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1ACC 543 learning consultant / snaptutorial.com
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2ACC 543 learning consultant / snaptutorial.com
- ACC 543 Capital Budget Recommendation
- ACC 543 Aspects of Employment and Environment
Paper and PowerPoint
- Capital Budget Recommendation Guillermo
Furniture, a company that manufactures midgrade
and high-end sofas, has just hired you as an
accountant. The owner, Guillermo Navallez, has
assigned you the tasks of determining which
decisions provide the greatest returns. Read the
Guillermo Furniture Scenario and review the
Guillermo Furniture Data Sheets on your student
Web site.
- Aspects of Employment and Environment Paper and
PowerPoint You are an accountant at a small
accounting firm. One of your clients is looking
to open a small river-rafting business. Your
client will run the business operations from a
mobile home office on a piece of land on the
riverbank. Your client must decide the best
location to start this business and has asked you
to explain the accounting advantages of choosing
the best location.
3ACC 543learning consultant / snaptutorial.com
- ACC 543 Capital Budget Recommendation
- ACC 543 Aspects of Employment and Environment
Paper and PowerPoint - ACC 543 Exercise 24-1 Net Present Value/Present
Value Index - ACC 543 Exercise 24-8A Determining the Internal
Rate of Return - ACC 543 Exercise 24-6A Determining Net Present
Value - ACC 543 Exercise 24-5B Purchase of Popcorn
Machine
- Exercise 15-6B Fixed versus variable cost
behavior Professional Chairs Corporation produces
ergonomically designed chairs favored by
architects. The company normally produces and
sells from 5,000 to 8,000 chairs per year.
4ACC 543learning consultant / snaptutorial.com
- ACC 543 Exercise 15-17A Identifying Cost Behavior
- Exercise 15-12B Effect of cost structure on
projected profits Logan and Martin compete in the
same market. The following budgeted income
statements illustrate their cost structures.
Required a. Assume that Logan can lure all 80
customers away from Martin by lowering its sales
price to 75 per customer. Reconstruct Logans
income statement based on 160 customers.
-
- Exercise 15-17A Identifying Cost Behavior
Identify the following costs as fixed or
variable. Costs related to plane trips between
San Diego, California, and Orlando, Florida,
follow. Pilots are paid on a per trip basis. a.
Pilots salaries relative to the number of trips
flown. b. Depreciation relative to the number of
planes in service. c. Cost of refreshments
relative to the number of passengers. d. Pilots
salaries relative to the number of passengers on
a particular trip.
5ACC 543learning consultant / snaptutorial.com
- Exercise 16-9A Mimosa Corporation expects to
incur indirect overhead costs of 72,000 per
month and direct manufacturing costs of 11 per
unit. The expected production activity for the
first four months of 2007 is as follows. Required
a. Calculate a predetermined overhead rate based
on the number of units of product expected to be
made during the first four months of the year.
- Exercise 18-17A Hamby Company had 250 units of
product in its work in process inventory at the
beginning of the period and started 2,000
additional units during the period. At the end of
the period, 750 units were in work in process
inventory. The ending work in process inventory
was estimated to be 60 percent complete.
6ACC 543learning consultant / snaptutorial.com
- ACC 543 Exercise 18-17B-- Process Cost System
Cost of Production Report
- ACC 543 Exercise 19-24A -- Assessing Simultaneous
Changes in CVP Relationships
- Exercise 18-17B Process Cost System Cost of
Production Report At the beginning of 2004,
Dozier Company had 1,800 units of product in its
work in process inventory, and it started 19,200
additional units of product during the year. At
the end of the year, 6,000 units of product were
in the work in process inventory. The ending work
in process inventory was estimated to be 50
percent complete.
- Exercise 19-24A Assessing Simultaneous Changes
in CVP Relationships Green Shades Inc. (GSI)
sells hammocks variable costs are 75 each, and
the hammocks are sold for 125 each. GSI incurs
250,000 of fixed operating expenses annually.
Required a. Determine the sales volume in units
and dollars required to attain a 50,000 profit.
Verify your answer by preparing an income
statement using the contribution margin format.
7ACC 543learning consultant / snaptutorial.com
- ACC 543 Exercise 24-1 Net Present Value Present
Value Index
- ACC 543 Exercise 22-6A Using a flexible budget to
accommodate market uncertainty
- Exercise 22-6A Using a flexible budget to
accommodate market uncertainty According to its
original plan, Katta Consulting Services Company
would charge its customers for service at 200
per hour in 2006. The company president expects
consulting services provided to customers to
reach 40,000 hours at that rate.
- Exercise 24-1 Net Present Value/Present Value
Index The management team at Savage Corporation
is evaluating two alternative capital investment
opportunities. The first alternative, modernizing
the companys current machinery, costs 45,000.
Management estimates the modernization project
will reduce annual net cash outflows by 12,500
per year for the next five years.
8ACC 543learning consultant / snaptutorial.com
- ACC 543 Exercise 24-3A Present Value Analysis
- ACC 543 Exercise 24-4A Determining the present
value of an annuity
- Exercise 24-3A Present Value Analysis Ginger
Smalley expects to receive a 300,000 cash
benefit when she retires five years from today.
Ms. Smalleys employer has offered an early
retirement incentive by agreeing to pay her
180,000 today if she agrees to retire
immediately. Ms. Smalley desires to earn a rate
of return of 12 percent.
- Exercise 24-4A Determining the present value of
an annuity The dean of the School of Social
Science is trying to decide whether to purchase a
copy machine to place in the lobby of the
building. The machine would add to student
convenience, but the dean feels compelled to earn
an 8 percent return on the investment of funds.
9ACC 543learning consultant / snaptutorial.com
- ACC 543 Exercise 24-5A Determining net present
value
- ACC 543 Exercise 24-5B Purchase of Popcorn
Machine
- Exercise 24-5A Determining net present value
Transit Shuttle Inc. is considering investing in
two new vans that are expected to generate
combined cash inflows of 20,000 per year. The
vans combined purchase price is 65,000. The
expected life and salvage value of each are four
years and 15,000, respectively.
- Exercise 24-5B Purchase of Popcorn Machine Heidi
Kahn, manager of the Grand Music Hall, is
considering the opportunity to expand the
companys concession revenues. Specifically, she
is considering whether to install a popcorn
machine. Based on market research, she believes
that the machine could produce incremental cash
inflows of 1,600 per year
10ACC 543learning consultant / snaptutorial.com
- ACC 543 Exercise 24-6A Determining Net Present
Value
- ACC 543 Exercise 24-8A Determining the Internal
Rate of Return
- Exercise 24-6A Determining Net Present Value
Travis Vintor is seeking part-time employment
while he attends school. He is considering
purchasing technical equipment that will enable
him to start a small training services company
that will offer tutorial services over the
Internet. Travis expects demand for the service
to grow rapidly in the first two years of
operation as customers learn about the
availability of the Internet assistance.
- Exercise 24-8A Determining the Internal Rate of
Return Medina Manufacturing Company has an
opportunity to purchase some technologically
advanced equipment that will reduce the companys
cash outflow for operating expenses by 1,280,000
per year. The cost of the equipment is
6,186,530.56. Medina expects it to have a
10-year useful life and a zero salvage value.
11ACC 543learning consultant / snaptutorial.com
- ACC 543 Flexible Budgets Team Paper
- Flexible Budgets Team Paper Write a paper of no
more than 1,050 words in which you discuss
flexible budgets. Explain the relationship
between fixed and variable costs used in a
flexible budget. Discuss the differences between
static and flexible budgets and how a flexible
budget lends itself to a cost-volume-profit
analysis. Format your paper consistent with APA
guidelines
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