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ACCT 505 Tutorials ACCT 505 Entire Course ACCT 505 Final Exam • ACCT 505 Week 1-7 All • 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 • ACCT 505 Week 7 Capital Budgeting Course Project • ACCT 505 Final Exam
ACCT 505 Tutorials ACCT 505 Week 1 Case Study ACCT 505 Week 1 • Description Documentation & • Formatting • 10 • 22% • Worksheet will be done in Excel and will contain formulas to receive maximum credit • Organization and Cohesiveness • 15 • 33% • Calculations for all parts should be organized and correctly labeled. • Week 1DQ 1 • Week 1DQ 2 • Week 2DQ 1 • Week 2DQ 2 • Week 3DQ 1 • Week 3DQ 2 • Week 4DQ 1 • Week 4DQ 2 • Week 5DQ 1 • Week 5DQ 2 • Week 6DQ 1 • Week 6DQ 2 • Week 7DQ 1 • Week 7DQ 2
ACCT 505 Tutorials ACCT 505 Week 2 Quiz Job Order and Process Costing Systems ACCT 505 Week 3 Case Study II • 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: • What is the break-even point in passengers and revenues per month? What is the break-even point in number of passenger train cars per month? If Springfield Express raises its average passenger fare to $ 190, it is estimated that the average load factor will decrease to 60 percent. What will be the monthly break-even point in number of passenger cars? (Refer to original data.) Fuel cost is a significant variable cost to any railway.
ACCT 505 Tutorials ACCT 505 Week 4 Midterm Exam ACCT 505 Week 5 Measuring Performance • 5. • Question : • (TCO F) Which of the following statements is true? • I. Overhead application may be made slowly as a job is worked on. • II. Overhead application may be made in a single application at the time of completion of the job. • III. Overhead application should be made to any job not completed at year end in order to properly value the work in process inventory. • · 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. • · 3. A budgeted income statement for the three-month period ending June 30. Use the contribution approach. • · 4. A budgeted balance sheet as of June 30.
ACCT 505 Tutorials ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions ACCT 505 Week 7 Capital Budgeting Course Project • 3. • Question : • (TCO D) Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover, rounded to the nearest tenth? • Required: • 1. Based on the above information and using Excel, calculate the following items for this proposed equipment purchase: • Annual cash flows over the expected life of the equipment Payback period Annual rate of return Net present value Internal rate of return
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