiley and Sons, Inc