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ACC 349 A Clearer Path to Student Success / tutorialrank.com

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"For more course tutorials visit www.tutorialrank.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 A Clearer Path to Student Success / tutorialrank.com


1
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 4
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

3
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 5
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

4
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 6
  •  
  • For more course tutorials visit
  • www.tutorialrank.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 accounting
    apply to your career?  What is the code of
    conduct for managerial accountants?

5
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 7
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

6
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 8
  •  
  • For more course tutorials visit
  • www.tutorialrank.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
    budgeting process at your organization? Is it
    effective? Why or why not?

7
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 9
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • What are the characteristics of a flexible
    budget?  How does a flexible budget work?  Do you
    have experience with this type of budgeting?

8
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Discussion 10
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • What are some of the potential problems with
    standard cost?  Please explain your thoughts

9
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Entire Course (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • ACC 349 Week 1 Individual Assignment  BYP 1-7,
    E1-7 (UOP Course)
  • ACC 349 Week 1 Discussion Question 1 (UOP Course)
  • ACC 349 Week 1 Discussion Question 2 (UOP Course)
  • ACC 349 Week 2 Individual Assignment Assignments
    CH 2 3 (UOP Course)
  • ACC 349 Week 2 Team Assignment Problems  Ch. 2
    3 (UOP Course)

10
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Final Exam Guide (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?     

11
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 1 Discussion Question 1 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

12
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 1 Discussion Question 2 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

13
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 1 Individual Assignment BYP 1-7,
    E1-7 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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

14
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 1 Lab Problems
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • Week 1
  •  
  • Question 1        Segregation of duties
  • o   is a preventive control
  • o   is a detective control
  • o   separates responsibilities for authorizing
    transactions, recording transactions, and
    maintaining custody of the related assets

15
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Connect Problems (with Excel
    Sheet)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • 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

16
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Discussion Question 1 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

17
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Discussion Question 2 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

18
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Individual Assignment Assignments
    CH 2 and 3 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • 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

19
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Lab Problems
  •  
  • For more course tutorials visit
  • www.tutorialrank.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
  •  
  • Dinner (per person)                               
                  10
  • Favors and program (per person)
                           4
  • Band                                              
                         700
  • Rental of ballroom                                
                  2,000
  • Professional entertainment during intermission
                 2,000

20
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Team Assignment Case Study BYP 2-2
    (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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

21
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 2 Team Assignment Problems Ch. 2 and
    3 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • Prepare written responses to the following
    problems from Managerial Accounting Tools for
    Business Decision Making
  •  
  • Ch. 2 Problem P2-4A
  • Ch. 3 Problem P3-3A

22
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Connect Problems (with Excel
    Sheet)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • 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
  • Factory equipment depreciation 332,000
  • Distribution of Resource Consumption across
    Activity Cost Pools

23
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Discussion Question 1 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

24
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Discussion Question 2 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

25
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Individual Assignment Article
    Analysis Summary (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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 you learned as a result of your
    reading.

26
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Individual Assignment Assignments
    Ch. 4 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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
  • Questions 13 and 14

27
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Team Assignment Case Study Ch. 4
    (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • Prepare written responses to the following case
    study from Ch. 4 of Managerial Accounting Tools
    for Business Decision Making
  •  
  • Managerial Analysis BYP 4-2

28
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 3 Team Assignment Problems Ch. 4
    (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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

29
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 4 Discussion Question 1 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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.

30
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 4 Discussion Question 2 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

31
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 4 Individual Assignment Ch. 5 and 6
    (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • Prepare written responses to the following
    assignments from Managerial Accounting Tools for
    Business Decision Making
  •  
  • Ch. 5 Exercises E5-1 and E5-9
  • Ch. 6 Exercises E6-7 and E6-10

32
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 4 Lab Problems
  •  
  • For more course tutorials visit
  • www.tutorialrank.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

33
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 4 Team Assignment Case Study Ch. 6
    (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • Prepare written responses to the following case
    study from Ch. 6 of Managerial Accounting Tools
    for Business Decision Making
  •  
  • Managerial Analysis BYP 6-2 

34
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 4 Team Assignment Problems Ch. 7
    (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.com
  •  
  • Prepare written responses to the following
    problems from Ch. 7 of Managerial Accounting
    Tools for Business Decision Making
  •  
  • Problem P7-1A

35
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  •  
  • ACC 349 Week 5 Discussion Question 1 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

36
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 5 Discussion Question 2 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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?

37
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 5 Individual Assignment Ch. 8, 9,
    and 11 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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
  • Ch. 11 Exercise E11-6

38
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 5 Lab Problems
  •  
  • For more course tutorials visit
  • www.tutorialrank.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                             Standard Price    
                      Standard
  •                                              
    Hours                                      or
    Rate                                  Cost

39
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
  • ACC 349 Week 5 Team Assignment Problems Ch. 8 and
    11 (UOP Course)
  •  
  • For more course tutorials visit
  • www.tutorialrank.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

40
ACC 349 Help A Clearer Path to Student Success /
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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