These Teaching Notes provide the resources, other than the handouts1 included in the case, that accounting faculty need to implement the four hands-on activities into their managerial accounting courses. Each appendix in the Teaching Notes begins with implementation guidance that includes a list of the materials faculty must purchase and preparations that they need to make prior to using the activity. Next, step-by-step instructions guide faculty through the process of executing the activity. Each section concludes with solutions to the handouts distributed to students during the activity or an example of results.
The out-of-pocket cost to undertake this activity is minimal. The newspapers can be acquired through recycling, and the cost of printing and copying the Paper Hat Simulation Activity Handout and activity instructions is typically covered by the instructor's department.
Each of the three student volunteers needs instructions describing her individual task during the production process. Prepare separate...