Title: ACC 349 Experience Tradition/newtonhelp.com
1ACC 349 Experience Tradition //newtonhelp.com
2 ACC 349 Discussion 4
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- What are the differences between variable and
absorption costing? Why is variable costing not
allowed for GAAP reporting? Which method is more
useful for internal decision making? Why? As a
manager, which would you prefer? Why?
3 ACC 349 Discussion 5
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- For what is cost-volume-profit (CVP) analysis
used? What are some main underlying assumptions
that make CVP analysis useful for decision
makers? Why might decision makers use CVP
analysis? What is contribution margin? What is
break even point? How are these used?
4 ACC 349 Discussion 6
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- What are some main differences between financial
and managerial accounting? How do these
differences affect the type of information that
must be gathered and reported? What different
types of decisions must users of financial
accounting information make?
5 ACC 349 Discussion 7
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- What are the cost classifications for assigning
cost to cost objects? What are the cost
classifications for manufacturing companies?
What are cost classifications for preparing
financial statements? What are cost
classifications for predicting cost behavior?
What are mixed cost?
6 ACC 349 Discussion 8
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- What is a master budget? What are some
underlying budgets that form the master budget?
What are the advantages of budgeting? What is the
budgeting process at your organization? Is it
effective? Why or why not?
7 ACC 349 Discussion 9
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- What are the characteristics of a flexible
budget? How does a flexible budget work? Do you
have experience with this type of budgeting?
8 ACC 349 Discussion
10
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- What are some of the potential problems with
standard cost? Please explain your thoughts
9 ACC 349 Entire Course
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- ACC 349 Week 1 Individual Assignment BYP 1-7,
E1-7 - ACC 349 Week 1 Discussion Question 1
- ACC 349 Week 1 Discussion Question 2
- ACC 349 Week 2 Individual Assignment Assignments
CH 2 3 - ACC 349 Week 2 Team Assignment Problems Ch. 2 3
10 ACC 349 Final Exam Guide (New
2017 with Excel sheet)
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- Excel Sheet can be used for any change in values,
it automatically gives correct answers - The following costs were incurred in September
- Direct materials 42,700
- Direct labor 29,400
-
11 ACC 349 Final Exam
Guide
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- 1) What does cost accounting measure, record, and
report? -
- 2) What is the best way to handle manufacturing
overhead costs in order to get the most timely
job cost information? -
12 ACC 349 Wee 5 Team Assignment
Part 3 (Jeemp Farms)
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- You have completed the analysis of ABC and
determined whether it is a good option for Jeemp
Farms. - Create a 5- to 10-slide presentation with speaker
notes for Jeemp Farms management that addresses
the following - Explain ABC costing and how it is different than
traditional costing. - Explain the advantages/disadvantages of using ABC
costing. - Define the terminology that is used in an ABC
costing system. -
13 ACC 349 Week 1 Discussion
Question 1
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- What are some of the key differences between
financial and managerial accounting? How do these
differences impact the type of information that
must be gathered and reported? What are the
different types of decisions that users of
financial accounting information must make?
14 ACC 349 Week 1 Discussion
Question 2
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- What are the differences between a direct cost
and an indirect cost? Which is the more difficult
cost to track? Why? How do indirect costs affect
the cost of a product? Should indirect costs be
included in product cost? Why or why not?
15 ACC 349 Week 1 Individual
Assignment BYP 1-7, E1-7
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- Prepare written responses to the following
assignments from Ch. 1 of Managerial Accounting
Tools for Business Decision Making -
- Exercise E1-7 exercise 7 only
- Ethics Case BYP 1-7 case 7 only
16 ACC 349 Week 1 Lab
Problems
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- Week 1
-
- Question 1 Segregation of duties
- is a preventive control
- is a detective control
-
-
17 ACC 349 Week 2 Connect
Problems (with Excel Sheet)
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used for any values - Week 2
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18 ACC 349 Week 2
Discussion Question 1
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- What is activity-based costing? What are some of
the key elements of activity-based costing? How
does this method differ from a more traditional
costing method? -
-
19 ACC 349 Week 2
Discussion Question 2
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- What are value-added processes? How do you
determine if a process adds value? How does
identification of value-added processes help a
company run more efficiently and effectively? -
-
-
20 ACC 349 Week 2
Individual Assignment Assignments CH 2,
3
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- Prepare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making -
- Ch. 2 Exercises E-2-6 and E2-9
- Ch. 3 Exercises E3-5 and E3-9
-
-
21 ACC 349 Week 2 Lab
Problems
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- Week 2
-
- Question 1 The Hartford Symphony Guild
is planning its annual dinnerdance. The
dinnerdance committee has assembled the following
expected costs for the event -
-
22 ACC 349 Week 2
Team Assignment Case Study BYP 2-2
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- Prepare written responses to the following case
study from Ch. 2 of Managerial Accounting Tools
for Business Decision Making -
- Managerial Analysis BYP 2-2
-
23 ACC 349 Week 2
Team Assignment Problems Ch 2 and
3
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- Prepare written responses to the following
problems from Managerial Accounting Tools for
Business Decision Making -
- Ch. 2 Problem P2-4A
- Ch. 3 Problem P3-3A
-
24 ACC 349 Week 3
Discussion Question 1
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- For what is cost-volume-profit (CVP) analysis
used? What are some of the key underlying
assumptions that make CVP analysis useful for
decision makers? Why might decision makers use
CVP analysis? -
-
25 ACC 349 Week 3
Discussion Question 2
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- What are the differences between variable and
absorption costing? Why is variable costing not
allowed for GAAP reporting? Which method is more
useful for internal decision-making? Why? As a
manager, which would you prefer? Why? -
-
26 ACC 349 Week
3 Individual Assignment Article Analysis
Summary
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- Use the Internet or other credible resources to
find an article relevant to activity-based
costing (ABC), job costing, or process costing. -
- Write a 125-word summary of the article.
-
-
-
27 ACC 349
Week 3 Individual Assignment Assignments Ch.
4
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- Prepare written responses to the following
assignments from Ch. 4 of Managerial Accounting
Tools for Business Decision Making -
- Exercises E4-10 and E4-11
- Questions 13 and 14
-
-
28 ACC 349
Week 3 Team Assignment Case Study Ch.
4
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- Prepare written responses to the following case
study from Ch. 4 of Managerial Accounting Tools
for Business Decision Making -
- Managerial Analysis BYP 4-2
29 ACC 349
Week 3 Team Assignment Part 1 (Jeemp
Farms)
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- Read the following scenario below
- Leighton Beridon owns "Jeemp Farms", located near
Weimar, TX. The farm produces pecan trees and
sod. He has so many orders from the Houston
metropolitan area that he is able to sell all his
inventory each year, but he is not netting as
much as he has in past years. His daughter,
LieslBeridon, came home from college over
Thanksgiving and mentioned ABC costing, -
30 ACC 349
Week 3 Team Assignment Problems Ch.
4
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- Prepare written responses to the following
problems from Ch. 4 of Managerial Accounting
Tools for Business Decision Making -
- Problems P4-3A and P4-4A
-
31 ACC 349
Week 4 Connect Problems (with Excel
Sheet)
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- This Tutorial contains Excel Sheet which can be
used for any values - Q-1
- Puget Sound Divers is a company that provides
32 ACC
349 Week 4 Discussion Question 1
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- What are some of the advantages and disadvantages
of standard costs? How do managers determine what
the standard cost should be? Describe the effect
of inaccurate standard costs on financial
reporting.
33 ACC
349 Week 4 Discussion Question 2
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- When should variances be investigated? Who
should be responsible for correcting a negative
variance? Why? What are some factors that can
lead to variances? How can variances be corrected?
34 ACC
349 Week 4 Individual Assignment Ch. 5 and
6
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- Prepare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making - Ch. 5 Exercises E5-1 and E5-9
- Ch. 6 Exercises E6-7 and E6-10
35 ACC
349 Week 4 Team Assignment Case Study Ch.
6
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- Prepare written responses to the following case
study from Ch. 6 of Managerial Accounting Tools
for Business Decision Making - Managerial Analysis BYP 6-2
36 ACC 349 Week 4 Team Assignment Part 2 (Jeemp
Farms)
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- Mr.Beridon received your requests for
information and returned data which you have
compiled in an Microsoft Excel spreadsheet (see
document template). He also said, "We grow sod
and trees at Jeemp Farms. We sell the sod mainly
to home builders in the area, although we sell to
some individuals who are purchasing square
footages to re-sod their
37 ACC 349 Week 4 Team Assignment Problems Ch.
7
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- Prepare written responses to the following
problems from Ch. 7 of Managerial Accounting
Tools for Business Decision Making - Problem P7-1A
38 ACC 349 Week 5 Connect Problems (With Excel
Sheet)
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- This Tutorial contains Excel Sheet which can be
used for any change in values, get your 100
score with our sheet - Week 5
-
39 ACC 349 Week 5 Discussion Question
1
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- What is a master budget? What are some of the
underlying budgets that form the master budget?
What is the budgeting process at your
organization? Is it effective? Why or why not? -
40 ACC 349 Week 5 Discussion Question
2
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- What is the difference between external and
internal pricing? What factors must be considered
when setting internal transfer pricing between
divisions of a company? What are the different
methods of setting internal transfer pricing?
Which is the most effective? Why?
41 ACC 349 Week 5 Individual Assignment Ch. 8,
9 and 11
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- Prepare written responses to the following
assignments from Managerial Accounting Tools for
Business Decision Making - Ch. 8 Exercises E8-11
- Ch. 9 Brief Exercises BE9-6 and BE9-8
- Ch. 11 Questions 2 and 11
42 ACC 349 Week 5 Signature Assignment Ethics
on the Job (2 Papers)
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- This Tutorial contains 2 Papers
- About Your Signature Assignment
- Signature/Benchmark Assignments are designed to
align with specific program student learning
outcome(s) in your program. Program Student
Learning Outcomes are broad statements that
describe what students should know and be able to
do upon completion of their degree.
43 ACC 349 Week 5 Team Assignment Problems
Ch. 8 and 11
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- Prepare written responses to the following
problems from Managerial Accounting Tools for
Business Decision Making - Ch. 8 Problem P8-2A
- Ch. 11 Problem P11-4A
44ACC 349 Experience Tradition //newtonhelp.com