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Title: ACC 543 Course Inspiring Minds/tutorialrank.com


1
ACC 543 Course Inspiring Minds/tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Aspects of Employment and Environment
Paper and PowerPoint(UOP) For more course
tutorials visit www.tutorialrank.com     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
3
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Capital Budget Recommendation(UOP)   For
more course tutorials visit www.tutorialrank.com  
  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.
4
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Entire Course(UOP) For more course
tutorials visit www.tutorialrank.com     ACC 543
Flexible Budgets Team Paper the best
5
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 15-6B(UOP) For more course
tutorials visit www.tutorialrank.com     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. The
following cost data apply to various production
activity levels. Required a. Complete the
preceding table by filling in the missing amounts
for the levels of activity shown in the first row
of the table. b. Explain why the total cost per
chair decreases as the number of
6
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 15-12B (UOP)   For more course
tutorials visit www.tutorialrank.com   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 decide the best
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ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 15-17A Identifying Cost Behavior
(UOP) For more course tutorials
visit www.tutorialrank.com     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. e.
Cost of a maintenance check relative to the
number of passengers on a particular trip. f.
Fuel costs relative to the number
8
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 16-9A(UOP) For more course
tutorials visit www.tutorialrank.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 on a particular trip. e. Cost of a
maintenance check relative to the number of
passengers on a particular trip. f. Fuel costs
relative to the number
9
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 18-17A(UOP)   For more course
tutorials visit www.tutorialrank.com     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. The cost of
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ACC 543 Course Inspiring Minds/tutorialrank.com
  ACC 543 Exercise 18-17B Process Cost System
Cost of Production Report(UOP)   For more course
tutorials visit www.tutorialrank.com       Exercis
e 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. The cost of work in process inventory
at the beginning of the period was 9,000, and
108,000 of product costs was added during the
period. Re
11
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 19-24A Assessing Simultaneous
Changes in CVP Relationships (UOP)   For more
course tutorials visit www.tutorialrank.com     Ex
ercise 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.
b. GSI is considering implementing a quality
improveof passengers on a particular trip. f.
Fuel costs relative to the number
12
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 19-24A Assessing Simultaneous
Changes in CVP Relationships (UOP)   For more
course tutorials visit www.tutorialrank.com     Ex
ercise 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.
b. GSI is considering implementing a quality
improve
13
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 24-1 Net Present Value/ Present
Value Index (UOP)   For more course tutorials
visit www.tutorialrank.com     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. The second alternative,
purchasing a new machine, costs 56,500. The new
machine is expected to have a five-year useful
life and a 4,000 salvage value. Management
estimates
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ACC 543 Course Inspiring Minds/tutorialrank.com
  ACC 543 Exercise 24-3A Present Value
Analysis(UOP)   For more course tutorials
visit www.tutorialrank.com     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.
15
ACC 543 Course Inspiring Minds/tutorialrank.com
  ACC 543 Exercise 24-4A Determining the present
value of an annuity (UOP)   For more course
tutorials visit www.tutorialrank.com     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. Estimates of
cash inflows from copy machines that have been
placed in other university buildings indicate
that of passengers on a particular trip. f. Fuel
costs relative to the number
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ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 24-5A Determining net present
value (UOP)   For more course tutorials
visit www.tutorialrank.com   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. Transit Shuttle has an
17
ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 24-5B Purchase of Popcorn
Machine(UOP)   For more course tutorials
visit www.tutorialrank.com   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. The purchase price of the on a
particular trip. e. Cost of a maintenance check
relative to the number of passengers on a
particular trip. f. Fuel costs relative to the
number
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ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 24-6A Determining Net Present
Value(UOP)   For more course tutorials
visit www.tutorialrank.com       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 expected cash flows. In addition to
these cash 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. e.
Cost of a maintenance check relative to the
number of passengers on a particular trip. f.
Fuel costs relative to the number
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ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Exercise 24-8A Determining the Internal
Rate of Return (UOP) For more course tutorials
visit www.tutorialrank.com   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. The company on a particular
trip. e. Cost of a maintenance check relative to
the number of passengers on a particular trip. f.
Fuel costs relative to the number
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ACC 543 Course Inspiring Minds/tutorialrank.com
ACC 543 Flexible Budgets Team Paper(UOP)   For
more course tutorials visit www.tutorialrank.com  
    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 number of passengers on a particular
trip. f. Fuel costs relative to the number
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ACC 543 Course Inspiring Minds/tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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