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For more classes visit www.snaptutorial.com Multiple Choice 5 Short 9 Question 1. Question : (TCO 4) Assumptions underlying cost-volume-profit analysis include all of the following, Question 2. Question : (TCO 6) A basic assumption of activity-based costing (ABC) is that: – PowerPoint PPT presentation

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Title: ACCT 364 Apprentice tutors / snaptutorial.com


1
ACCT 364 Slingshot Academy / snaptutorial.com
For More Tutorials
www.snaptutorial.com
2
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 364 Final Exam Guide (New)
  • ACCT 364 Managerial Accounting Course Project on
  • Multiple Choice 5
  • Short 9
  • Question 1. Question (TCO 4)
    Assumptions underlying cost-volume-profit
    analysis include all of the following,
  • Details
  • This course has a six-part project with
    deliverables due in six of the eight weeks.
  • The course project takes a new company through
    hypothetical scenarios to reinforce the TCOs. By
    using a single entity, in a variety of business
    situations, you will see the practical
    application of a number of managerial

3
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 364 Managerial Accounting Entire Course
  • ACCT 364 Midterm Exam All 4 Sets
  • ACCT 346 Week 1 Homework Assignment
  • ACCT 346 Week 2 Homework Assignment
  • ACCT 346 Week 3 Homework Assignment
  • ACCT 346 Week 4 Homework Assignment
  • ACCT 346 Week 5 Homework Assignment
  • Details of All Questions Included in these
    midterms could be found on this link
  • ACCT 346 Midterm Set 1 (New)
  • http//www.snaptutorial.com/ACCT-346/ACCT-346-Midt
    erm-Set-1-(New)
  • ACCT 346 Midterm Set 2 (New)

4
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 364 Midterm Set 1 (New)
  • ACCT 364 Midterm Set 2 (New)
  • Multiple Choice 10
  • Short 4
  • 1. (TCO 1) Which of the following is NOT a
    difference between Financial Accounting and
    Managerial Accounting? (Points 7)
  • Financial Accounting is concerned with
    the past, while Managerial Accounting is
    concerned with the future.
  • Multiple Choice 10
  • Short 4
  • Grade Details - All Questions
  • Page 1 2
  • Question 1. Question (TCO 1) The
    goal of managerial accounting is to provide
    information that managers need for which of the
    below?

5
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 346 Week 1 Homework Assignment
  • ACCT 346 Week 1-7 All Discussion Questions
  • 1. Identify whether each of the items below
    is a Product Cost or Period Cost
  • 2. Identify whether each of the items below is a
    Direct Cost or Indirect Cost 3. Identify whether
    each of the below is a Fixed Cost or Variable
    Cost 4. Classify each as direct material, direct
    labor, indirect labor, indirect labor, other
    manufacturing overhead or period cost, and then
    answer
  • Week 1 DQ 1 Ethics and Ethical Behavior
  • Week 1 DQ 2 Managerial and Financial Accounting
  • Week 2 DQ 1 Job Order Costing
  • Week 2 DQ 2 Process Costing
  • Week 3 DQ 1 Cost-Volume-Profit Analysis
  • Week 3 DQ 2 Variable Costing and Full Costing

6
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 346 Week 2 Homework Assignment
  • ACCT 346 Week 3 Homework Assignment
  • 1. Biltz Company uses a predetermined
    manufacturing overhead rate based on direct labor
    hours to allocate (apply or charge) manufacturing
    overhead costs to jobs. During the year, the
    company actually incurred manufacturing overhead
    costs of 582,000 and 135,000 direct labor hours
    were worked. The company originally estimated
    that it would incur 525,000
  • 1. Beginning WIP inventory is 15,500 units, 75
    complete for materials. During the month, 90,000
    units were started 87,000 were finished and
    ending WIP was 18,500 units that were 50
    complete for materials.

  • How many equivalent units should be used to
    allocate costs for materials? (Assume that the
    weighted average method is used, not FIFO.)


7
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 346 Week 3 Quiz (2 Sets)
  • ACCT 346 Week 4 Homework Assignment
  • ACCT 346 Week 3 Quiz (2 Sets)
  • 1.MountainAir Company has the following selected
    data for the past year
  • Units sold during year 30,000
  • Units produced during year 45,000
  • Units in ending inventory 15,000
  • Variable manufacturing cost per unit 4.50
  • Fixed manufacturing overhead (in total)

8
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 346 Week 4 Midterm 1
  • ACCT 346 Week 4 Midterm 2
  • 1. Question
  • (TCO 1) Managerial accounting stresses accounting
    concepts and procedures that are relevant to
    preparing reports for
  • 2. Question
  • TCO 1) Which of the following statements
    regarding fixed costs is true?
  • 1.Question
  • (TCO 1) Which of the following is not a
    difference between financial accounting and
    managerial accounting?
  • 2. Question
  • TCO 1) Which of the following statements
    regarding fixed costs is true?
  • 3. Question
  • (TCO 1) You own a car and are trying to decide
    whether

9
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 346 Week 5 Homework Assignment
  • ACCT 346 Week 6 Homework Assignment
  • 1a. How many boxes of chocolates must Palmer's
    Gourmet Chocolates sell to break even?
  • 1. Palmer's Gourmet Chocolates produces and
    sells assorted boxed chocolates. The unit selling
    price is 50 per box, unit variable costs are 25
    per box, and total fixed costs for the company
    are 2,000.
  • 1. Cave Hardware's forecasted sales for April,
    May, June, and July are 200,000, 230,000,
    190,000, and 240,000, respectively. Sales are
    65 cash and 35 credit, with all accounts
    receivable collected in the month following the
    sale. Cost of goods sold is 75 of sales and
    ending inventory is maintained at 60,000 plus
    10 of the following months

10
ACCT 364 Slingshot Academy / snaptutorial.com
  • ACCT 346 Week 6 Quiz (2 Sets)
  • ACCT 346 Week 7 Homework Assignment
  • ACCT 346 Week 6 Quiz (2 Sets)
  • 1.Gomez Corporation is considering two
    alternative investment proposals with the
    following data
  • a. How long is the payback period for
    Proposal X?
  • b. What is the accounting rate of return
    for Proposal Y?
  • 2. You have been awarded a scholarship that will
    pay you 500 per semester at the end
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