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ACC 349 Inspiring Innovation--snaptutorial.com

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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 Inspiring Innovation--snaptutorial.com


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ACC 349 Inspiring Innovation--snaptutorial.com
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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 acc
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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 bu
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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 thought
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ACC 349 Inspiring Innovation--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.
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Final Exam Guide (New 2018 with Excel
sheet)  For more classes visit www.snaptutorial.co
m   Excel Sheet can be used for any change in
values, it automatically gives correct
answers   1. The following costs were incurred in
September      Direct materials        
42,700     Direct labor   29,400    
Manufacturing overhead       27,300     Selling
expenses        23,600     Administrative
expenses       33,700   Conversion costs during
the month
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 2 Lab Problems  For more classes
visit www.snaptutorial.com   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
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ACC 349 Inspiring Innovation--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 Managerial
Analysis BYP 2-2
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 2 Team Assignment Problems Ch 2 and
3  For more classes visit www.snaptutorial.com   P
repare written responses to the following
problems from Managerial Accounting Tools for
Business Decision Making Ch. 2 Problem P2-4A
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--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?
25
ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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 y
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 3 Team Assignment Case Study Ch.
4  For more classes visit www.snaptutorial.com   P
repare written responses to the following case
study from Ch. 4 of Managerial Accounting Tools
for Business Decision Making
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 3 Team Assignment Part 1 (Jeemp
Farms)  For more classes visit www.snaptutorial.co
m   Read the following scenario below Leighton
Beridon owns "Jeemp Farms", located near Weimar,
TX. The farm produces pecan trees and sod. He has
so many orders from the Houston metropolitan area
that he is able to sell all his inventory each
year, but he is not netting as much as he has in
past years. His daughter, LieslBeridon, came home
from college over Thanksgiving and mentioned ABC
costing, which she learned about in her cost
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 4 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   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 During May, the companys
activity was actually 340 diving-hours. Complete
the following flexible budget for that level of
activity.  
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ACC 349 Inspiring Innovation--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.
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 4 Individual Assignment Ch. 5 and
6  For more classes visit www.snaptutorial.com   P
repare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making Ch. 5 Exercises
E5-1 and E5-9
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 4 Lab Problems  For more classes
visit www.snaptutorial.com   Week 4
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
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 4 Team Assignment Case Study Ch.
6  For more classes visit www.snaptutorial.com   P
repare written responses to the following case
study from Ch. 6 of Managerial Accounting Tools
for Business Decision Making Managerial
Analysis BYP 6-2
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 4 Team Assignment Part 2 (Jeemp
Farms)  For more classes visit www.snaptutorial.co
m   Mr.Beridon received your requests for
information and returned data which you have
compiled in an Microsoft Excel spreadsheet (see
document template). He also said, "We grow sod
and trees at Jeemp Farms. We sell the sod mainly
to home builders in the area, although we sell to
some individuals who are purchasing square
footages to re-sod their yard. Many home builders
will purchase to so
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 4 Team Assignment Problems Ch.
7  For more classes visit www.snaptutorial.com   P
repare written responses to the following
problems from Ch. 7 of Managerial Accounting
Tools for Business Decision Making Problem
P7-1A
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 5 Connect Problems (With Excel
Sheet)  For more classes visit www.snaptutorial.co
m   This Tutorial contains Excel Sheet which can
be used for any change in values, get your 100
score with our sheet     Week 5   Question
1    Huron Company produces a commercial cle
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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?
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 5 Lab Problems  For more classes
visit www.snaptutorial.com   Week 5 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 Stan
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ACC 349 Inspiring Innovation--snaptutorial.com
ACC 349 Week 5 Signature Assignment Ethics on the
Job (2 Papers)  For more classes
visit www.snaptutorial.com   This Tutorial
contains 2 Papers   About Your Signature
Assignment Signature/Benchmark Assignments are
designed to align with specific program student
learning outcome(s) in your program. Program
Student Learning Outcomes are broad statements
that describe what students should know and be
able to do upon completion of their degree.
Signature/Benchmark Assignments are graded with a
grading guide or an automated rubric that allows
the University to collect
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ACC 349 Inspiring Innovation--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
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ACC 349 Inspiring Innovation--snaptutorial.com
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