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ACC 349 MART Lessons in Excellence--acc349mart.com

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ACC 349 MART Lessons in Excellence--acc349mart.com

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  1. ACC 349 MART Lessons in Excellence--acc349mart.com

  2. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Entire Course FOR MORE CLASSES VISIT www.acc349mart.com ACC 349 Week 1 Individual Assignment  BYP 1-7, E1-7ACC 349 Week 1 Discussion Question 1ACC 349 Week 1 Discussion Question 2ACC 349 Week 2 Individual Assignment Assignments CH 2 & 3

  3. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Final Exam Guide (New 2018 with Excel sheet) FOR MORE CLASSES VISIT www.acc349mart.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 Manufacturing overhead $27,300 Selling expenses $23,600 Administrative expenses $33,700 Conversion costs during the month totaled: 2. A soft drink bottler incurred the following factory utility cost: $3,861 for 950 cases bottled and $3,922 for 1,200 cases bottled.

  4. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Final Exam Guide FOR MORE CLASSES VISIT www.acc349mart.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?

  5. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Wee 5 Team Assignment Part 3 (Jeemp Farms) FOR MORE CLASSES VISIT www.acc349mart.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

  6. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 1 Discussion Question 1 FOR MORE CLASSES VISIT www.acc349mart.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

  7. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 1 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc349mart.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?

  8. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 1 Individual Assignment BYP 1-7, E1-7 • FOR MORE CLASSES VISIT • www.acc349mart.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

  9. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 1 Lab Problems FOR MORE CLASSES VISIT www.acc349mart.com Week 1 • Question 1 Segregation of duties o is a preventive control o is a detective control o separates responsibilities for authorizing transactions, recording transactions, and maintaining custody of the related assets • Question 2 The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: Costs incurred: Direct labor cost $ 87,000 Purchases of raw materials $ 131,000

  10. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 2 Connect Problems (with Excel Sheet) FOR MORE CLASSES VISIT www.acc349mart.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

  11. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 2 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc349mart.com • What is activity-based costing? What are some of the key elements of activity-based costing? How does this method differ from a more traditional costing method?

  12. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 2 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc349mart.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?

  13. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 2 Individual Assignment Assignments CH 2 and 3 • FOR MORE CLASSES VISIT • www.acc349mart.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

  14. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 2 Lab Problems FOR MORE CLASSES VISIT www.acc349mart.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

  15. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 2 Team Assignment Case Study BYP 2-2 • FOR MORE CLASSES VISIT • www.acc349mart.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

  16. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 2 Team Assignment Problems Ch. 2 and 3 • FOR MORE CLASSES VISIT • www.acc349mart.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

  17. ACC 349 MART Lessons in Excellence--acc349mart.com Acc 349 week 3 connect problems (with excel sheet) FOR MORE CLASSES VISIT www.acc349mart.com This Tutorial contains Excel Sheet which can be used for any values Q-1 Lehner Corporation has provided the following data from its activity-based costing accounting system: Indirect factory wages $552,000 Factory equipment depreciation $332,000 Distribution of Resource Consumption across Activity Cost Pools: The "Other"

  18. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 3 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc349mart.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?

  19. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 3 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc349mart.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?

  20. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 3 Individual Assignment Article Analysis Summary • FOR MORE CLASSES VISIT • www.acc349mart.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.

  21. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 3 Individual Assignment Assignments Ch. 4 • FOR MORE CLASSES VISIT • www.acc349mart.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

  22. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 3 Team Assignment Case Study Ch. 4 • FOR MORE CLASSES VISIT • www.acc349mart.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

  23. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 3 Team Assignment Part 1 (Jeemp Farms) FOR MORE CLASSES VISIT www.acc349mart.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. His daughter, LieslBeridon, came home from college over Thanksgiving and mentioned ABC costing, which she learned about in her cost accounting class. Mr.Beridon does not really know what ABC costing is and is skeptical as to whether it would be right for his

  24. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 3 Team Assignment Problems Ch. 4 • FOR MORE CLASSES VISIT • www.acc349mart.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

  25. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 4 Connect Problems (with Excel Sheet) FOR MORE CLASSES VISIT www.acc349mart.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.

  26. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 4 Discussion Question 1 FOR MORE CLASSES VISIT www.acc349mart.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.

  27. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 4 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc349mart.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?.

  28. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 4 Individual Assignment Ch. 5 and 6 • FOR MORE CLASSES VISIT • www.acc349mart.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

  29. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 4 Team Assignment Case Study Ch. 6 • FOR MORE CLASSES VISIT • www.acc349mart.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

  30. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 4 Team Assignment Part 2 (Jeemp Farms) FOR MORE CLASSES VISIT www.acc349mart.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. They then may come back to us to

  31. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 4 Team Assignment Problems Ch. 7 • FOR MORE CLASSES VISIT • www.acc349mart.com • Prepare written responses to the following problems from Ch. 7 of Managerial Accounting: Tools for Business Decision Making: • Problem P7-1A

  32. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 5 Connect Problems (With Excel Sheet) FOR MORE CLASSES VISIT www.acc349mart.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. b. The company produced only 1,240 units, using 11,160 pounds of material. (The rest of

  33. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 5 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc349mart.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?

  34. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 5 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc349mart.com • What is the difference between external and internal pricing? What factors must be considered when setting internal transfer pricing between divisions of a company? What are the different methods of setting internal transfer pricing? Which is the most effective? Why?

  35. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 5 Individual Assignment Ch. 8, 9, and 11 • FOR MORE CLASSES VISIT • www.acc349mart.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 • Ch. 11 – Exercise E11-6

  36. ACC 349 MART Lessons in Excellence--acc349mart.com ACC 349 Week 5 Signature Assignment Ethics on the Job (2 Papers) FOR MORE CLASSES VISIT www.acc349mart.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.

  37. ACC 349 MART Lessons in Excellence--acc349mart.com • ACC 349 Week 5 Team Assignment Problems Ch. 8 and 11 • FOR MORE CLASSES VISIT • www.acc349mart.com • Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making: • Ch. 8 – Problem P8-2A • Ch. 11 – Problem P11-4A

  38. ACC 349 MART Lessons in Excellence--acc349mart.com

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