ACCT 505 Innovative Educator/ACCT 505.com

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ACCT 505 Innovative Educator/ACCT 505.com
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ACCT 505 Innovative Educator

• ACCT 505 Entire Course (Devry)
• For more course tutorials visit
• www.acct505.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 3 Case Study II
• ACCT 505 Week 4 Midterm Exam
• ACCT 505 Week 5 Measuring Performance - Course
  Project A

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ACCT 505 Innovative Educator

• ACCT 505 Final Exam (Devry)
• For more course tutorials visit
• www.acct505.com
• ACCT 505 Final Exam

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ACCT 505 Innovative Educator

• ACCT 505 Week 1 Case Study (Devry)
• For more course tutorials visit
• www.acct505.com
• Top Switch Inc. designs and manufactures switches
  used in telecommunications. Serious flooding
  throughout the state of Tennessee affected Top
  Switchs facilities. Inventory was completely
  ruined, and the companys 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 inventory. After
  consulting with the cost accountant, they decide
  to retrieve the previous years annual report for
  the beginning inventory numbers. In addition,
  they also agreed that they need first quarter
  cost data.

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ACCT 505 Innovative Educator

• ACCT 505 Week 1-7 All Discussion Questions
  (Devry)
• For more course tutorials visit
• www.acct505.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
• Week 6DQ 1 Segment Reporting and Relevant Costs

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ACCT 505 Innovative Educator

• ACCT 505 Week 2 Quiz Job Order and Process
  Costing Systems (Devry)
• For more course tutorials visit
• www.acct505.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.

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ACCT 505 Innovative Educator

• ACCT 505 Week 3 Case Study II (Devry)
• For more course tutorials visit
• www.acct505.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

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ACCT 505 Innovative Educator

• ACCT 505 Week 4 Midterm Exam (Devry)
• For more course tutorials visit
• www.acct505.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

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ACCT 505 Innovative Educator

• ACCT 505 Week 5 Measuring Performance - Course
  Project A (Devry)
• For more course tutorials visit
• www.acct505.com
• Prepare a master budget for the three-month
  period ending June 30. Include the following
  detailed budgets
• 1.
• oa. A sales budget, by month and in total.
• ob. A schedule of expected cash collections from
  sales, by month and in total.
• oc. A merchandise purchases budget in units and
  in dollars. Show the budget by month and in
  total.
• od. A schedule of expected cash disbursements for
  merchandise purchases, by month and in total.

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ACCT 505 Innovative Educator

• ACCT 505 Week 6 Quiz Segment Reporting and
  Relevant Costs for Decisions (Devry)
• For more course tutorials visit
• www.acct505.com
• 1.Question
• (TCO D) Return on investment (ROI) is equal to
  the margin multiplied by
• 2.
• Question
• (TCO D) For which of the following decisions are
  opportunity costs relevant?
• The decision to make or buy a needed part
• The desision to keep or drop a product line

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ACCT 505 Innovative Educator

• ACCT 505 Week 7 Capital Budgeting Course Project
  (Devry)
• For more course tutorials visit
• www.acct505.com
• Here is Part B
• Clark Paints The production department has been
  investigating possible ways to trim total
  production costs. One possibility currently being
  examined is to make the paint cans instead of
  purchasing them. The equipment needed would cost
  200,000 with a disposal value of 40,000 and
  would be able to produce 5,500,000 cans over the
  life of the machinery. The production department
  estimates that approximately 1,100,000 cans would
  be needed for each of the next five years.
• The company would hire three new employees. These
  three individuals would be full-time employees
  working 2,000 hours per year and earning 12.00
  per hour. They would also receive the same
  benefits as other production employees, 18 of
  wages in addition to 2,500 of health benefits.

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ACCT 505 Innovative Educator