ACCT 505Course Real Knowledge / acct505.com

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ACCT 505Course Real Knowledge / acct505.com
The Best way to predict the Future is to create
it.....To Best way....
www.acct505.com
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Entire Course (Devry) For more course
tutorials visit www.acct505.com ACCT 505 Week 1-7
All Discussion Questions ACCT 505 Week 1 Case
Study ACCT 505 Week 2 Quiz Job Order and
Process Costing Systems ACCT 505 Week 3 Case
Study II ACCT 505 Week 4 Midterm Exam ACCT
505 Week 5 Measuring Performance - Course Project
A ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 1 Case Study (Devry) For more
course tutorials visit www.acct505.com Top Switch
Inc. designs and manufactures switches used in
telecommunications. Serious flooding throughout
the state of Tennessee affected Top Switchs
facilities. Inventory was completely ruined, and
the companys computer system, including all
accounting records, was destroyed.Before the
unfortunate incident, recovery specialists
cleaned the buildings. The company controller is
very nervous and anxious to recover whatever
records he can to support the insurance claim for
the destroyed inventory. After consulting with
the cost accountant, t
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 1-7 All Discussion Questions
(Devry) For more course tutorials
visit www.acct505.com Week 1DQ 1 Cost Terms,
Classifications, and Behavior Week 1DQ 2 Research
and Application Week 2DQ 1 Job Order and Process
Costing Systems Week 2DQ 2 Research and
Application Week 3DQ 1 Variable Costing and CVP
Concepts Week 3DQ 2 Research and Application Week
4DQ 1 Budgeting Case Study Week 4DQ 2 Exam
Review Week 5DQ 1 Standards, Variances, Flexible
Budgets Week 5DQ 2 Research and Application Week
6DQ 1 Segment Reporting and Relevant Costs Week
6DQ 2 Research and Application Week 7DQ 1 Capital
Budgeting Week 7DQ 2 Exam Review
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 2 Quiz Job Order and Process
Costing Systems (Devry) For more course tutorials
visit www.acct505.com 1.Question (TCO F) For
which situation(s) below would an organization be
more likely to use a job-order costing system of
accumulating product costs rather than a process
costing system? 2. Question (TCO F) Process
costing would be appropriate for each of the
following except 3. Question (TCO F) Lucas
Company uses the weighted-average method in its
process costing system. The company adds
materials at the beginning of the process in the
Forming Department, which is the
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 3 Case Study II (Devry) For more
course tutorials visit www.acct505.com Springfield
Express is a luxury passenger carrier in Texas.
All seats are first class, and the following data
are available Number of seats per passenger
train car 90 Average load factor (percentage of
seats filled) 70 Average full passenger
fare 160 Average variable cost per
passenger 70 Fixed operating cost per
month 3,150,000 What is the break-even point in
passengers and revenues per month? What is the
break-even point in number of passenger train
cars per month? If Springfield Express raises its
average passenger fare to 190, it is estimated
that the average load factor will decrease to 60
percent
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 4 Midterm Exam (Devry) For more
course tutorials visit www.acct505.com 1.Question
(TCO A) Wages paid to an assembly line worker
in a factory are a 2. Question (TCO A) A cost
incurred in the past that is not relevant to any
current decision is classified as
a(n) 3. Question (TCO A) Depreciation of office
buildings and office equipment is also known
as 4. Question (?
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 5 Measuring Performance - Course
Project A (Devry) For more course tutorials
visit www.acct505.com Prepare a master budget for
the three-month period ending June 30. Include
the following detailed budgets 1. oa. A sales
budget, by month and in total. ob. A schedule of
expected cash collections from sales, by month
and in total. oc. A merchandise purchases budget
in units and in dollars. Show the budget by month
and in total. od. A schedule of expected cash
disbursements for merchandise purchases, by month
and in total. 2. A cash budget. Show the budget
by month and in total. Determine any borrowing
that would be needed to maintain the minimum cash
balance of 50,000. 3. A budgeted income
statement for the three-month period ending June
30. Use the contribution approach. 4. A
budgeted balance sheet as of June 30.
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 6 Quiz Segment Reporting and
Relevant Costs for Decisions (Devry) For more
course tutorials visit www.acct505.com 1.Question
(TCO D) Return on investment (ROI) is equal to
the margin multiplied by 2. Question (TCO D)
For which of the following decisions are
opportunity costs relevant? The decision to make
or buy a needed part The desision to keep or drop
a product line (A) Yes
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ACCT 505Course Real Knowledge / acct505.com
ACCT 505 Week 7 Capital Budgeting Course Project
(Devry) For more course tutorials
visit www.acct505.com Here is Part B Clark
Paints The production department has been
investigating possible ways to trim total
production costs. One possibility currently being
examined is to make the paint cans instead of
purchasing them. The equipment needed would cost
200,000 with a disposal value of 40,000 and
would be able to produce 5,500,000 cans over the
life of the machinery. The production department
estimates that approximately 1,100,000 cans would
be needed for each of the next five years. The
company would hire three new employees. These
three individuals would be full-time employees
working 2,000 hours per year and earning 12.00
per hour. They would also receive the same
benefits as other production employees, 18 of
wages in addition to 2,500 of health benefits
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ACCT 505Course Real Knowledge / acct505.com
The Best way to predict the Future is to create
it.....To Best way....
www.acct505.com