Presentation is loading. Please wait.

Presentation is loading. Please wait.

ACC 349 Competitive Success-- snaptutorial.com

Similar presentations


Presentation on theme: "ACC 349 Competitive Success-- snaptutorial.com"— Presentation transcript:

1 ACC 349 Competitive Success-- snaptutorial.com

2 ACC 349 Entire Course For more classes visit www.snaptutorial.com 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 ACC 349 Week 2 Team Assignment Case Study BYP 2-2 ACC 349 Week 2 Discussion Question 1

3 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 4 For more classes visit www.snaptutorial.com 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?

4 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 5 For more classes visit www.snaptutorial.com 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?

5 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 6 For more classes visit www.snaptutorial.com 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? What different types of decisions must users of managerial accounting information make? How does managerial accounting apply to your career? What is the code of conduct for managerial accountants?

6 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 7 For more classes visit www.snaptutorial.com 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?

7 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 8 For more classes visit www.snaptutorial.com 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?

8 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 9 For more classes visit www.snaptutorial.com What are the characteristics of a flexible budget? How does a flexible budget work? Do you have experience with this type of budgeting?

9 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Discussion 10 For more classes visit www.snaptutorial.com What are some of the potential problems with standard cost? Please explain your thoughts

10 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Final Exam Guide For more classes visit www.snaptutorial.com 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?

11 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 1 Discussion Question 1 For more classes visit www.snaptutorial.com 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? What are the different types of decisions that users of managerial accounting information must make?

12 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 1 Discussion Question 2 For more classes visit www.snaptutorial.com 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?

13 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 1 Individual Assignment BYP 1-7, E1-7 For more classes visit www.snaptutorial.com 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

14 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 1 Lab Problems For more classes visit www.snaptutorial.com Week 1 Question 1 Segregation of duties is a preventive control is a detective control separates responsibilities for authorizing transactions, recording transactions, and maintaining custody of the related assets

15 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Connect Problems (with Excel Sheet) For more classes visit www.snaptutorial.com This Tutorial contains Excel Sheet which can be used for any values 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:

16 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Discussion Question 1 For more classes visit www.snaptutorial.com 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?

17 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Discussion Question 2 For more classes visit www.snaptutorial.com 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?

18 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Individual Assignment Assignments CH 2, 3 For more classes visit www.snaptutorial.com 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 Ch. 3 – Questions 2 and 3

19 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Lab Problems For more classes visit www.snaptutorial.com 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: Dinner (per person) $10 Favors and program (per person) $4 Band $700 Rental of ballroom $2,000 Professional entertainment during intermission

20 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Team Assignment Case Study BYP 2-2 For more classes visit Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2

21 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 2 Team Assignment Problems Ch 2 and 3 For more classes visit www.snaptutorial.com 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

22 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 3 Connect Problems (with Excel Sheet) For more classes visit www.snaptutorial.com This Tutorial contains Excel Sheet which can be used for any values Q-1 Lehner Corporation has provided the following data from its activity- based costing accounting system: Indirect factory wages $552,000 Factory equipment depreciation $332,000

23 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 3 Discussion Question 1 For more classes visit www.snaptutorial.com 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?

24 ACC 349 Competitive Success-- snaptutorial.com ACC 349 Week 3 Discussion Question 2 For more classes visit www.snaptutorial.com 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?

25 ACC 349 Competitive Success-- snaptutorial.com


Download ppt "ACC 349 Competitive Success-- snaptutorial.com"

Similar presentations


Ads by Google