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For more course tutorials visit www.uophelp.com ACCT 434 Week 1-7 All Discussion Questions ACCT-434 Week 1 Quiz Activity Based Costing ACCT-434 Week 2 Master Budget Flexible Budgets – PowerPoint PPT presentation

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Title: ACCT 434 To exceed, you must read/Uophelpdotcom


1
ACCT 434 To exceed, you must read/Uophelpdotcom
  • For more course tutorials visit
  • www.uophelp.com

2
ACCT 434 Entire Course Advanced Cost Management
(Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • ACCT 434 Week 1-7 All Discussion Questions
  • ACCT-434 Week 1 Quiz Activity Based Costing 
  • ACCT-434 Week 2 Master Budget Flexible Budgets 
  • ACCT-434 Week 3 Cost Behavior Decision Making
    Quality 
  • ACCT-434 Week 4 Midterm Exam 
  • CCT-434 Week 5 Pricing Decisions Management
    Control Systems 
  • ACCT-434 Week 6 Customer Profitability Capital
    Budgeting
  • ACCT-434 Week 7 Quality Control Inventory
    ManagementACCT-434 Advanced Cost Management
    Complete Course Material from devryUnivesity
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3
ACCT 434 Week 1 Quiz Activity Based Costing
(Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO 1) The average cost data are for
    In-Sync Fixtures Company's (a retailer) only two
    product lines, Marblette and Italian
    Marble.Marblette Italian Marble
  • Purchase volume 20,000 1,000Purchase cost per
    unit 50 250Shipments received 12 12Hours used
    per shipment 5 3 These data were accumulated
    after a careful activity analysis.
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4
ACCT 434 Week 1-7 All Discussion Questions
(Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Week 1 DQ1 ABC Journey
  • Week 1 DQ2 Workout Room
  • Week 2 DQ1 Flexible versus Static Budgets
  • Week 2 DQ2 Workout Room
  • Week 3 DQ1 Relevant Costs
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5
ACCT 434 Week 2 Master Budget Flexible Budgets
(Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO 2) Operating budgets and
    financial budgets
  • 2.Question (TCO 2) To gain the benefits of
    budgeting, ________ must understand and support
    the budget.
  • 3.Question (TCO 2) Which budget is not necessary
    to prepare the budgeted balance sheet?
  • 4.Question (TCO 2) A feature of a
    standard-costing system is that the costs of
    every product or service planned to be worked on
    during the period can be computed at the start of
    that period. This feature of standard costing
    makes it possible to
  • 5.Question (TCO 2) An unfavorable variance
    indicates that
  • 6.Question (TCO 2) Which of the following
    statements is true about overhead cost variance
    analysis using activity-based costing?
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6
ACCT 434 Week 3 Cost Behavior Decision Making
Quality (Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO 3) Dougherty Company employs 20
    individuals. Eight employees are paid 12 per
    hour and the rest are salaried employees paid
    3,000 a month. How would total costs of
    personnel be classified?
  • 2.Question (TCO 3) For January, the cost
    components of a picture frame include 0.35 for
    the glass, 0.65 for the wooden frame, and 0.80
    for assembly. The assembly desk and tools cost
    400. A total of 1,000 frames is expected to be
    produced in the coming year. What cost function
    best represents these costs?
  • 3.Question (TCO 3) Which cost estimation method
    uses a formal mathematical method to develop cost
    functions based on past data?
  • 4.Question (TCO 3) Penny's TV and Appliance
    Store is a small company that has hired you to
    perform some management advisory services. The
    following information pertains to 20X8
    operations Sales (2,000 televisions) 900,000
    Cost of goods sold 400,000 Store manager's
    salary per year 70,000 Operating costs per year
    157,000 Advertising and promotion per year
    15,000 Commissions (4 of sales) 36,000. What
    are the estimated total costs if Penny's expects
    to sell 3,000 units next year?
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7
ACCT 434 Week 4 Midterm Exam (Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO1) ABC systems create
  • 2.Question (TCO 1) Merriamn Company provides the
    following ABC costing information
  • Activities
  • Total Costs
  • Activity-cost drivers
  • Account inquiry hours
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8
ACCT 434 Week 5 Pricing Decisions Management
Control Systems (Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO 7) Major influences of
    competitors, costs, and customers on pricing
    decisions are factors of
  • 2.Question (TCO 7) The first step in
    implementing target pricing and target costing is
  • 3.Question (TCO 7) The markup percentage is
    usually higher if the cost base used is
  • 4.Question (TCO 7) An understanding of
    life-cycle costs can lead to
  • 5.Question (TCO 7) Pritchard Company
    manufactures a product that has a variable cost
    of 30 per unit. Fixed costs total 1,500,000,
    allocated on the basis of the number of units
    produced. Selling price is computed by adding a
    20 markup to full cost. How much should the
    selling price be per unit for 300,000 units?
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9
ACCT 434 Week 6 Customer Profitability Capital
Budgeting (Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO 9) To guide cost allocation
    decisions,the benefits-received criterion
  • 2.Question (TCO 9) A challenge to using
    cost-benefit criteria for allocating costs isthat
  • 3.Question (TCO 9) The MOST likely reason for
    NOT allocating corporate costs todivisions
    include that
  • 4.Question (TCO 9)Identifying homogeneous cost
    pools
  • 5.Question (TCO 9) The Hassan Corporation has an
    electric mixer division and an electric lamp
    division. Of a 20,000,000 bond issuance, the
    electric mixer division used 14,000,000 and the
    electric lamp division used 6,000,000 for
    expansion. Interest costs on the bond totaled
    1,500,000 for the year. What amount of interest
    costs should be allocated to the electric lamp
    division?
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10
ACCT 434 Week 7 Quality Control Inventory
Management (Devry)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 1.Question (TCO 11)The four cost categories in a
    cost of quality program are
  • 2.Question (TCO 11) ________ is a formal means
    ofdistinguishing between random and nonrandom
    variation in an operatingprocess.
  • 3.Question (TCO 11) Which of the following is
    NOT one of the steps in managingbottlenecks under
    the theory of constraints?
  • 4.Question (TCO 11)Scrap is an example of
  • 5.Question (TCO 11) Regal Products has a budget
    of 900,000 in 20X6 for prevention costs. If it
    decides to automate a portion of its prevention
    activities, it will save 60,000 in variable
    costs. The new method will require 18,000 in
    training costs and 120,000 in annual equipment
    costs. Management iswilling to adjust the budget
    for an amount up to the cost of the new
    equipment. The budgeted production level is
    150,000 units. Appraisal costs for the year are
    budgeted at 600,000. The new prevention
    procedures will save appraisal costs of 30,000.
     
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11
ACCT 434 To exceed, you must read/Uophelpdotcom
  • For more course tutorials visit
  • www.uophelp.com
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