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Title: ACCT 505 Experience Tradition/newtonhelp.com


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ACCT 505 Experience Tradition/newtonhelp.Com
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  • ACCT 505 Entire Course (New)
  • For more course tutorials visit
  • www.newtonhelp.com
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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
  • ACCT 505 Week 3 Case Study II
  • ACCT 505 Week 4 Midterm Exam

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  • ACCT 505 Final Exam (New) All 3 Set
  • For more course tutorials visit
  • www.newtonhelp.com
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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
  • Stockholder's equity 25,000
  • 1. Question (TCO C) Longiotti Corporation

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  • ACCT 505 Final Exam Guide (New) Set 1
  • For more course tutorials visit
  • www.newtonhelp.com
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  • 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
  • Average operating assets 50,000
  • Stockholder's equity 25,000
  • 1. Question  (TCO C) Longiotti Corporation produc
    es 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

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  • ACCT 505 Final Exam Guide (New) Set 2
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
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  • 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

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  • ACCT 505 Final Exam Guide (New) Set 3
  • For more course tutorials visit
  • www.newtonhelp.com
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  • (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

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  • ACCT 505 Final Exam
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
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  • 1ACCT 505 Final Exam

8
  • ACCT 505 Midterm Exam (New) 6 Sets
  • For more course tutorials visit
  • www.newtonhelp.com
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  •  
  • This Tutorial contains 6 Sets of Midterm Exam
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  • 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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  • Question 2.2. (TCO A)  Total fixed costs (Points
    6)
  •          will increase with increases in
    activity.
  •          will decrease with increases in
    activity.

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  • ACCT 505 Midterm Exam (New) Set 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
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  • 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.

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  • ACCT 505 Midterm Exam (New) Set 2
  • For more course tutorials visit
  • www.newtonhelp.com
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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.
  • 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.

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  • ACCT 505 Week 1 Case Study
  • For more course tutorials visit
  • www.newtonhelp.com
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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.
  •  
  • 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

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  • ACCT 505 Week 1-7 All Discussion Questions
  • For more course tutorials visit
  • www.newtonhelp.com
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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
  • Week 3DQ 2 Research and Application
  • Week 4DQ 1 Budgeting Case Study

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  • ACCT 505 Week 2 Case 3-29 Ethics and the Manager
  • For more course tutorials visit
  • www.newtonhelp.com
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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

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  • ACCT 505 Week 2 Quiz Job Order and Process
    Costing Systems
  • For more course tutorials visit
  • www.newtonhelp.com
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  • .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

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  • ACCT 505 Week 2 Quiz Set 2
  • For more course tutorials visit
  • www.newtonhelp.com
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  • 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.

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  • ACCT 505 Week 3 Case Study 420 Ethics and the
    Manager
  • For more course tutorials visit
  • www.newtonhelp.com
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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

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  • ACCT 505 Week 3 Case Study II
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
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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
  • Average full passenger fare
  • 160
  • Average variable cost per passenger
  • 70

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  • ACCT 505 Week 4 Midterm Exam
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
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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
  • (TCO A) When the activity

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  • ACCT 505 Week 5 Course Project 1 LBJ Company
    (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  •  
  • 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.
  • The company sells

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  • ACCT 505 Week 6 Case Study Balanced Scorecard
    Case (700 words Paper)
  • For more course tutorials visit
  • www.newtonhelp.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

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  • ACCT 505 Week 6 Quiz Segment Reporting and
    Relevant Costs for Decisions
  • For more course tutorials visit
  • www.newtonhelp.com
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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
  • (A)
  • Yes
  • Yes
  • (B)
  • Yes
  • No

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  • ACCT 505 Week 6 Quiz Set 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
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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?
  • 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

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  • ACCT 505 Week 7 Course Project 2 Capital
    Budgeting Decision (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
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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

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ACCT 505 Experience Tradition/newtonhelp.Com
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