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Title: ACCT 567 Course Inspiring Minds / tutorialrank.com


1
ACCT 556 Course Inspiring Minds/tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACCT 556 Course Inspiring Minds/tutorialrank.com
ACCT 556 Week 1 Homework Problems For more
course tutorials visit www.tutorialrank.com   ACCT
556 Week 1 Homework   The new president of the
Wernecke Company was stumped. Why had profits
gone down? He had directed the sales department
to push the product with the highest contribution
margin, and the sales department had come through
with flying colors. The percent of flams sold had
increased from 25 of units sold to 37.5 of
units sold. So what happened? Required
3
ACCT 556 Course Inspiring Minds/tutorialrank.com
ACCT 556 Week 2 Homework Assignment For more
course tutorials visit www.tutorialrank.com   ACCT
556 Week 2 Homework Assignment   The Schonlind
Company has gathered information regarding past
sales Required 1. Predict the sales
for 2006 using the moving average method.
2. You noticed a sudden jump in sales in 2002.
After inquiring about this jump, you were told
that there was a one-time sale for 200,000 in
that year that is not likely to be repeated. What
revision, if any, would you make in the sales
information used for projection?
4
ACCT 556 Course Inspiring Minds/tutorialrank.com
ACCT 556 Week 3 Homework Problems For more
course tutorials visit www.tutorialrank.com   ACCT
556 Week 3 Homework Problem   Production Budgets
The Hale Company
finished their sales projections for the coming
year. The company produces one product. Part of
next years sales projections are as follows

Engineering has developed the following
standards upon which the production budgets will
be developed
Item Standard

5
ACCT 556 Course Inspiring Minds/tutorialrank.com
ACCT 556 Week 4 Homework Problems For more
course tutorials visit www.tutorialrank.com   Week
4 Capital Budgeting Practice problem

  You have the following data about a proposed
project
Cost of new equipment
80,000
Increase need for
Working Capital (to be released at end of
project) 20,000
Length of
project 6 years

6
ACCT 556 Course Inspiring Minds/tutorialrank.com
ACCT 556 Week 5 Homework Assignment For more
course tutorials visit www.tutorialrank.com   ACCT
556   Week 5 Problem Cash Budget Note It is
expected that this problem will be complete using
an Excel spreadsheet using formulas. Please see
the Excel Tutorial that is available under the
course home tab. The
Hale Company is currently working on its cash
budget for the coming year. The following
information is available
 
7
ACCT 556 Course Inspiring Minds/tutorialrank.com
  ACCT 556 Week 6 Homework Problem For more
course tutorials visit www.tutorialrank.com   ACCT
556   Week 6
Problem Proforma
Statements The Duncan
Company has just completed a number of budgets
for the coming year. The cost of goods
manufactured schedule, the proforma income
statement and the balance sheet still have to be
completed. The following information is
available
Information from recent budgets for the coming
year 1.
Projected sales are 1,800,000 (12,690 units
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ACCT 556 Course Inspiring Minds/tutorialrank.com
ACCT 556 Week 7 Course Project (Fanciful Inc)
For more course tutorials visit www.tutorialrank.
com   ACCT 556 Week 7 Course Project
9
ACCT 556 Course Inspiring Minds/tutorialrank.com
  ACCT 556 Week 7 Course Project Fantastic Inc
For more course tutorials visit www.tutorialrank.
com   ACCT 556 Week 7 Course Project Fantastic
Inc   Fantastic, Inc. is a case study which
allows you to incorporate numerous financial and
managerial accounting concepts into a single
business setting. You will take the position of
the company controller who will prepare the
budget for the year ended December 31, 2006,
using the actual data from 2001 through 2005 and
information given to you by various departments.
You will prepare a report for the president of
the company describing the
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ACCT 556 Course Inspiring Minds/tutorialrank.com
  ACCT 556 Week 7 Homework Problem For more
course tutorials visit www.tutorialrank.com   ACCT
556   Week 7 Problem Benefits of Social
Programs A community public works project will
cost 55,000 dollars and will benefit 5 different
individuals 1. Is this project economically
feasible? Show work in an excel spreadsheet that
lists the benefit for each individual. 2. Would
this project be approved by a majority at a
majority at a referendum? 3. Does the project
meet the Pareto efficiency improvement
criterion? 4. If possible, revise the cost
shares to allow the project to meet the Pareto
criterion and to pass a referendum.
11
ACCT 556 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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