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ACCT 556 course Marvelous Learning /
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ACCT 556 Week 1 Homework Problems For more course
tutorials visit www.tutorialrank.com ACCT 556
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? Required 1.
Calculate the Wernecke Companys estimated
direct labor hours to produce flims and flams.
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ACCT 556 Week 2 Homework Assignment For more
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ACCT 556 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 one-time
sale for 200,000 in that year that is not likely
to be repeated. What revision, if any, would you
make in the sales information used for
projection?
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ACCT 556 Week 3 Homework Problems For more
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ACCT 556 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 course
tutorials visit www.tutorialrank.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

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ACCT 556 Week 5 Homework Assignment For more
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ACCT 556 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

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ACCT 556 Week 6 Homework Problem For more course
tutorials visit www.tutorialrank.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)
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om ACCT 556 Week 7 Course Project
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ACCT 556 course Marvelous Learning /
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ACCT 556 Week 7 Course Project Fantastic Inc For
more course tutorials visit www.tutorialrank.com
ACCT 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 who will prepare the budget
for the year ended December 31, 2006, using the
actual data from 2001 through 2005 and
information given to you by various departments.
You will prepare a report for the president of
the company describing the strengths and weakness
of the corporation as well as to provide
suggestions for the future. In short, you will be
responsible for the planning and control
procedures for the company from an accounting
standpoint.
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ACCT 556 Week 7 Homework Problem For more course
tutorials visit www.tutorialrank.com ACCT 556
Week 7 Problem Benefits of Social Programs A
community public works project will cost 55,000
dollars and will benefit 5 different individuals
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ACCT 556 course Marvelous Learning /
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com