Title: ACC 543 Begins Education / snaptutorial.com
1ACC 543 Course Begins Education /
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2ACC 543 Course Begins Education /
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- ACC 543 Aspects of Employment and Environment
Paper and PowerPoint
- ACC 543 Capital Budget Recommendation
- pects of Employment and Environment Paper and
PowerPoint You are an accountant at a small
accounting firm. One of your clients is looking
to open a small river-rafting business. Your
client will run the business operations from a
mobile home office on a piece of land on the
riverbank.
- Capital Budget Recommendation Guillermo
Furniture, a company that manufactures midgrade
and high-end sofas, has just hired you as an
accountant. The owner, Guillermo Navallez, has
assigned you the tasks of determining which
decisions provide the greatest returns.
3ACC 543 Course Begins Education /
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- ACC 543 Capital Budget Recommendation
- ACC 543 Aspects of Employment and Environment
Paper and PowerPoint - ACC 543 Exercise 24-1 Net Present Value/Present
Value Index - ACC 543 Exercise 24-6A Determining Net Present
- Exercise 15-6B Fixed versus variable cost
behavior Professional Chairs Corporation produces
ergonomically designed chairs favored by
architects. The company normally produces and
sells from 5,000 to 8,000 chairs per year. The
following cost data apply to various production
activity levels.
4ACC 543 Course Begins Education /
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- ACC 543 Exercise 15-17A Identifying Cost Behavior
- Exercise 15-12B Effect of cost structure on
projected profits Logan and Martin compete in the
same market. The following budgeted income
statements illustrate their cost structures.
Required a. Assume that Logan can lure all 80
customers away from Martin by lowering its sales
price to 75 per customer.
- Exercise 15-17A Identifying Cost Behavior
Identify the following costs as fixed or
variable. Costs related to plane trips between
San Diego, California, and Orlando, Florida,
follow. Pilots are paid on a per trip basis. a.
Pilots salaries relative to the number of trips
flown. b. Depreciation relative to the number of
planes in service. c.
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- Exercise 16-9A Mimosa Corporation expects to
incur indirect overhead costs of 72,000 per
month and direct manufacturing costs of 11 per
unit. The expected production activity for the
first four months of 2007 is as follows. Required
a. Calculate a predetermined overhead rate based
on the number of units
- Exercise 18-17A Hamby Company had 250 units of
product in its work in process inventory at the
beginning of the period and started 2,000
additional units during the period. At the end of
the period, 750 units were in work in process
inventory. The ending work in process inventory
was estimated to be 60 percent complete.
6ACC 543 Course Begins Education /
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- ACC 543 Exercise 18-17B Process Cost System Cost
of Production Report
- ACC 543 Exercise 19-24A Assessing Simultaneous
Changes in CVP Relationships
- Exercise 18-17B Process Cost System Cost of
Production Report At the beginning of 2004,
Dozier Company had 1,800 units of product in its
work in process inventory, and it started 19,200
additional units of product during the year. At
the end of the year, 6,000 units of product were
in the work in process inventory.
- Exercise 19-24A Assessing Simultaneous Changes
in CVP Relationships Green Shades Inc. (GSI)
sells hammocks variable costs are 75 each, and
the hammocks are sold for 125 each. GSI incurs
250,000 of fixed operating expenses annually.
Required a. Determine the sales volume in units
and dollars required to attain a 50,000 profit.
7ACC 543 Course Begins Education /
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- ACC 543 Exercise 22-6A Using a flexible budget to
accommodate market uncertainty
- ACC 543 Exercise 24-1 Net Present Value Present
Value Index
- Exercise 22-6A Using a flexible budget to
accommodate market uncertainty According to its
original plan, Katta Consulting Services Company
would charge its customers for service at 200
per hour in 2006. Kattas standard variable cost
is 90 per hour, and its standard fixed cost is
3,000,000.
- Exercise 24-1 Net Present Value/Present Value
Index The management team at Savage Corporation
is evaluating two alternative capital investment
opportunities. The first alternative, modernizing
the companys current machinery, costs 45,000.
Management estimates the new machine will
generate cash inflows of 15,000 per year.
8ACC 543 Course Begins Education /
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- ACC 543 Exercise 24-3A Present Value Analysis
- ACC 543 Exercise 24-4A Determining the present
value of an annuity
- Exercise 24-3A Present Value Analysis Ginger
Smalley expects to receive a 300,000 cash
benefit when she retires five years from today.
Ms. Smalleys employer has offered an early
retirement incentive by agreeing to pay her
180,000 today if she agrees to retire
immediately. Ms. Smalley desires to earn a rate
of return of 12 percent.
- Exercise 24-4A Determining the present value of
an annuity The dean of the School of Social
Science is trying to decide whether to purchase a
copy machine to place in the lobby of the
building.The machine is expected to have a
three-year useful life with a zero salvage value.
Required a.
9ACC 543 Course Begins Education /
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- ACC 543 Exercise 24-5A Determining net present
value
- ACC 543 Exercise 24-5B Purchase of Popcorn
Machine
- Exercise 24-5A Determining net present value
Transit Shuttle Inc. is considering investing in
two new vans that are expected to generate
combined cash inflows of 20,000 per year. The
vans combined purchase price is 65,000. The
expected life and salvage value of each are four
years and 15,000, respectively.
- Exercise 24-5B Purchase of Popcorn Machine Heidi
Kahn, manager of the Grand Music Hall, is
considering the opportunity to expand the
companys concession revenues. Specifically, she
is considering whether to install a popcorn
machine. The purchase price of the machine is
5,000.
10ACC 543 Course Begins Education /
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- ACC 543 Exercise 24-6A Determining Net Present
Value
- ACC 543 Exercise 24-8A Determining the Internal
Rate of Return
- Exercise 24-6A Determining Net Present Value
Travis Vintor is seeking part-time employment
while he attends school. He is considering
purchasing technical equipment that will enable
him to start a small training services company
that will offer tutorial services over the
Internet.
- Exercise 24-8A Determining the Internal Rate of
Return Medina Manufacturing Company has an
opportunity to purchase some technologically
advanced equipment that will reduce the companys
cash outflow for operating expenses by 1,280,000
per year. The cost of the equipment is
6,186,530.56
11ACC 543 Course Begins Education /
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- ACC 543 Flexible Budgets Team Paper
- Flexible Budgets Team Paper Write a paper of no
more than 1,050 words in which you discuss
flexible budgets. Explain the relationship
between fixed and variable costs used in a
flexible budget. Discuss the differences between
static and flexible budgets and how a flexible
budget lends itself to a cost-volume-profit
analysis.
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