ACCT 505 Course Experience Tradition / acct505.com - PowerPoint PPT Presentation

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ACCT 505 Course Experience Tradition / acct505.com

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For more course tutorials visit www.acct505.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 3 Case Study II ACCT 505 Week 4 Midterm Exam ACCT 505 Week 5 Measuring Performance - Course Project A ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions ACCT 505 Week 7 Capital Budgeting Course Project – PowerPoint PPT presentation

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Title: ACCT 505 Course Experience Tradition / acct505.com


1
ACCT 505 Course Experience Tradition /
acct505.com
For More Courses
Visit Now
www.acct505.com
The progress of the world depends almost entirely
upon education
2
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Entire Course (Devry)
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
3 Case Study II   ACCT 505 Week 4 Midterm
Exam   ACCT 505 Week 5 Measuring Performance -
Course Project A  
3
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Final Exam (Devry)
ACCT 505 Final Exam 
4
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 1 Case Study (Devry)
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.
5
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 1-7 All Discussion Questions (Devry)
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
6
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 2 Quiz Job Order and Process
Costing Systems (Devry)
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.
7
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 3 Case Study II (Devry)
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
8
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 4 Midterm Exam (Devry)
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
9
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 5 Measuring Performance - Course
Project A (Devry)
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. 2. A cash budget. Show the budget
by month and in total. Determine any borrowing
that would be needed to maintain the minimum cash
balance of 50,000.
10
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions (Devry)
1.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
11
ACCT 505 Course Experience Tradition /
acct505.com
ACCT 505 Week 7 Capital Budgeting Course Project
(Devry)
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. The company would
hire three new employees. These three individuals
would be full-time employees working 2,000 hours
per year and earning 12.00 per hour. They would
also receive the same benefits as other
production employees, 18 of wages in addition to
2,500 of health benefits.
12
ACCT 505 Course Experience Tradition /
acct505.com
For More Courses
Visit Now
www.acct505.com
The progress of the world depends almost entirely
upon education
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