ACCT 505 Education for Service--snaptutorial.com

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ACCT 505 Education for Service/snaptutorial.com
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Entire Course (New)   For more classes
visit www.snaptutorial.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)                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Entire Course     For more classes
visits www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Final Exam (New) All 3 Set   For more
classes visit www.snaptutorial.com   Score
248/250   Multiple Choice 2 Short
2                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Final Exam Guide (New) Set 1   For more
classes visit www.snaptutorial.com   Score
248/250   Multiple Choice 2 Short
2                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Final Exam Guide (New) Set 2   For more
classes visit www.snaptutorial.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)                    
    
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Final Exam Guide (New) Set 3 For more
classes visit www.snaptutorial.com   (TCO E)
Preparing purchase orders is a(n) (Points 5)
batch-level activity. product-level
activity. unit-level activity.
organization sustaining activity.            
    
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Final Exam For more classes
visit www.snaptutorial.com   ACCT 505 Final
Exam                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Midterm Exam (New) 6 Sets For more
classes visit www.snaptutorial.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.                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Midterm Exam (New) Set 1   For more
classes visit www.snaptutorial.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.                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Midterm Exam (New) Set 2 For more
classes visit www.snaptutorial.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.
incremental cost. opportunity cost. None of the
above Question 3. Question (TCO A) Property
taxes on a company's                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 1 Case Study For more classes
visit www.snaptutorial.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.              
    
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 1-7 All Discussion Questions For
more classes visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 2 Quiz Job Order and Process
Costing Systems For more classes
visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 2 Quiz Set 2 For more classes
visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 3 Case Study II For more classes
visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 4 Midterm Exam For more classes
visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 5 Course Project 1 LBJ Company
(New) For more classes visit www.snaptutorial.co
m   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. 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.              
    
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 5 Measuring Performance - Course
Project A   For more classes
visits www.snaptutorial.com   Prepare a master
budget for the three-month period ending June 30.
Include the following detailed budgets 1. oa.
A sales budget, by month and in total. ob. A
schedule of expected cash collections from sales,
by month and in total. oc. A merchandise
purchases budget in units and in dollars. Show
the budget by month and in total. od. A schedule
of expected cash disbursements for merchandise
purchases, by month and in total.              
    
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions For more classes
visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 6 Quiz Set 2 For more classes
visit www.snaptutorial.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                   
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 7 Capital Budgeting Course
Project   For more classes visits www.snaptutor
ial.com     Here is Part B Clark Paints The
production department has been investigating
possible ways to trim total production costs. One
possibility currently being examined is to make
the paint cans instead of purchasing them. The
equipment needed would cost 200,000 with a
disposal value of 40,000 and would be able to
produce 5,500,000 cans over the life of the
machinery. The production department estimates
that approximately 1,100,000 cans would be needed
for each of the next five years.              
    
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ACCT 505 Education for Service/snaptutorial.com
ACCT 505 Week 7 Course Project 2 Capital
Budgeting Decision (New)   For more classes
visit www.snaptutorial.com CCT 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.               
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ACCT 505 Education for Service/snaptutorial.com