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ASH ACC 206 NEW Tutorials ACC 206 Entire Course (New) ACC 206 Week 1 Assignment Chapter One Problems (New) • ACC 206 Week 1 Assignment Chapter One Problems • ACC 206 Week 1 DQ1 Cash Flows Information • ACC 206 Week 1 DQ2 Apple's Cash Flow • Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed?
ASH ACC 206 NEW Tutorials ACC 206 Week 1 DQ 2 Apple's Cash Flow (New) ACC 206 Week 1 DQ1 Cash Flows Information (New) • . Review the cash flow statement for Apple. How would you summarize Apple’s cash flow position and what does this statement tell you about where the money is coming from and where it’s going? What would you suggest Apple’s do to improve its cash position and why? • Review your peers’ postings. Respond to at least two of classmates, letting them know whether you agree with the use of the cash flow statement and why. Additionally, share elements of the cash flow statement that you see as being the greatest interest to investors (as opposed to internal management) and why.
ASH ACC 206 NEW Tutorials ACC 206 Week 2 Assignment Chapter Two and Three Problems (New) ACC 206 Week 2 DQ1 Stock Features (New) • a. Jackson Corporation has common stock with a par value of $1 per share. • b. Royal Corporation has no-par common with a stated value of $5 per share. • c. French Corporation has no-par common; no stated value has been assigned • 1. What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what type of stock would you want to buy personally and why?
ASH ACC 206 NEW Tutorials ACC 206 Week 2 DQ2 Role of Management Accounting (New) ACC 206 Week 2 Journal Institute of Management Accounting (New) • Review the roles of management accounting within a company. What is the most important role of management accounting? How is that different than financial accounting? • Are you surprised by the topics that management accountants are focusing on? Why or why not? What interests you more, financial accounting or management accounting?
ASH ACC 206 NEW Tutorials ACC 206 Week 3 Assignment Chapter Four and Five Problems (New) ACC 206 Week 3 DQ 2 CVP and the Airline Industry (New) • Cleveland Metals uses a job cost system and applies factory overhead to production at a predetermined rate of 180% of direct labor cost. Data pertaining to recent operations follow. • Read the Zacks Investment Research article, “Airline Industry Stock Outlook – August 2012” Identify three factors that are affecting airline company’s ability to break even. For each of your factors, discuss how these have an impact on the breakeven (contribution margin, fixed costs, variable costs, a combination, etc.).
ASH ACC 206 NEW Tutorials ACC 206 Week 3 DQ1 Issues in Costing (New) ACC 206 Week 3 Journal Hershey Company (New) • Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold. For each of your issues, provide an example of a company or industry where these issues could be present. • Hershey use to account for its cost of goods sold and why. Include a few product costs you think would be traceable, which costs should be allocated, and how Hershey should account and apply the manufacturing overhead costs.
ASH ACC 206 NEW Tutorials ACC 206 Week 4 Assignment Chapter Six and Seven Problems (New) ACC 206 Week 4 DQ 2 Flexible Budgets (New) • Schedule of cash collectionsSugarland Company sells a single product and anticipates opening a new facility in Charlotte on May 1 of the current year. Expected sales during the first three months of activity are: May, $60,000; June, $80,000; and July, $85,000. Thirty percent of all sales are for cash; the remaining 70% are on account. • Flexible budgets provide different information than static budgets. Discuss some of these differences. Is a flexible budget always better? Are there times when you’d recommend using a static budget over a flexible budget?
ASH ACC 206 NEW Tutorials ACC 206 Week 4 DQ1 Issues in Standard Costs and Budgeting (New) ACC 206 Week 5 Assignment Chapter Eight Problems (New) • Review the Standard costs: wake up and smell the coffee.article. When evaluating performance, many organizations compare current results with the actual results of previous accounting periods. Is an organization that follows this approach likely to encounter any problems? Explain. • Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable).
ASH ACC 206 NEW Tutorials ACC 206 Week 5 Assignment Final Paper (New) ACC 206 Week 5 DQ 1 Long-term Decision Making (New) • In order to help out the CEO, you need to prepare a six- to eight-page report that will contain the following information (including exhibits, but excluding your references and title page). Refer to the accompanying Excel spreadsheet (available through your online course) for some specific cost and profit information to complete the calculations. • Review your peer’s posts. Respond to at least two of your peers describing how these issues can be overcome by the tools discussed in this chapter and why (i.e., looking at IRR, NPV, cash flow).
ASH ACC 206 NEW Tutorials ACC 206 Week 5 DQ 2 Responsibilities in Management Accounting (New) • What are some of the ethical responsibilities and obligations that management accountants have within an organization? Provide some examples. Are these responsibilities different than the obligations for financial accountants?
