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For more classes visit www.snaptutorial.com What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision making? Why? As a manager, which would you prefer? Why? – PowerPoint PPT presentation

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Title: ACC 349 help A Guide to career/Snaptutorial


1
ACC 349 help A Guide to career/ snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Discussion 4 For more classes
visit www.snaptutorial.com   What are the
differences between variable and absorption
costing? Why is variable costing not allowed for
GAAP reporting? Which method is more useful for
internal decision making? Why? As a manager,
which would you prefer? Why?
3
ACC 349 help A Guide to career/ snaptutorial.com
 ACC 349 Discussion 5 For more classes
visit www.snaptutorial.com For what is
cost-volume-profit (CVP) analysis used? What are
some main underlying assumptions that make CVP
analysis useful for decision makers? Why might
decision makers use CVP analysis? What is
contribution margin? What is break even point?
How are these used?
4
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Discussion 6 For more classes
visit www.snaptutorial.com   What are some main
differences between financial and managerial
accounting? How do these differences affect the
type of information that must be gathered and
reported? What different types of decisions must
users of financial accounting information make?
What different types of decisions must users of
managerial accounting information make? How does
managerial accounting apply to your career? What
is the code of conduct for managerial accountants?
5
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Discussion 7 For more classes
visit www.snaptutorial.com   What are the cost
classifications for assigning cost to cost
objects? What are the cost classifications for
manufacturing companies? What are cost
classifications for preparing financial
statements? What are cost classifications for
predicting cost behavior? What are mixed cost?
6
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Discussion 8 For more classes
visit www.snaptutorial.com   What is a master
budget? What are some underlying budgets that
form the master budget? What are the advantages
of budgeting? What is the budgeting process at
your organization? Is it effective? Why or why
not?
7
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Discussion 9 For more classes
visit www.snaptutorial.com   What are the
characteristics of a flexible budget? How does a
flexible budget work? Do you have experience
with this type of budgeting?
8
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Discussion 10 For more classes
visit www.snaptutorial.com   What are some of the
potential problems with standard cost? Please
explain your thoughts
9
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Entire Course For more classes
visit www.snaptutorial.com   ACC 349 Week 1
Individual Assignment BYP 1-7, E1-7 ACC 349 Week
1 Discussion Question 1 ACC 349 Week 1 Discussion
Question 2 ACC 349 Week 2 Individual Assignment
Assignments CH 2 3 ACC 349 Week 2 Team
Assignment Problems Ch. 2 3 ACC 349 Week 2
Team Assignment Case Study BYP 2-2 ACC 349 Week 2
Discussion Question 1
10
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Final Exam Guide For more classes
visit www.snaptutorial.com   1) What does cost
accounting measure, record, and report?   2) What
is the best way to handle manufacturing overhead
costs in order to get the most timely job cost
information?  3) At the end of the year,
manufacturing overhead has been overapplied. What
occurred to create this situation?   4) Which
of the following would be accounted for using a
job order cost system?
11
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 1 Discussion Question 1 For more
classes visit www.snaptutorial.com   What are
some of the key differences between financial and
managerial accounting? How do these differences
impact the type of information that must be
gathered and reported? What are the different
types of decisions that users of financial
accounting information must make? What are the
different types of decisions that users of
managerial accounting information must make?
12
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 1 Discussion Question 2 For more
classes visit www.snaptutorial.com   What are the
differences between a direct cost and an indirect
cost? Which is the more difficult cost to track?
Why? How do indirect costs affect the cost of a
product? Should indirect costs be included in
product cost? Why or why not?
13
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 1 Individual Assignment BYP 1-7,
E1-7 For more classes visit www.snaptutorial.com
  Prepare written responses to the following
assignments from Ch. 1 of Managerial Accounting
Tools for Business Decision Making Exercise
E1-7 exercise 7 only Ethics Case BYP 1-7 case 7
only
14
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 1 Lab Problems For more classes
visit www.snaptutorial.com   Week 1 Question
1 Segregation of duties is a preventive
control is a detective control separates
responsibilities for authorizing transactions,
recording transactions, and maintaining custody
of the related assets Question 2 The
following cost and inventory data are taken from
the accounting records of Mason Company
15
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Connect Problems (with Excel
Sheet) For more classes visit www.snaptutorial.co
m   This Tutorial contains Excel Sheet which can
be used for any values Week 2 Question 1
The Hartford Symphony Guild is planning its
annual dinnerdance. The dinnerdance committee has
assembled the following expected costs for the
event Dinner (per person) 10
16
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Discussion Question 1 For more
classes visit www.snaptutorial.com What is
activity-based costing? What are some of the key
elements of activity-based costing? How does this
method differ from a more traditional costing
method?
17
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Discussion Question 2 For more
classes visit www.snaptutorial.com   What are
value-added processes? How do you determine if a
process adds value? How does identification of
value-added processes help a company run more
efficiently and effectively?
18
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Individual Assignment Assignments
CH 2, 3 For more classes visit www.snaptutorial.c
om   Prepare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making Ch. 2 Exercises
E-2-6 and E2-9 Ch. 3 Exercises E3-5 and
E3-9 Ch. 3 Questions 2 and 3
19
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Lab Problems For more classes
visit www.snaptutorial.com     Question 1
The Hartford Symphony Guild is planning its
annual dinnerdance. The dinnerdance committee has
assembled the following expected costs for the
event Dinner (per person)
10 Favors and program
(per person) 4 Band

700
20
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Team Assignment Case Study BYP 2-2
For more classes visit www.snaptutorial.com    
Prepare written responses to the following
case study from Ch. 2 of Managerial Accounting
Tools for Business Decision Making
21
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 2 Team Assignment Problems Ch 2 and
3 For more classes visit www.snaptutorial.com    
Prepare written responses to the following
problems from Managerial Accounting Tools for
Business Decision Making Ch. 2 Problem
P2-4A Ch. 3 Problem P3-3A
22
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Connect Problems (with Excel
Sheet) For more classes visit www.snaptutorial.co
m This Tutorial contains Excel Sheet which can
be used for any values Q-1 Lehner Corporation
has provided the following data from its
activity-based costing accounting
system Indirect factory wages 552,000 Factory
equipment depreciation 332,000 Distribution of
Resource Consumption across Activity Cost Pools

23
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Discussion Question 1 For more
classes visit www.snaptutorial.com     For
what is cost-volume-profit (CVP) analysis used?
What are some of the key underlying assumptions
that make CVP analysis useful for decision
makers? Why might decision makers use CVP
analysis?
24
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Discussion Question 2 For more
classes visit www.snaptutorial.com     What
are the differences between variable and
absorption costing? Why is variable costing not
allowed for GAAP reporting? Which method is more
useful for internal decision-making? Why? As a
manager, which would you prefer? Why?
25
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Individual Assignment Article
Analysis Summary For more classes
visit www.snaptutorial.com Use the Internet
or other credible resources to find an article
relevant to activity-based costing (ABC), job
costing, or process costing. Write a 125-word
summary of the article. Summarize the major
topics of the article, and explain what you
learned as a result of your reading.
26
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Individual Assignment Assignments
Ch. 4 For more classes visit www.snaptutorial.com
    Prepare written responses to the
following assignments from Ch. 4 of Managerial
Accounting Tools for Business Decision Making
Exercises E4-10 and E4-11
27
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Team Assignment Case Study Ch. 4
For more classes visit www.snaptutorial.com    
Prepare written responses to the following
case study from Ch. 4 of Managerial Accounting
Tools for Business Decision Making Managerial
Analysis BYP 4-2
28
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 3 Team Assignment Problems Ch. 4
For more classes visit www.snaptutorial.com    
Prepare written responses to the following
problems from Ch. 4 of Managerial Accounting
Tools for Business Decision Making Problems
P4-3A and P4-4A
29
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 4 Discussion Question 1 For more
classes visit www.snaptutorial.com     What
are some of the advantages and disadvantages of
standard costs? How do managers determine what
the standard cost should be? Describe the effect
of inaccurate standard costs on financial
reporting.
30
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 4 Discussion Question 2 For more
classes visit www.snaptutorial.com     When
should variances be investigated? Who should be
responsible for correcting a negative variance?
Why? What are some factors that can lead to
variances? How can variances be corrected?
31
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 4 Individual Assignment Ch. 5 and 6
For more classes visit www.snaptutorial.com    
Prepare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making Ch. 5 Exercises
E5-1 and E5-9 Ch. 6 Exercises E6-7 and E6-10
32
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 4 Lab Problems For more classes
visit www.snaptutorial.com   Question 1
Puget Sound Divers is a company that provides
diving services such as underwater ship repairs
to clients in the Puget Sound area. The companys
planning budget for May appears below
Puget Sound
Divers
Planning Budget
33
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 4 Team Assignment Case Study Ch. 6
For more classes visit www.snaptutorial.com    
Prepare written responses to the following
case study from Ch. 6 of Managerial Accounting
Tools for Business Decision Making Managerial
Analysis BYP 6-2
34
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 4 Team Assignment Problems Ch. 7
For more classes visit www.snaptutorial.com    
Prepare written responses to the following
problems from Ch. 7 of Managerial Accounting
Tools for Business Decision Making Problem
P7-1A
35
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 5 Discussion Question 1 For more
classes visit www.snaptutorial.com     What is
a master budget? What are some of the underlying
budgets that form the master budget? What is the
budgeting process at your organization? Is it
effective? Why or why not?
36
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 5 Discussion Question 2 For more
classes visit www.snaptutorial.com     What is
the difference between external and internal
pricing? What factors must be considered when
setting internal transfer pricing between
divisions of a company? What are the different
methods of setting internal transfer pricing?
Which is the most effective? Why?
37
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 5 Individual Assignment Ch. 8, 9 and
11 For more classes visit www.snaptutorial.com  
  Prepare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making Ch. 8 Exercises
E8-11 Ch. 9 Brief Exercises BE9-6 and BE9-8 Ch.
11 Questions 2 and 11 Ch. 11 Exercise E11-6
38
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 5 Lab Problems For more classes
visit www.snaptutorial.com       Question 1
Huron Company produces a commercial cleaning
compound known as Zoom. The direct materials and
direct labor standards for one unit of Zoom are
given below
Standard
Quantity or Standard
Price Standard
39
ACC 349 help A Guide to career/ snaptutorial.com
ACC 349 Week 5 Team Assignment Problems Ch. 8 and
11 For more classes visit www.snaptutorial.com  
    Prepare written responses to the following
problems from Managerial Accounting Tools for
Business Decision Making Ch. 8 Problem
P8-2A Ch. 11 Problem P11-4A
40
ACC 349 help A Guide to career/ snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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