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For more course tutorials visit<br>www.uophelp.com<br><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 2 Quiz Set 2<br> <br>ACCT 505 Week 3 Case Study II<br> <br>ACCT 505 Week 4 Midterm Exam<br> <br>ACCT 505 Week 5 Course Project 1 LBJ Company (New)<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>ACCT 505 Week 6 Quiz Set 2<br>
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ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Entire Course (New) For more course tutorials visit www.uophelp.com 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 2 Quiz Set 2 ACCT 505 Week 3 Case Study II ACCT 505 Week 4 Midterm Exam ACCT 505 Week 5 Course Project 1 LBJ Company (New) ACCT 505 Week 5 Measuring Performance - Course Project A ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Final Exam (New) All 3 Set For more course tutorials visit www.uophelp.com 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 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Final Exam Guide (New) Set 1 For more course tutorials visit www.uophelp.com 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 1. Question : (TCO C) Longiotti Corporation produces and sells a single product. Dataconcerning that product appear below.
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Final Exam Guide (New) Set 2 For more course tutorials visit www.uophelp.com 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) Question 2.2. (TCO B) Industrial Supply Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. Work in process, beginning: Units in beginning work in process inventory 400 Materials costs $6,900 Conversion costs $2,500
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Final Exam Guide (New) Set 3 For more course tutorials visit www.uophelp.com (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
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Final Exam For more course tutorials visit www.uophelp.com ACCT 505 Final Exam
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Midterm Exam (New) Set 1 For more course tutorials visit www.uophelp.com 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. Question 2.2. (TCO A) Total fixed costs (Points : 6) will increase with increases in activity. will decrease with increases in activity.
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Midterm Exam (New) Set 2 For more course tutorials visit www.uophelp.com 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. Question 2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n) Student Answer: period cost. incremental cost.
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 1 Case Study For more course tutorials visit www.uophelp.com 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
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 1-7 All Discussion Questions For more course tutorials visit www.uophelp.com 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
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 2 Quiz Job Order and Process Costing Systems For more course tutorials visit www.uophelp.com 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: 3.Question :(TCO F) Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows: Units
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 2 Quiz Set 2 For more course tutorials visit www.uophelp.com 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. less than the number of units put into production. the same as the number of units put into production. less than the number of units completed. Question 2. Question : (TCO B)
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 3 Case Study II For more course tutorials visit www.uophelp.com 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
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 4 Midterm Exam For more course tutorials visit www.uophelp.com 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 4.Question : (TCO A) When the activity level is expected to increase within the relevant range, what effects would be anticipated with respect to each of the following? 5.Question :
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 5 Course Project 1 LBJ Company (New) For more course tutorials visit www.uophelp.com COURSE PROJECT 1 INSTRUCTIONS You have just been contracted as a budget consultant by LBJ Company, a distributor of bracelets to various retail outlets across the country. The company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. You have decided to prepare a cash budget for the upcoming fourth quarter in order to show management the benefits that can be gained from proper cash planning. You have worked with accounting and other areas to gather the information assembled below.
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 5 Course Project 1 LBJ Company (New) For more course tutorials visit www.uophelp.com COURSE PROJECT 1 INSTRUCTIONS You have just been contracted as a budget consultant by LBJ Company, a distributor of bracelets to various retail outlets across the country. The company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. You have decided to prepare a cash budget for the upcoming fourth quarter in order to show management the benefits that can be gained from proper cash planning. You have worked with accounting and other areas to gather the information assembled below.
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 6 Quiz Set 2 For more course tutorials visit www.uophelp.com 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 Question 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? Question 1. Question : (TCO D) Data for December concerning Dinnocenzo Corporation's two major business
ACCT 505 Endless Education/Uophelp.Com CJA 234 MART The power of possibility/cja234martdotcom ACCT 505 Week 7 Course Project 2 Capital Budgeting Decision (New) For more course tutorials visit www.uophelp.com ACCT 505 Course Project 2 Hampton Company Capital Budgeting Decision Hampton Company: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the cans instead of purchasing them. The equipment needed would cost $1,000,000, with a disposal value of $200,000, and would be able to produce 27,500,000 cans over the life of the machinery. The production department estimates that approximately 5,500,000 cans would be needed for each of the next 5 years.
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