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For more course tutorials visit<br>www.acct505.com<br>ACCT 505 Week 1-7 All Discussion Questions<br> <br>ACCT 505 Week 1 Case Study<br> <br>ACCT 505 Week 2 Quiz Job Order and Process Costing Systems<br> <br>ACCT 505 Week 3 Case Study II<br> <br>ACCT 505 Week 4 Midterm Exam<br> <br>ACCT 505 Week 5 Measuring Performance - Course Project A<br> <br>ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions<br> <br>
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ACCT 505 Course Experience Tradition / acct505.com The goal of higher education should be to champion the airing of all honest viewpoints. Nothing less is acceptable. For more Tutorials Visit Now www.acct505.com
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Entire Course (Devry) ACCT 505 Week 1-7 All Discussion Questions ACCT 505 Week 1 Case Study ACCT 505 Week 2 Quiz Job Order and Process Costing Systems ACCT 505 Week 3 Case Study II ACCT 505 Week 4 Midterm Exam ACCT 505 Week 5 Measuring Performance - Course Project A ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Final Exam (New) All 3 Set Score 248/250 Multiple Choice 2 Short 2 Essay 7 Question 1 : (TCO E) Designing a new product is a(n) 2. Question : (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Final Exam Guide (New) Set 1 Score 248/250 Multiple Choice 2 Short 2 Essay 7 Question 1 : (TCO E) Designing a new product is a(n) 2. Question : (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Final Exam Guide (New) Set 2 Set 2 1. (TCO C) Madlem, Inc., produces and sells a single product whose selling price is $120.00 per unit and whose variable expense is $46.20 per unit. The company's fixed expense is $405,900 per month. Required: Determine the monthly breakeven in either unit or total dollar sales. Show your work! (Points : 25)
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Final Exam Guide (New) Set 3 (TCO E) Preparing purchase orders is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. 2. (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000 (Points : 5)
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Final Exam (Devry) ACCT 505 Final Exam
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Midterm Exam (New) Set 1 Score 144/150 Multiple Choice 10 Essay 4 1. (TCO A) Direct material cost is a part of (Points : 6) Conversion Cost NO.... Prime Cost NO. Conversion Cost YES.... Prime Cost NO. Conversion Cost YES.... Prime Cost YES. Conversion Cost NO.... Prime Cost YES.
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Midterm Exam (New) Set 2 Multiple Choice 10 9 Essay 4 Question 1. Question : (TCO A) The variable portion of advertising costs is a Student Answer: Conversion YES... Period NO. Conversion YES .... Period YES. Conversion NO.... Period NO. Conversion NO.... Period YES.
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 1 Case Study (Devry) Top Switch Inc. designs and manufactures switches used in telecommunications. Serious flooding throughout the state of Tennessee affected Top Switch’s facilities. Inventory was completely ruined, and the company’s computer system, including all accounting records, was destroyed.Before the unfortunate incident, recovery specialists cleaned the buildings. The company controller is very nervous and anxious to recover whatever records he can to support the insurance claim for the destroyed inventory. After consulting with the cost accountant, they decide to retrieve the previous year’s annual report for the beginning inventory numbers. In addition, they also agreed that they need first quarter cost data.
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 1-7 All Discussion Questions (Devry) Week 1DQ 1 Cost Terms, Classifications, and Behavior Week 1DQ 2 Research and Application Week 2DQ 1 Job Order and Process Costing Systems Week 2DQ 2 Research and Application Week 3DQ 1 Variable Costing and CVP Concepts Week 3DQ 2 Research and Application Week 4DQ 1 Budgeting Case Study Week 4DQ 2 Exam Review Week 5DQ 1 Standards, Variances, Flexible Budgets Week 5DQ 2 Research and Application Week 6DQ 1 Segment Reporting and Relevant Costs Week 6DQ 2 Research and Application Week 7DQ 1 Capital Budgeting
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 2 Quiz Job Order and Process Costing Systems (Devry) 1. Question : (TCO F) For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing system? 2. Question : (TCO F) Process costing would be appropriate for each of the following except:
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 2 Quiz Set 2 Essay 4 Multiple Choice 6 Question 1. Question : (TCO B) Assume there is no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. The number of equivalent units with respect to materials costs under the weighted average method is Student Answer: the same as the number of units completed.
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 3 Case Study 4–20 Ethics and the Manager This Tutorial contains Excel file only that is solution to case study CASE 4–20 Ethics and the Manager, Understanding the Impact of Percentage Completion on Profit—Weighted-Average Method [Course Objective B] Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in El Segundo, California. Production managers are paid a salary and get an additional bonus equal to 5% of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company’s annual report has been prepared and issued to stockholders.
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 3 Case Study II (Devry) Springfield Express is a luxury passenger carrier in Texas. All seats are first class, and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3,150,000 What is the break-even point in passengers and revenues per month?
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 4 Midterm Exam (Devry) 1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a 2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n) 3. Question : (TCO A) Depreciation of office buildings and office equipment is also known as
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 5 Measuring Performance - Course Project A (Devry) Prepare a master budget for the three-month period ending June 30. Include the following detailed budgets: · 1. oa. A sales budget, by month and in total. ob. A schedule of expected cash collections from sales, by month and in total. oc. A merchandise purchases budget in units and in dollars. Show the budget by month and in total. od. A schedule of expected cash disbursements for merchandise purchases, by month and in total. · 2. A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000.
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions (Devry) 1.Question : (TCO D) Return on investment (ROI) is equal to the margin multiplied by 2. Question : (TCO D) For which of the following decisions are opportunity costs relevant? The decision to make or buy a needed part The desision to keep or drop a product line (A) Yes Yes (B) Yes No
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 6 Quiz Set 2 Multiple Choice 3 Short 5 Question 1. Question : (TCO D) Return on investment (ROI) is equal to the margin multiplied by Question 2. Question : (TCO D) For which of the following decisions are opportunity costs relevant? The decision to make or buy a needed part The decision to keep or drop a product line
ACCT 505 Course Experience Tradition / acct505.com ACCT 505 Week 7 Capital Budgeting Course Project (Devry) Here is Part B: Clark Paints: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost $200,000 with a disposal value of $40,000 and would be able to produce 5,500,000 cans over the life of the machinery. The production department estimates that approximately 1,100,000 cans would be needed for each of the next five years. The company would hire three new employees. These three individuals would be full-time employees working 2,000 hours per year and earning $12.00 per hour.
ACCT 505 Course Experience Tradition / acct505.com The goal of higher education should be to champion the airing of all honest viewpoints. Nothing less is acceptable. For more Tutorials Visit Now www.acct505.com