Title: ACCT 505 Dreams Come True /uophelp.com
1ACCT 505 Dreams Come True /Uophelp.Com
For More Course Tutorials Visit Www.Uophelp.Com
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Entire Course (New) For more course
tutorials visit www.uophelp.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 2 Quiz Set
2 ACCT 505 Week 3 Case Study II ACCT 505 Week 4
Midterm Exam ACCT 505 Week 5 Course Project 1
LBJ Company (New)
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Final Exam For more course tutorials
visit www.uophelp.com ACCT 505 Final Exam
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Final Exam (New) All 3 Set For more
course tutorials visit www.uophelp.com Score
248/250 Multiple Choice 2 Short 2 Essay
7 Question 1 (TCO E) Designing a new product is
a(n) 2. Question (TCO G) Given the following
data, what would ROI be? Sales 70,000 Net
operating income 10,000 Contribution margin
20,000 Average operating assets
50,000 Stockholder's equity 25,000
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Final Exam Guide (New) Set 1 For more
course tutorials visit www.uophelp.com Score 248
/250 Multiple Choice 2 Short 2 Essay 7 Question
1 (TCO E) Designing a new product is a(n) 2. Que
stion (TCO G) Given the following data, what wou
ld ROI be? Sales 70,000 Net operating income 10,
000 Contribution margin 20,000
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Final Exam Guide (New) Set 2 For more
course tutorials visit www.uophelp.com Set 2 1.
(TCO C) Madlem, Inc., produces and sells a single
product whose selling price is 120.00 per unit
and whose variable expense is 46.20 per unit.
The company's fixed expense is 405,900 per
month. Required Determine the monthly breakeven
in either unit or total dollar sales. Show your
work! (Points 25) Question 2.2. (TCO B)
Industrial Supply Corporation uses the
weighted-average method in its process costing
system. Data concerning the first processing
department for the most recent month are listed
below. Work in process, beginning Units in
beginning work in process inventory 400
Materials costs 6,900
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Final Exam Guide (New) Set 3 For more
course tutorials visit www.uophelp.com (TCO E)
Preparing purchase orders is a(n) (Points 5)
batch-level activity. product-level
activity. unit-level activity.
organization sustaining activity. 2. (TCO G)
Given the following data, what would ROI be?
Sales 70,000 Net operating income 10,000
Contribution margin 20,000 Average operating
assets 50,000 Stockholder's equity 25,000
(Points 5) 28.6
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Midterm Exam (New) Set 1 For more
course tutorials visit www.uophelp.com Score
144/150 Multiple Choice 10 Essay 4 1. (TCO A)
Direct material cost is a part of (Points 6)
Conversion Cost NO.... Prime Cost NO.
Conversion Cost YES.... Prime Cost NO.
Conversion Cost YES.... Prime Cost YES.
Conversion Cost NO.... Prime Cost YES. Question
2.2. (TCO A) Total fixed costs (Points 6)
will increase with increases in activity.
will decrease with increases in activity.
are not affected by activity.
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Midterm Exam (New) Set 2 For more
course tutorials visit www.uophelp.com Multiple
Choice 10 9 Essay 4 Question 1. Question (TCO
A) The variable portion of advertising costs is
a Student Answer Conversion YES... Period NO.
Conversion YES .... Period YES.
Conversion NO.... Period NO. Conversion
NO.... Period YES. Question 2. Question
(TCO A) A cost incurred in the past that is not
relevant to any current decision is classified as
a(n)
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 1 Case Study For more course
tutorials visit www.uophelp.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.
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 1-7 All Discussion Questions For
more course tutorials visit www.uophelp.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 Week 6DQ 2 Research
and Application Week 7DQ 1 Capital Budgeting
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 2 Quiz Job Order and Process
Costing Systems For more course tutorials
visit www.uophelp.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. The company adds
materials at the beginning
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 2 Quiz Set 2 For more course
tutorials visit www.uophelp.com Essay
4 Multiple Choice 6 Question 1. Question (TCO
B) Assume there is no beginning work in process
inventory and the ending work in process
inventory is 100 complete with respect to
materials costs. The number of equivalent units
with respect to materials costs under the
weighted average method is Student Answer the
same as the number of units completed. less
than the number of units put into production.
the same as the number of units put into
production. less than the number of units
completed.
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 3 Case Study II For more course
tutorials visit www.uophelp.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 Fixed operating cost per
month 3,150,000
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 4 Midterm Exam For more course
tutorials visit www.uophelp.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 4.Question
(TCO A) When the activity level is expected to
increase within the relevant range, what effects
would be anticipated with respect to each of the
following? 5.Question (TCO F) Which of the
following statements is true?
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 5 Course Project 1 LBJ Company
(New) For more course tutorials
visit www.uophelp.com COURSE PROJECT 1
INSTRUCTIONS You have just been contracted as a
budget consultant by LBJ Company, a distributor
of bracelets to various retail outlets across the
country. The company has done very little in the
way of budgeting and at certain times of the year
has experienced a shortage of cash. You have
decided to prepare a cash budget for the upcoming
fourth quarter in order to show management the
benefits that can be gained from proper cash
planning. You have worked with accounting and
other areas to gather the information assembled
below.
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions For more course
tutorials visit www.uophelp.com 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 (A)
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 6 Quiz Set 2 For more course
tutorials visit www.uophelp.com Multiple Choice
3 Short 5 Question 1. Question (TCO D) Return
on investment (ROI) is equal to the margin
multiplied by Question 2. Question (TCO D) For
which of the following decisions are opportunity
costs relevant? The decision to make or buy a
needed part The decision to keep or drop a
product line Question 3. Question (TCO D) Last
year, the House of Orange had sales of 826,650,
net operating income of 81,000, and operating
assets of 84,000 at the beginning of the year
and 90,000 at the end of the year. What was the
company's turnover, rounded to the nearest
tenth? Question
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ACCT 505 Dreams Come True /Uophelp.Com
ACCT 505 Week 7 Course Project 2 Capital
Budgeting Decision (New) For more course
tutorials visit www.uophelp.com ACCT 505 Course
Project 2 Hampton Company Capital Budgeting
Decision Hampton Company The production
department has been investigating possible ways
to trim total production costs. One possibility
currently being examined is to make the cans
instead of purchasing them. The equipment needed
would cost 1,000,000, with a disposal value of
200,000, and would be able to produce 27,500,000
cans over the life of the machinery. The
production department estimates that
approximately 5,500,000 cans would be needed for
each of the next 5 years. The company would hire
six new employees. These six individuals would be
full-time employees working 2,000 hours per year
and earning 15.00 per hour. They would also
receive the same benefits as other production
employees, 15 of wages in addition to 2,000 of
health benefits.
20ACCT 505 Dreams Come True /Uophelp.Com
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