ACCT 556 Course Success is a Tradition - snaptutorial.com

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ACCT 556 Course Success is a Tradition
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ACCT 556 Course Success is a Tradition
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• ACCT 556 Week 1 Homework Problems

• ACCT 556 Week 2 Homework Assignment

• The new president of the Wernecke Company was
  stumped. Why had profits gone down? He had
  directed the sales department to push the product
  with the highest contribution margin, and the
  sales department had come through with flying
  colors. The percent of flams sold had increased
  from 25 of units sold to 37.5 of units sold. So
  what happened?

• Required
• 1. Predict the sales for 2006 using the moving
  average method.
• 2. You noticed a sudden jump in sales in 2002.
  After inquiring about this jump, you were told
  that there was a one-time sale for 200,000 in
  that year that is not likely to be repeated. What
  revision, if any, would you make in the sales
  information used for projection?

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ACCT 556 Course Success is a Tradition
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• ACCT 556 Week 3 Homework Problems

• ACCT 556 Week 4 Homework Problems

• Engineering has developed the following standards
  upon which the production budgets will be
  developed
  
  
• Item Standard
  
• Materials usage 5 lbs per unit
  
• Material price per pound 1.50 per pound
  
• Labor usage 0.4 hours per unit

• Week 4 Capital Budgeting Practice problem
  
  
  
• You have the following data about a proposed
  project
  
  
• Cost of new equipment 80,000
  
• Increase need for Working Capital (to be released
  at end of project) 20,000
  

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ACCT 556 Course Success is a Tradition
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• ACCT 556 Week 5 Homework Assignment

• ACCT 556 Week 6 Homework Problem

• ACCT 556
• Week 5 Problem
• Cash Budget
• Note It is expected that this problem will be
  complete using an Excel spreadsheet using
  formulas. Please see the Excel Tutorial that is
  available under the course home tab.
  

• Information from recent budgets for the coming
  year
• 1. Projected sales are 1,800,000 (12,690 units)
  
• 2. Projected direct material purchases are
  500,000
• 3. Projected direct material usage is 495,000
  
• 4. Projected direct labor expense is 400,000
  
• 5. Projected overhead is 380,000
  

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ACCT 556 Course Success is a Tradition
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• ACCT 556 Week 7 Course Project (Fanciful Inc)

• ACCT 556 Week 7 Course Project Fantastic Inc

• ACCT 556 Week 7 Course Project

• Fantastic, Inc. is a case study which allows you
  to incorporate numerous financial and managerial
  accounting concepts into a single business
  setting. You will take the position of the
  company controller who will prepare the budget
  for the year ended December 31, 2006, using the
  actual data from 2001 through 2005 and
  information given to you by various departments.

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ACCT 556 Course Success is a Tradition
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• ACCT 556 Week 7 Homework Problem

• 1. Is this project economically feasible? Show
  work in an excel spreadsheet that lists the
  benefit for each individual.
• 2. Would this project be approved by a majority
  at a majority at a referendum?
• 3. Does the project meet the Pareto efficiency
  improvement criterion?

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