ACC 400 Modern Education--acc400.com

1. ACC 400 Entire Course (UOP) For more course tutorials visit www.acc400.com ACC 400 Week 1 DQs ACC 400 Week 2 DQs ACC 400 Week 3 DQs ACC 400 Week 4 DQs ACC 400 Week 1 E-text Individual Assignments ACC 400 Week 2 E-text Individual Assignments ACC 400 Week 3 E-text Individual Assignments ACC 400 Week 5 E-text Individual Assignments ACC 400 Week 1 Summary ACC 400 Week 2 Summary ACC 400 Week 3 Summary ACC 400 Week 4 Summary ACC 400 Week 5 Summary ACC 400 Week 1 Individual Assignment: Current and Noncurrent Assets Paper ACC 400 Week 2 Learning Team Assignment Assignments from the Readings ACC 400 Week 4 Learning Team Assignment

2. ACC 400 Learning Team Assignment Interpreting Financial Statements Presentation ACC 400 Week 5 DQs ============================================== ACC 400 Final Exam (Written Type) For more course tutorials visit www.acc400.com 1.) records: Work in process inventory, beginning balance $50,000 Cost of direct materials used $350,000 Direct labor cost applied to production $200,000 Cost of finished goods manufactured $750,000 Manufacturing overhead during production was $250,000. What was the work in process inventory on hand at the end of the year? 2.) Walsh Corp. uses direct labor hours to determine their applied manufacturing overhead. They use a rate of $30 per direct labor hour. During the production period, company employees worked 10,000 direct labor hours, and had actual overhead costs of $305,000. a.) journal entry to close out the Manufacturing Overhead account to the Cost of Goods Sold account. b.) Was manufacturing overhead underapplied or was it overapplied? 3.) Sorin Corp. uses process costing for its two production departments: Cutting and Painting. The company’s manufacturing information for the month of August is provided below: Cutting work in process $1,000 $1,200 Costs transferred in ? in Aug $3,500 $5,000 Ending work in process $2,000 a.) Record the transfer costs from the cutting department to the painting department in Aug. b.) Record the transfer costs from the painting department to the finished goods inventory account in Aug. 4.) Badin following information about its most popular product line: Sales price per unit $50 Variable cost per unit $25 Total fixed manufacturing & overhead costs $400,000 Compute the following: a.) Unit contribution margin. b.) Trim Force Corp. had the following information in their accounting Record the year-end Painting Beginning ? Costs incurred $2,500 Corp. has the

3. ============================================= ACC 400 Final Exam For more course tutorials visit www.acc400.com 1. Zelma Company's last financial statements provided the following ratios: Current ratio 3:2 Quick ratio 1:2 Accounts receivable turnover 9.0 times Inventory turnover 8.0 times Net income percentage 12.5% Return on equity 22.6% Return on assets 9.8% To the nearest day, what is the operating cycle for Zelma? a) 80 days b) 86 days c) 172 days d) 129 days 2. The following events have been projected: A. Cash sales and collections from customers totaling $980,000 B. Cash payments for operating expenses of $560,000 C. Cash payments for income taxes and interest expense of $45,000 D. Cash payments of prior period accruals of $80,000 E. Borrowed $50,000 cash by issuing a note payable F. Cash dividends of $20,000 The beginning balance of cash is $45,000. What is the budgeted ending balance of cash? a. $325,000 b. $370,000 c. $275,000 d. $245,000 3. On January 1, a business exchanged a plant asset with a cost of $18,000 and accumulated depreciation of $16,500 for a similar asset that had a list price of $23,000. The business received a trade-in allowance of $2,100 on the old plant asset. What was the result of the exchange? a. A $600 gain on the disposal of a plant asset. b. A $1,000 unrecognized gain on the exchange of a plant asset. c. A cost basis of $22,400 for the new plant asset d. A cost basis of $23,600 for the new plant asset 4. Which one of the following is not an objective of a system of internal controls? a. Safeguard company assets b. ============================================== ACC 400 Week 1 Assignment from the Textbook ( BE16.9, E16.1, E16.2, E16.3, E16.6) For more course tutorials visit www.acc400.com

4. ACC 400 Week 1 Assignment from the Textbook Complete the following activities from the Financial & Managerial Accounting textbook: BE16.9 E16.1 E16.2 E16.3 E16.6 Click the Assignment Files tab to submit your assignment ============================================== ACC 400 Week 1 DQs (UOP) For more course tutorials visit www.acc400.com 1.What is a current asset? What is a non-current asset? What is the difference between the two types of assets? In which financial statement would you find these assets? 2.What is an example of a significant accounting estimate? What is the importance of these estimates? How do ethics play into the decision-making process? Which financial statements include significant accounting estimates? Why? 3.What are internal controls? Why do companies need them? What are some examples of internal controls? Who is responsible for developing internal controls?What are some limitations of internal controls? 4.What are intangible assets? How does a business obtain intangible assets?What is goodwill? Why would a business have an account for goodwill? ============================================== ACC 400 Week 1 Individual Assignment Financial Accounting Versus Managerial Accounting For more course tutorials visit

5. www.acc400.com ACC 400 Week 1 Individual assignment Financial Accounting Versus Managerial Accounting Complete the Role of Financial Accounting Versus Managerial Accounting Matrix. Click the Assignment Files tab to submit your assignment. ============================================== ACC 400 Week 2 Assignment from the Textbook ( E17.15, E18.10, E18.11, E19.2, P19.1A) For more course tutorials visit www.acc400.com ACC 400 Week 2 Assignment from the Textbook Complete the following activities from the Financial & Managerial Accounting textbook: E17.15 E18.10 E18.11 E19.2 P19.1A Write a 350-word paper that compares and contrasts the approaches to costing in E17.15 and E18.10. Distinguish production procedures that match with process costing from those that correspond with job order costing. Additionally, explain how job order costing, when used in conjunction with activity-based costing, can contribute to the allocation of indirect costs. Click the Assignment Files tab to submit your assignment. ============================================= ACC 400 Week 2 DQs (UOP) For more course tutorials visit www.acc400.com Explain what a current liability is and identify the major types of current liabilities.Explain what a long term liability is and provide

6. examples. In which financial statementwould you find these liabilities? ============================================== ACC 400 Week 2 Learning Team Assignment Job Order Costing A Simulation and Vehicle for Conceptual Discussion For more course tutorials visit www.acc400.com ACC 400 Week 2 Learning Team Assignment Job Order Costing: A Simulation and Vehicle for Conceptual Discussion Read "Job Order Costing: A Simulation and Vehicle for Conceptual Discussion" from the Week 2 Electronic Reserve Reading list. Complete Figures 2, 3 and 5 with your Learning Team. Discuss with your Learning Team how to allocate overhead between various jobs. Also discuss how to select an activity base and whether it is best to use one plant- wide cost driver. Write a 350-word paper detailing your Learning Team's discussion response. Click the Assignment Files tab to submit the completed figures and discussion response. ============================================== ACC 400 Week 3 Assignment from the Textbook ( E20.1, E20.7, E21.2, E21.6, BE22.9, P22.1A) For more course tutorials visit www.acc400.com ACC 400 Week 3 Assignment from the Textbook Complete the following activities from the Financial & Managerial Accounting textbook: E20.1 E20.7

7. E21.2 E21.6 BE22.9 P22.1A Click the Assignment Files tab to submit your assignment. ============================================== ACC 400 Week 3 DQs (UOP) For more course tutorials visit www.acc400.com What is horizontal analysis? What is the value in using horizontal analysis? Why would a company use this analysis? What does this analysis tell you? ============================================== ACC 400 Week 4 Assignment from the Textbook ( BE23.6, E23.1, E23.8, E23,9, E24.2, E24.4, E24.6) For more course tutorials visit www.acc400.com ACC 400 Week 4 Assignment from the Textbook Complete the following activities from Financial & Managerial Accounting textbook: BE23.6 E23.1 E23.8 E23,9 E24.2 E24.4 E24.6 Click the Assignment Files tab to submit your assignment. ============================================== ACC 400 Week 4 DQs (UOP) For more course tutorials visit

8. www.acc400.com What are some of the various lease options? When would you use one option over the others? What could be the financial impact of this decision? Under which circumstances would you lease versus purchase? ============================================== ACC 400 Week 4 Learning Team Assignment Standard Cost and Variance Analysis For more course tutorials visit www.acc400.com ACC 400 Week 4 Learning Team Assignment Standard Cost and Variance Analysis Read "Standard Cost and Variance Analysis" from the Week 4 Electronic Reserve Reading list. Complete the provided Standard Cost and Variance Analysis Matrix with your Learning Team, providing at least two reasons why you agree with the author's statements from page 17 and at least two reasons why you would disagree with the author's statement. Each agreement/disagreement statement should be 125 words, at a minimum. ============================================== ACC 400 Week 5 Assignment from the Textbook ( E25.4, E25.5, E25.6, E25.7, E26.8, E26.9, E26.10) For more course tutorials visit www.acc400.com

9. ACC 400 Week 5 Assignment from the Textbook Complete the following activities from the Financial & Managerial Accounting textbook: E25.4 E25.5 E25.6 E25.7 E26.8 E26.9 E26.10 Click the Assignment Files tab to submit your assignment. ==============================================