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ACCT 556 Week 1 Homework Problems FOR MORE
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Week 1 Homework The new president of the
Wernecke Company was stumped. Why had profits
gone down? He had directed the sales department
to push the product with the highest contribution
margin, and the sales department had come through
with flying colors. The percent of flams sold had
increased from 25 of units sold to 37.5 of
units sold. So what happened?
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ACCT 556 Week 2 Homework Assignment FOR MORE
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Week 2 Homework Assignment The Schonlind
Company has gathered information regarding past
sales Required 1. Predict the sales for
2006 using the moving average method. 2. You
noticed a sudden jump in sales in 2002. After
inquiring about this jump, you were told that
there was a
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ACCT 556 Week 3 Homework Problems FOR MORE
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Week 3 Homework Problem Production Budgets The
Hale Company finished their sales projections for
the coming year. The company produces one
product. Part of next years sales projections
are as follows Engineering has developed the
following standards upon which the production
budgets will be developed Item Standard
Materials usage 5 lbs per unit
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ACCT 556 Week 4 Homework Problems FOR MORE
CLASSES VISIT www.acct556rank.com   Week 4
Capital Budgeting Practice problem You have
the following data about a proposed project
Cost of new equipment 80,000 Increase need
for Working Capital (to be released at end of
project) 20,000 Length of project 6 years
Salvage Value of equipment at end of project
8,000 Annual cash savings if equipment is
purchased (cash inflows) 28,500 Tax rate 35
Discount rate required of all investements 14
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ACCT 556 Week 5 Homework Assignment FOR MORE
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Week 5 Problem Cash Budget Note It is
expected that this problem will be complete using
an Excel spreadsheet using formulas. Please see
the Excel Tutorial that is available under the
course home tab. The Hale Company is currently
working on its cash budget for the coming year.
The following information is available
Projected sales for the coming year The
collection history of the Hale Company has been
as follows
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ACCT 556 Week 6 Homework Problem FOR MORE CLASSES
VISIT www.acct556rank.com   ACCT 556 Week 6
Problem Proforma Statements The Duncan Company
has just completed a number of budgets for the
coming year. The cost of goods manufactured
schedule, the proforma income statement and the
balance sheet still have to be completed. The
following information is available
Information from recent budgets for the coming
year 1. Projected sales are 1,800,000 (12,690
units) 2. Projected direct material purchases
are 500,000
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ACCT 556 Week 7 Course Project (Fanciful Inc) FOR
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556 Week 7 Course Project
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ACCT 556 Week 7 Course Project Fantastic Inc FOR
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556 Week 7 Course Project Fantastic Inc
Fantastic, Inc. is a case study which allows you
to incorporate numerous financial and managerial
accounting concepts into a single business
setting. You will take the position of the
company controller
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ACCT 556 Week 7 Homework Problem FOR MORE CLASSES
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Problem Benefits of Social Programs A community
public works project will cost 55,000 dollars
and will benefit 5 different individuals 1. Is
this project economically feasible? Show work in
an excel spreadsheet that lists the benefit for
each
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