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ACCT 505 Entire Course (New) FOR MORE CLASSES
VISIT www.acct505help.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) ACCT 505 Week 5 Measuring Performance -
Course Project A ACCT 505 Week 6 Quiz Segment
Reporting and Relevant Costs for Decisions ACCT
505 Week 6 Quiz Set 2 ACCT 505 Week 7 Capital
Budgeting Course Project ACCT 505 Week 7 Course
Project 2 Capital Budgeting Decision (New) ACCT
505 Final Exam Guide (New) Set 1 ACCT 505 Final
Exam Guide (New) Set 2 ACCT 505 Final Exam Guide
(New) Set 3 ACCT 505 Midterm Exam (New) Set 1
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ACCT 505 Final Exam (Devry) FOR MORE CLASSES
VISIT www.acct505help.com ACCT 505 Final Exam
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ACCT 505 Final Exam (New) All 3 Set FOR MORE
CLASSES VISIT www.acct505help.com Score 248/250
tiple 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 1. Question (TCO C) Longiotti
Corporation produces and sells a single product.
Data concerning that product appear
below. Selling price per unit 375.00 Variable
expense per unit 144.00
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ACCT 505 Final Exam Guide (New) Set 1 FOR MORE
CLASSES VISIT www.acct505help.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 1. Question (TCO C) Longiotti
Corporation produces and sells a single product.
Data concerning that product appear
below. Selling price per unit 375.00 Variable
expense per unit 144.00 Fixed expense per month
1,686,300 Required Determine the monthly
breakeven in units or dollar sales. Show your
work!
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ACCT 505 Final Exam Guide (New) Set 2 FOR MORE
CLASSES VISIT www.acct505help.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 Conversion
costs 2,500 Percent complete for
materials 80 Percent complete for
conversion 15 Units started into
production during the month 6,000
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ACCT 505 Final Exam Guide (New) Set 3 FOR MORE
CLASSES VISIT www.acct505help.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 20.0 40.0
50.0
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ACCT 505 Midterm Exam (New) 6 Sets FOR MORE
CLASSES VISIT www.acct505help.com This Tutorial
contains 6 Sets of Midterm Exam 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.
should be ignored in making decisions because
they can never change. Question 3.3. (TCO A)
Property taxes on a company's factory building
would be classified as a(n) (Points 6)
variable cost. opportunity cost.
period cost.
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ACCT 505 Midterm Exam (New) Set 1 FOR MORE
CLASSES VISIT www.acct505help.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. should be ignored in making
decisions because they can never change.
Question 3.3. (TCO A) Property taxes on a
company's factory building would be classified as
a(n) (Points 6) variable cost. opportunity cost.
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ACCT 505 Midterm Exam (New) Set 2 FOR MORE
CLASSES VISIT www.acct505help.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) Student
Answer period cost.

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ACCT 505 Week 1 Case Study (Devry) FOR MORE
CLASSES VISIT www.acct505help.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.   Before the
unfortunate incident, recovery specialists
cleaned the buildings. The company controller is
very nervous and anxious to recover whatever
records he can to support the insurance claim for
the destroyed inventory. After consulting with
the cost accountant, they decide to retrieve the
previous years annual report for the beginning
inventory numbers. In addition, they also agreed
that they need first quarter cost data.
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ACCT 505 Week 1-7 All Discussion Questions
(Devry) FOR MORE CLASSES VISIT www.acct505help.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
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ACCT 505 Week 2 Case 3-29 Ethics and the
Manager FOR MORE CLASSES VISIT www.acct505help.com
  CASE 329 Ethics and the Manager Course
Objective B Terri Ronsin had recently been
transferred to the Home Security Systems Division
of National Home Products. Shortly after taking
over her new position as divisional controller,
she was asked to develop the divisions
predetermined overhead rate for the upcoming
year. The accuracy of the rate is important
because it is used throughout the year and any
overapplied or underapplied over- head is closed
out to Cost of Goods Sold at the end of the year.
National Home Products uses direct labor-hours in
all of its divisions as the allocation base for
manufacturing overhead. To compute the
predetermined overhead rate, Terri divided her
estimate of the total manufacturing overhead for
the coming year by the production managers
estimate of the total direct labor-hours for the
coming year. She took her computations to the
divisions general manager for approval but was
quite surprised when he suggested a modification
in the base. Her conversation with the general
manager of the Home Security Systems Division,
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ACCT 505 Week 2 Quiz Job Order and Process
Costing Systems (Devry) FOR MORE CLASSES
VISIT www.acct505help.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 of the process in
the Forming Department, which is the first of two
stages in its production process. Information
concerning operations in the Forming Department
in October follows Units Material Cost
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ACCT 505 Week 2 Quiz Set 2 FOR MORE CLASSES
VISIT www.acct505help.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 Week 3 Case Study 420 Ethics and the
Manager FOR MORE CLASSES VISIT www.acct505help.com
CASE 420 Ethics and the Manager, Understanding
the Impact of Percentage Completion on
ProfitWeighted-Average Method Course Objective
B Gary Stevens and Mary James are production
managers in the Consumer Electronics Division of
General Electronics Company, which has several
dozen plants scattered in locations throughout
the world. Mary manages the plant located in Des
Moines, Iowa, while Gary manages the plant in El
Segundo, California. Production managers are paid
a salary and get an additional bonus equal to 5
of their base salary if the entire division meets
or exceeds its target profits for the year. The
bonus is determined in March after the companys
annual report has been prepared and issued to
stockholders. Shortly after the beginning of the
New Year, Mary received a phone call from Gary
that went like this Gary Hows it going,
Mary? Mary Fine, Gary. Hows it going with
you? Gary Great! I just got the preliminary
profit figures for the division for last year and
we are within 200,000 of making the years
target profits.
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ACCT 505 Week 3 Case Study II (Devry) FOR MORE
CLASSES VISIT www.acct505help.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 What is the break-even point in
passengers and revenues per month? What is the
break-even point in number of passenger train
cars per month? If Springfield Express raises its
average passenger fare to 190, it is estimated
that the average load factor will decrease to 60
percent. What will be the monthly
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ACCT 505 Week 4 Midterm Exam (Devry) FOR MORE
CLASSES VISIT www.acct505help.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? I. Overhead
application may be made slowly as a job is worked
on. II. Overhead application may be made in a
single application at the time of completion of
the job.
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ACCT 505 Week 5 Course Project 1 LBJ Company
(New) FOR MORE CLASSES VISIT www.acct505help.com C
OURSE 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. The company
sells many styles of bracelets, but all are sold
for the same 10 price. Actual sales of
bracelets for the last three months and budgeted
sales for the next six months follow The
concentration of sales in the fourth quarter is
due to the Christmas holiday. Sufficient
inventory should be on hand at the end of each
month to supply 40 of the bracelets sold in the
following month.
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ACCT 505 Week 6 Case Study Balanced Scorecard
Case (700 words Paper) FOR MORE CLASSES
VISIT www.acct505help.com ACCT505 Managerial
Accounting Team Case Study 3 Week 6 Balanced
Scorecard Case (Course Objective G) Many
companies are using the Balanced Scorecard System
to assist in their performance management.
According to Garrison, Noreen, and Brewer (2015)
a balanced scorecard consists of integrated set
of performance measures that are derived from and
support a companys strategy (p. 490). In a
Balanced Scorecard System the companys strategy
is translated into a system of performance
measures that are used to monitor the companys
performance in meeting its strategic objectives.
As part of a two-member team, your task is to
identify and discuss the key performance measures
of a balanced scorecard. Then, find three
companies that are currently using a Balanced
Scorecard System by doing an internet and library
database search. Internet searches as well
searches of financial databases, such as Yahoo
Finance, should help you in your efforts. Then
discuss in as much detail as possible the
specifics of the balanced scorecard that is being
used by these companies.
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ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions (Devry) FOR MORE
CLASSES VISIT www.acct505help.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) Yes Yes (B) Yes No (C)
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ACCT 505 Week 6 Quiz Set 2 FOR MORE CLASSES
VISIT www.acct505help.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 1. Question
(TCO D) Data for December concerning Dinnocenzo
Corporation's two major business segments-Fibers
and Feedstocks-appear below.Sales revenues,
Fibers 870,000 Sales revenues, Feedstocks
820,000
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ACCT 505 Week 7 Course Project 2 Capital
Budgeting Decision (New) FOR MORE CLASSES
VISIT www.acct505help.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. ,
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