1. ACCT 434 DEVRY Course Tutorial For more course tutorials visit www.tutorialrank.com

2. ACCT 434 Week 1-7 All Week 1 DQ1 ABC Journey Week 1 DQ2 Workout Room Week 2 DQ1 Flexible versus Static Budgets Week 2 DQ2 Workout Room Week 3 DQ1 Relevant Costs Week 3 DQ2 Workout Room Week 4 DQ1 Accounting for Primary Products Week 4 DQ2 Workout Room Week 5 DQ1 Pricing Decision Week 5 DQ2 Workout Room Week 6 DQ1 Evaluating Managers Week 6 DQ2 Workout Room Week 7 DQ1 Quality and Performance Week 7 DQ2 Workout Room ACCT 434 Week 1 Quiz 1.Question : (TCO 1) The average cost data are for In- Sync Fixtures Company's (a retailer) only two product lines, Marblette and Italian Marble. Marblette Italian Marble Purchase volume 20,000 1,000 Purchase cost per unit $50 $250 Shipments received 12 12 Hours used per shipment * 5 3 * These data were accumulated after a careful activity analysis. Currently, In-Sync Fixtures uses a traditional costing system with indirect costs allocated using purchased cost of goods as a basis. In- Sync Fixtures is considering refining the allocation of its receiving costs of $40,000 ACCT 434 DEVRY Course Tutorial

3. ACCT 434 Entire Course Advanced Cost Management ACCT 434 Week 1-7 All Discussion Questions ACCT-434 Week 1 Quiz Activity Based Costing ACCT-434 Week 2 Master Budget Flexible Budgets ACCT-434 Week 3 Cost Behavior Decision Making Quality ACCT-434 Week 4 Midterm Exam ACCT-434 Week 5 Pricing Decisions Management Control Systems ACCT-434 Week 6 Customer Profitability Capital Budgeting ACCT-434 Week 7 Quality Control Inventory Management ACCT 434 Week 2 Master 1.Question : (TCO 2) Operating budgets and financial budgets 2.Question : (TCO 2) To gain the benefits of budgeting, ________ must understand and support the budget. 3.Question : (TCO 2) Which budget is not necessary to prepare the budgeted balance sheet? 4.Question : (TCO 2) A feature of a standard-costing system is that the costs of every product or service planned to be worked on during the period can be computed at the start of that period. This feature of standard costing makes it possible to ACCT 434 DEVRY Course Tutorial

4. ACCT 434 Week 3 Cost Behavior Decision Making 1.Question : (TCO 3) Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified? 2.Question : (TCO 3) For January, the cost components of a picture frame include $0.35 for the glass, $0.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $400. A total of 1,000 frames is expected to be produced in the coming year. What cost function best represents these costs? 3.Question : (TCO 3) Which cost estimation method uses a formal mathematical method to develop cost functions based on past data? ACCT 434 Week 4 Midterm 1.Question : (TCO1) ABC systems create 2.Question : (TCO 1) Merriamn Company provides the following ABC costing information: Activities Total Costs Activity-cost drivers Account inquiry hours $400,000 10,000 hours Account billing lines $280,000 4,000,000 lines Account verification accounts ACCT 434 DEVRY Course Tutorial

5. ACCT 434 Week 5 Pricing Decisions Management 1.Question : (TCO 7) Major influences of competitors, costs, and customers on pricing decisions are factors of 2.Question : (TCO 7) The first step in implementing target pricing and target costing is 3.Question : (TCO 7) The markup percentage is usually higher if the cost base used is 4.Question : (TCO 7) An understanding of life-cycle costs can lead to 5.Question : (TCO 7) Pritchard Company manufactures a product that has a variable cost of $30 per unit. ACCT 434 Week 6 1.Question : (TCO 9) To guide cost allocation decisions, the benefits-received criterion 2.Question : (TCO 9) A challenge to using cost-benefit criteria for allocating costs is that 3.Question : (TCO 9) The MOST likely reason for NOT allocating corporate costs to divisions include that 4.Question : (TCO 9)Identifying homogeneous cost pools ACCT 434 DEVRY Course Tutorial

6. ACCT 434 Week 7 Quality Control Inventory 1.Question : (TCO 11)The four cost categories in a cost of quality program are 2.Question : (TCO 11) ________ is a formal means of distinguishing between random and nonrandom variation in an operating process. 3.Question : (TCO 11) Which of the following is NOT one of the steps in managing bottlenecks under the theory of constraints? 4.Question : (TCO 11)Scrap is an example of ACCT 434 DEVRY Course Tutorial

7. For more course tutorials visit www.tutorialrank.com