ACC 560 Begins Education / Snaptutorial.com (1)

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ACC 560 Begins Education / Snaptutorial.com (1)

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For more classes visit www.snaptutorial.com ACC 560 Week 1 Homework Chapter 1 (E1-5, E1-9, E1-10 and E1-2A) ACC 560 Week 2 Homework Chapter 2 and Chapter 3 (E2-5, E2-7, E2-13, P2-4A, E3-3, E3-7, E3-8, E3-2A) ACC 560 Week 3 Homework Chapter 4 (BE 4-7, BE 4-12, E4-1, E4-6, E4-14) ACC 560 Week 4 Homework Chapter 5 and Chapter 6 (E5-6, E5-9, E5-13, E6-2, E6-7, E6-12) ACC 560 Week 5 Homework Chapter 7 and chapter 8 (E7-3, E7-7, E7-11, P7-3A, E8-2, E8-6, E8-9, P8-5A) ACC 560 Week 6 Homework Chapter 9 and Chapter 10 (E9-3, E9-8, E9-15, P9-5A, E10-3, E10-5, E10-17, P10-5A) – PowerPoint PPT presentation

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Title: ACC 560 Begins Education / Snaptutorial.com (1)


1
ACC 560 Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 1 Homework Chapter 1 (E1-5, E1-9,
E1-10 and E1-2A)   1. Property taxes on the
factory building. 2. Production superintendents
salaries. 3. Memory boards and chips used in
assembling computers. 4. Depreciation on the
factory equipment. 5. Salaries for assembly-line
quality control inspectors. 6. Sales commissions
paid to sell laptop computers.
3
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 1-11 All Homework, Quizzes,
Assignments   ACC 560 Week 2 Homework Chapter 2
and Chapter 3 (E2-5, E2-7, E2-13, P2-4A, E3-3,
E3-7, E3-8, E3-2A) ACC 560 Week 3 Homework
Chapter 4 (BE 4-7, BE 4-12, E4-1, E4-6,
E4-14) ACC 560 Week 4 Homework Chapter 5 and
Chapter 6 (E5-6, E5-9, E5-13, E6-2, E6-7,
E6-12) ACC 560 Week 5 Homework Chapter 7 and
chapter 8 (E7-3, E7-7, E7-11, P7-3A, E8-2, E8-6,
E8-9, P8-5A) ACC 560 Week 6 Homework Chapter 9
and Chapter 10 (E9-3, E9-8, E9-15, P9-5A, E10-3,
E10-5, E10-17, P10-5A)
4
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 2 Homework Chapter 2 and Chapter 3
(E2-5, E2-7, E2-13, P2-4A, E3-3, E3-7, E3-8,
E3-2A) (a) Compute the manufacturing overhead
rate for the year (b) What is the amount of
under- or over applied overhead at December
31? (c) Prepare the adjusting entry to assign the
under- or over applied overhead for the year to
cost of goods sold.
5
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 2 Quiz 1 (Chapter 1)   Dolan
Company's accounting records reflect the
following inventories Dec. 31, 2017 Dec. 31,
2016 Raw materials inventory 310,000
260,000 Work in process inventory 300,000
160,000 Finished goods inventory 190,000 150,000
6
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 3 Assignment 1 Activity-based
Costing (ABC) in Service Industries (2
Papers)   1. Describe the company you researched
in one to two (1-2) paragraphs. 2. Discuss how a
time driven ABC cost system can be implemented in
the company you researched and the benefits that
the use will yield to the business
performance. 3. Assess how using an ABC system
can provide a competitive advantage to the
company in the market space it operates and the
resulting impact to the business performance.
7
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 3 Homework Chapter 4 (BE 4-7, BE
4-12, E4-1, E4-6, E4-14)   ACC 560 WEEK 3 Chapter
4 Brief Exercises 7 and 12 Exercises 1, 6, and
14 BE4-7 Spud, Inc. a manufacturer of gourmet
potato chips, employs activity-based costing. The
budgeted data for each of the activity cost pools
is provided below for the year 2017. Activity
Cost Pools Estimated Overhead
Expected Use of Cost Drivers per


Activity Ordering and receiving
84,000 12,000
orders Food processing
480,000 60,000
machine hours Packaging
1,760,000
440,000 labor hours
8
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 4 Homework Chapter 5 and Chapter 6
(E5-6, E5-9, E5-13, E6-2, E6-7, E6-12)   PCB
Corporation manufactures a single product.
Monthly production costs incurred in the
manufacturing process are shown below for the
production of 3,000 units. The utilities and
maintenance costs are mixed costs. The fixed
portions of these costs are 300 and 200,
respectively. Instructions A. Identify the above
costs as variable, fixed, or mixed. B. Calculate
the expected costs when production is 5,000
units.
9
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 4 Quiz 2 (Chapter 4)   Reynoso
Corporation manufactures titanium and aluminum
tennis racquets. Reynosos total overhead costs
consist of assembly costs and inspection costs.
The following information is available Cost
Titanium Aluminum Total Cost Assembly 500 mach.
hours 500 mach. hours 60,000 Inspections 350 150
100,000 2,100 labor hours 1,900 labor hours
10
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 5 Homework Chapter 7 and chapter 8
(E7-3, E7-7, E7-11, P7-3A, E8-2, E8-6, E8-9,
P8-5A)   Chapter 7 Exercises 3, 7, and 11,
P7-3A Chapter 8 Exercises 2, 6, and 9,
P8-3A Cost of goods sold was 70 variable and 30
fixed operating expenses were 80 variable and
20 fixed. In September, Moonbeam receives a
special order for 15,000 toasters at 7.60 each
from Luna Company of Ciudad Juarez. Acceptance of
the order would result in an additional 3,000 of
shipping costs but no increase in fixed costs.
11
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 5 Quiz 3 (Chapters 5 and 6)   In
2016, Teller Company sold 3,000 units at 600
each. Variable expenses were 420 per unit, and
fixed expenses were 270,000. The same selling
price, variable expenses, and fixed expenses are
expected for 2017. What is Tellers break-even
point in sales dollars for 2017?
12
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 6 Homework Chapter 9 and Chapter 10
(E9-3, E9-8, E9-15, P9-5A, E10-3, E10-5, E10-17,
P10-5A)   Fuqua Company's sales budget projects
unit sales of part 198Z of 10,000 units in
January, 12,000 units in February, and 13,000
units in March. Each unit of part 198Z requires 4
pounds of materials, which cost 2 per pound.
Fuqua Company desires its ending raw materials
inventory to equal 40 of the next month's
production requirements, and its ending finished
goods inventory to equal 20 of the next month's
expected unit sales. These goals were met at
December 31, 2016.
13
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 6 Quiz 4 (Chapters 7 and 8)   In
March 2016, Wheels N Spokes repairs a bicycle
that takes two hours to repair and uses parts of
240. The bill for this repair would be In
cost-plus pricing, the target selling price is
computed as The labor charge per hour in
time-and-material pricing includes all of the
following
14
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 7 Homework Chapter 11 (E11-3, E11-6,
E11-12, P11-2A)   Stefani Company has gathered
the following information about its product.
Direct materials. Each unit of product contains
4.5 pounds of materials. The average waste and
spoilage per unit produced under normal
conditions is 0.5 pounds. Materials cost 5 per
pound, but Stefani always takes the 2 cash
discount all of its suppliers offer. Freight
costs average 0.25 per pound. Direct labor. Each
unit requires 2 hours of labor. Setup, cleanup,
and downtime average 0.4 hours per unit. The
average hourly pay rate of Stefani's employees is
12. Payroll taxes and fringe benefits are an
additional 3 per hour. Manufacturing overhead.
Overhead is applied at a rate of 7 per direct
labor hour.
15
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 7 Quiz 5 (Chapter 9 and Chapter
10)   The production budget shows expected unit
sales are 100,000. The required production units
are 104,000. What are the beginning and desired
ending finished goods units, respectively? Which
of the following is not a proper match-up? If a
company has adopted continuous budgeting, the
budget will show plans for
16
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 8 Homework Chapter 12 (E12-3, E12-5,
E12-8)   Hillsong Inc. manufactures snowsuits.
Hillsong is considering purchasing a new sewing
machine at a cost of 2.45 million. Its existing
machine was purchased five years ago at a price
of 1.8 million six months ago, Hillsong spent
55,000 to keep it operational. The existing
sewing machine can be sold today for 250,000.
The new sewing machine would require a one-time,
85,000 training cost. Operating costs would
decrease by the following amounts for years 1 to
7
17
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 8 Quiz 6 (Chapter 11)   If actual
direct materials costs are greater than standard
direct materials costs, it means that? The
standard direct materials quantity does not
include allowances for ? Marburg Co. expects
direct materials cost of 6 per unit for 100,000
units (a total of 600,000 of direct materials
costs). Marburgs standard direct materials cost
and budgeted direct materials cost is
18
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 9 Assignment 2 Johnson Controls
Capital Investments (2 Papers)   Visit the
Website of Johnson Controls Inc., located at
http//www.johnsoncontrols.com, and review its
2012 financial forecasts. According to the
forecasts, Johnson Controls will increase capital
investments to approximately 1.7 billion. More
than 70 of the company's capital expenditures in
2012 are associated with growth and margin
expansion opportunities. The specific course
learning outcomes associated with this assignment
are
19
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 9 Homework Chapter 13 (E13-4, E13-6,
E13-7 and P13-1A)   Gutierrez Company reported
net income of 225,000 for 2017. Gutierrez also
reported depreciation expense of 45,000 and a
loss of 5,000 on the disposal of equipment. The
comparative balance sheet shows a decrease in
accounts receivable of 15,000 for the year, a
17,000 increase in accounts payable, and a
4,000 decrease in prepaid expenses.
20
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 10 Homework Chapter 14 (E14-4,
E14-7, E14-11)   The comparative condensed income
statements of Emley Corporation are shown
below. EMLEY CORPORATION Comparative Condensed
Income Statements . Prepare a horizontal
analysis of the income statement data for Emley
Corporation using 2016 as a base. (Show the
amounts of increase or decrease. . Prepare a
vertical analysis of the income statement data
for Emley Corporation in columnar form for both
years.
21
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 10 Homework Chapter 14 (E14-4,
E14-7, E14-11)   The comparative condensed income
statements of Emley Corporation are shown
below. EMLEY CORPORATION Comparative Condensed
Income Statements . Prepare a horizontal
analysis of the income statement data for Emley
Corporation using 2016 as a base. (Show the
amounts of increase or decrease. . Prepare a
vertical analysis of the income statement data
for Emley Corporation in columnar form for both
years.
22
ACC 560 Course Seek Your Dream / snaptutorial.com
ACC 560 Week 11 Quiz 8 (Chapter 14)   Ale
Corporation had net income of 240,000 and paid
dividends to common stockholders of 40,000 in
2017. The weighted average number of shares
outstanding in 2017 was 60,000 shares. Ale
Corporation's common stock is selling for 76 per
share on the New York Stock Exchange. Ale
Corporation's price-earnings ratio is Blaney
Clothing Store had a balance in the Accounts
Receivable account of 437,500 at the beginning
of the year and a balance of 500,000 at the end
of the year. Net credit sales during the year
amounted to 3,000,000. The average collection
period of the receivables in terms of days was
23
ACC 560 Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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