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For more course tutorials visit uophelp.com is now newtonhelp.com www.newtonhelp.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 – PowerPoint PPT presentation

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Title: ACCT 505 help A Guide to career/newtonhelp.com


1
ACCT 505 help A Guide to career/newtonhelp.com
2
ACCT 505 Entire Course (New)
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  •  
  •  
  • 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

3
ACCT 505 Final Exam (New) All 3 Set
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  •   
  •  
  •  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

4
ACCT 505 Final Exam Guide (New) Set 1
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  •   
  •  
  •   Essay 7
  •  
  • Question 1  (TCO E) Designing a new product is a(
    n)
  • 2. Question  (TCO G) Given the following data, wh
    at would ROI be?
  • Sales 70,000
  • Net operating income 10,000
  • Contribution margin 20,000

5
ACCT 505 Final Exam Guide (New) Set 2
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  •   
  •   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

6
 ACCT 505 Final Exam Guide (New) Set 3
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  •   
  •    
  • (TCO E) Preparing purchase orders is a(n) (Points
    5)
  • batch-level activity.
  • product-level activity.
  • unit-level activity.

7
ACCT 505 Final Exam
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  •   
  •   ACCT 505 Final Exam

8
ACCT 505 Midterm Exam (New) 6 Sets
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  •   
  • 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.

9
ACCT 505 Midterm Exam (New) Set 1
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  •    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.

10
ACCT 505 Midterm Exam (New) Set 2
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  •     
  • 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.

11
ACCT 505 Week 1 Case Study
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  •      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.

12
ACCT 505 Week 1-7 All Discussion Questions
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  •       
  • 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

13
ACCT 505 Week 2 Case 3-29 Ethics and the Manager
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  •        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.

14
ACCT 505 Week 2 Quiz Job Order and Process
Costing Systems
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  •        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

15
ACCT 505 Week 2 Quiz Set 2
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  •        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.

16
ACCT 505 Week 3 Case Study 420 Ethics and the
Manager
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  •        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.

17
ACCT 505 Week 3 Case Study II
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  •       
  • 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

18
ACCT 505 Week 4 Midterm Exam
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  •       
  • 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

19
ACCT 505 Week 5 Course Project 1 LBJ Company
(New)
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  •    
  • 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.

20
ACCT 505 Week 6 Case Study Balanced Scorecard
Case (700 words Paper)
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  • ACCT505 Managerial Accounting
  • Team Case Study 3 Week 6
  • Balanced Scorecard Case
  • (Course Objective G)

21
  ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions
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  •  
  • 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

22
ACCT 505 Week 6 Quiz Set 2
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  •  
  •  
  •  
  • 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?

23
ACCT 505 Week 7 Course Project 2 Capital
Budgeting Decision (New)
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  •  
  •  
  •  
  •  
  • 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

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ACCT 505 help A Guide to career/newtonhelp.com
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