1 / 43

ACC 349 help Making Decisions/uophelp.com

For more course tutorials visit<br>www.uophelp.com<br><br><br><br>What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision making? Why? As a manager, which would you prefer? Why?

Lilium150
Download Presentation

ACC 349 help Making Decisions/uophelp.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACC 349 help Making Decisions/uophelp.com For more course tutorials visit www.uophelp.com

  2. ACC 349 Discussion 4 For more course tutorials visit www.uophelp.com What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision making? Why? As a manager, which would you prefer? Why?

  3. ACC 349 Discussion 5 For more course tutorials visit www.uophelp.com For what is cost-volume-profit (CVP) analysis used? What are some main underlying assumptions that make CVP analysis useful for decision makers? Why might decision makers use CVP analysis?  What is contribution margin?  What is break even point?  How are these used?

  4. ACC 349 Discussion 6 For more course tutorials visit www.uophelp.com What are some main differences between financial and managerial accounting? How do these differences affect the type of information that must be gathered and reported? What different types of decisions must users of financial accounting information make? What different types of decisions must users of managerial accounting information make?  How does managerial accounting apply to your career?  What is the code of conduct for managerial accountants?

  5. ACC 349 Discussion 7 For more course tutorials visit www.uophelp.com What are the cost classifications for assigning cost to cost objects?  What are the cost classifications for manufacturing companies?  What are cost classifications for preparing financial statements?  What are cost classifications for predicting cost behavior?   What are mixed cost?

  6. ACC 349 Discussion 8 For more course tutorials visit www.uophelp.com What is a master budget? What are some underlying budgets that form the master budget?  What are the advantages of budgeting? What is the budgeting process at your organization? Is it effective? Why or why not?

  7. ACC 349 Discussion 9 For more course tutorials visit www.uophelp.com What are the characteristics of a flexible budget?  How does a flexible budget work?  Do you have experience with this type of budgeting?

  8. ACC 349 Discussion 10 For more course tutorials visit www.uophelp.com What are some of the potential problems with standard cost?  Please explain your thoughts

  9. ACC 349 Entire Course For more course tutorials visit www.uophelp.com ACC 349 Week 1 Individual Assignment  BYP 1-7, E1-7 ACC 349 Week 1 Discussion Question 1 ACC 349 Week 1 Discussion Question 2 ACC 349 Week 2 Individual Assignment Assignments CH 2 & 3 ACC 349 Week 2 Team Assignment Problems  Ch. 2 & 3 ACC 349 Week 2 Team Assignment Case Study BYP 2-2

  10. ACC 349 Final Exam Guide (New 2017 with Excel sheet) For more course tutorials visit www.uophelp.com Excel Sheet can be used for any change in values, it automatically gives correct answers 1. The following costs were incurred in September:    Direct materials         $42,700     Direct labor   $29,400  

  11. ACC 349 Final Exam Guide For more course tutorials visit www.uophelp.com 1) What does cost accounting measure, record, and report? 2) What is the best way to handle manufacturing overhead costs in order to get the most timely job cost information? 3) At the end of the year, manufacturing overhead has been overapplied. What occurred to create this situation?

  12. ACC 349 Wee 5 Team Assignment Part 3 (Jeemp Farms) For more course tutorials visit www.uophelp.com You have completed the analysis of ABC and determined whether it is a good option for Jeemp Farms.  Create a 5- to 10-slide presentation with speaker notes for Jeemp Farms management that addresses the following: Explain ABC costing and how it is different than traditional costing. Explain the advantages/disadvantages of using ABC costing. Define the terminology that is used in an ABC costing system.

  13. ACC 349 Week 1 Discussion Question 1 For more course tutorials visit www.uophelp.com What are some of the key differences between financial and managerial accounting? How do these differences impact the type of information that must be gathered and reported? What are the different types of decisions that users of financial accounting information must make? What are the different types of decisions that users of managerial accounting information must make?

  14. ACC 349 Week 1 Discussion Question 2 For more course tutorials visit www.uophelp.com What are the differences between a direct cost and an indirect cost? Which is the more difficult cost to track? Why? How do indirect costs affect the cost of a product? Should indirect costs be included in product cost? Why or why not?

  15. ACC 349 Week 1 Individual Assignment BYP 1-7, E1-7 For more course tutorials visit www.uophelp.com Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only

  16. ACC 349 Week 1 Lab Problems For more course tutorials visit www.uophelp.com Week 1 • Question 1    Segregation of duties ois a preventive control ois a detective control oseparates responsibilities for authorizing transactions, recording transactions, and maintaining custody of the related assets

  17. ACC 349 Week 2 Connect Problems (with Excel Sheet) For more course tutorials visit www.uophelp.com This Tutorial contains Excel Sheet which can be used for any values  Week 2 • Question 1       The Hartford Symphony Guild is planning its annual dinnerdance. The dinnerdance committee has assembled the following expected costs for the event:  Dinner (per person)      $10 Favors and program (per person)      $4 Band      $700 Rental of ballroom     $2,000

  18. ACC 349 Week 2 Discussion Question 2 For more course tutorials visit www.uophelp.com What are value-added processes? How do you determine if a process adds value? How does identification of value-added processes help a company run more efficiently and effectively?

  19. ACC 349 Week 2 Individual Assignment Assignments CH 2, 3 For more course tutorials visit www.uophelp.com Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making: Ch. 2 – Exercises E-2-6 and E2-9 Ch. 3 – Exercises E3-5 and E3-9 Ch. 3 – Questions 2 and 3

  20. ACC 349 Week 2 Lab Problems For more course tutorials visit www.uophelp.com Week 2 • Question 1         The Hartford Symphony Guild is planning its annual dinnerdance. The dinnerdance committee has assembled the following expected costs for the event: Dinner (per person)                                             $10 Favors and program (per person)                        $4 Band                                                                   $700 Rental of ballroom                                              $2,000 Professional entertainment during intermission              $2,000 Tickets and advertising                                                   $700

  21. ACC 349 Week 2 Team Assignment Case Study BYP 2-2 For more course tutorials visit www.uophelp.com Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2

  22. ACC 349 Week 2 Team Assignment Problems Ch. 2 & 3 For more course tutorials visit www.uophelp.com Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making: Ch. 2 – Problem P2-4A Ch. 3 – Problem P3-3A

  23. ACC 349 Week 3 For more course tutorials visit www.uophelp.com For what is cost-volume-profit (CVP) analysis used? What are some of the key underlying assumptions that make CVP analysis useful for decision makers? Why might decision makers use CVP analysis?

  24. ACC 349 Week 3 Discussion Question 2 For more course tutorials visit www.uophelp.com What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision-making? Why? As a manager, which would you prefer? Why?

  25. ACC 349 Week 3 Individual Assignment Article Analysis Summary For more course tutorials visit www.uophelp.com Use the Internet or other credible resources to find an article relevant to activity-based costing (ABC), job costing, or process costing. Write a 125-word summary of the article. Summarize the major topics of the article, and explain what you learned as a result of your reading. Format your summary consistent with APA guidelines.

  26. ACC 349 Week 3 Individual Assignment Assignments Ch. 4 For more course tutorials visit www.uophelp.com Prepare written responses to the following assignments from Ch. 4 of Managerial Accounting: Tools for Business Decision Making: Exercises E4-10 and E4-11 Questions 13 and 14

  27. ACC 349 Week 3 Team Assignment Case Study Ch. 4 For more course tutorials visit www.uophelp.com Prepare written responses to the following case study from Ch. 4 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 4-2

  28. ACC 349 Week 3 Team Assignment Part 1 (Jeemp Farms) For more course tutorials visit www.uophelp.com Read the following scenario below: Leighton Beridon owns "Jeemp Farms", located near Weimar, TX. The farm produces pecan trees and sod. He has so many orders from the Houston metropolitan area that he is able to sell all his inventory each year, but he is not netting as much as he has in past years.

  29. ACC 349 Week 3 Team Assignment Problems Ch. 4 For more course tutorials visit www.uophelp.com Prepare written responses to the following problems from Ch. 4 of Managerial Accounting: Tools for Business Decision Making: Problems P4-3A and P4-4A

  30. ACC 349 Week 4 Connect Problems (with Excel Sheet) For more course tutorials visit www.uophelp.com This Tutorial contains Excel Sheet which can be used for any values  Q-1 Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company’s planning budget for May appears below: During May, the company’s activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity.

  31. ACC 349 Week 4 Discussion Question 1 For more course tutorials visit www.uophelp.com What are some of the advantages and disadvantages of standard costs? How do managers determine what the standard cost should be? Describe the effect of inaccurate standard costs on financial reporting

  32. ACC 349 Week 4 Discussion Question 2 For more course tutorials visit www.uophelp.com When should variances be investigated? Who should be responsible for correcting a negative variance? Why? What are some factors that can lead to variances? How can variances be corrected?

  33. ACC 349 Week 4 Individual Assignment Ch. 5 and 6 For more course tutorials visit www.uophelp.com Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making: Ch. 5 – Exercises E5-1 and E5-9 Ch. 6 – Exercises E6-7 and E6-10

  34. ACC 349 Week 4 Team Assignment Case Study Ch. 6 For more course tutorials visit www.uophelp.com Prepare written responses to the following case study from Ch. 6 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 6-2

  35. ACC 349 Week 4 Team Assignment Part 2 (Jeemp Farms) For more course tutorials visit www.uophelp.com Mr.Beridon received your requests for information and returned data which you have compiled in an Microsoft® Excel® spreadsheet (see document template). He also said, "We grow sod and trees at Jeemp Farms. We sell the sod mainly to home builders in the area, although we sell to some individuals who are purchasing square footages to re-sod their yard. Many home builders will purchase to sod an entire subdivision.

  36. ACC 349 Week 4 Team Assignment Problems Ch. 7 For more course tutorials visit www.uophelp.com Prepare written responses to the following problems from Ch. 7 of Managerial Accounting: Tools for Business Decision Making: Problem P7-1A

  37. ACC 349 Week 5 Connect Problems (With Excel Sheet) For more course tutorials visit www.uophelp.com This Tutorial contains Excel Sheet which can be used for any change in values, get your 100% score with our sheet   Week 5  • Question 1    Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:                                    Standard During the most recent month, the following activity was recorded: a. Twelve thousand four hundred pounds of material were purchased at a cost of $2.90 per pound.

  38. ACC 349 Week 5 Discussion Question 1 For more course tutorials visit www.uophelp.com What is a master budget? What are some of the underlying budgets that form the master budget? What is the budgeting process at your organization? Is it effective? Why or why not?

  39. ACC 349 Week 5 Discussion Question 2 For more course tutorials visit www.uophelp.com http://www.uophelp.com/acc-349/product-103-ACC-349-Week-5-Discussion-Question-2

  40. ACC 349 Week 5 Individual Assignment Ch. 8, 9 and 11 For more course tutorials visit www.uophelp.com Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making: Ch. 8 – Exercises E8-11 Ch. 9 – Brief Exercises BE9-6 and BE9-8 Ch. 11 – Questions 2 and 11

  41. ACC 349 Week 5 Signature Assignment Ethics on the Job (2 Papers) For more course tutorials visit www.uophelp.com This Tutorial contains 2 Papers About Your Signature Assignment Signature/Benchmark Assignments are designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree.

  42. ACC 349 Week 5 Team Assignment Problems Ch. 8 & 11 For more course tutorials visit www.uophelp.com Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making: Ch. 8 – Problem P8-2A Ch. 11 – Problem P11-4Ae.

  43. ACC 349 help Making Decisions/uophelp.com For more course tutorials visit www.uophelp.com

More Related