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¬For more classes visits www.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 ACC 543 Exercise 24-5A Determining net present value – PowerPoint PPT presentation

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Title: ACC 543 Apprentice tutors / snaptutorial.com


1
ACC 543 Slingshot Academy / snaptutorial.com
For More Tutorials
www.snaptutorial.com
2
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Entire Course
  • ACC 543 Aspects of Employment
  • 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
  • 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

3
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Capital Budget Recommendation
  • ACC 543 Exercise 15-6B
  • 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.
  • 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.

4
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Exercise 15-12B
  • 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.
  •  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.

5
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Exercise 16-9A
  • ACC 543 Exercise 18-17A
  • 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
  • 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.

6
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Exercise 18-17B Process Cost System Cost
  • ACC 543 Exercise 19-24A Assessing Simultaneous
  • 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
  •  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.

7
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Exercise 22-6A Using a flexible budget
  • ACC 543 Exercise 24-1 Net Present Value Present
    Value
  • 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

8
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Exercise 24-3A Present Value Analysis
  • ACC 543 Exercise 24-4A Determining the present
    value
  • 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. Required a.
  • 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.

9
ACC 543 Slingshot Academy / 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,
  • 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.

10
ACC 543 Slingshot Academy / snaptutorial.com
  • ACC 543 Exercise 24-6A Determining Net Present
  • ACC 543 Exercise 24-8A Determining the Internal
  • 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.
  • 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.
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