1. ACCT 505 Education for Service/snaptutorial.com

2. ACCT 505 Entire Course (New) For more classes visit www.snaptutorial.com ACCT 505 Week 1-7 All Discussion Questions ACCT 505 Week 1 Case Study ACCT 505 Week 2 Quiz Job Order and Process Costing Systems ACCT 505 Week 2 Quiz Set 2 ACCT 505 Week 3 Case Study II ACCT 505 Week 4 Midterm Exam ACCT 505 Week 5 Course Project 1 LBJ Company (New)

3. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Entire Course For more classes visits www.snaptutorial.com ACCT 505 Week 1-7 All Discussion Questions ACCT 505 Week 1 Case Study ACCT 505 Week 2 Quiz Job Order and Process Costing Systems

4. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Final Exam (New) All 3 Set For more classes visit www.snaptutorial.com Score 248/250 Multiple Choice 2 Short 2

5. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Final Exam Guide (New) Set 1 For more classes visit www.snaptutorial.com Score 248/250 Multiple Choice 2 Short 2

6. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Final Exam Guide (New) Set 2 For more classes visit www.snaptutorial.com Set 2 1. (TCO C) Madlem, Inc., produces and sells a single product whose selling price is $120.00 per unit and whose variable expense is $46.20 per unit. The company's fixed expense is $405,900 per month. Required: Determine the monthly breakeven in either unit or total dollar sales. Show your work! (Points : 25)

7. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Final Exam Guide (New) Set 3 For more classes visit www.snaptutorial.com (TCO E) Preparing purchase orders is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity.

8. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Final Exam For more classes visit www.snaptutorial.com ACCT 505 Final Exam

9. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Midterm Exam (New) 6 Sets For more classes visit www.snaptutorial.com This Tutorial contains 6 Sets of Midterm Exam 1. (TCO A) Direct material cost is a part of (Points : 6) Conversion Cost NO.... Prime Cost NO. Conversion Cost YES.... Prime Cost NO. Conversion Cost YES.... Prime Cost YES.

10. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Midterm Exam (New) Set 1 For more classes visit www.snaptutorial.com Score 144/150 Multiple Choice 10 Essay 4 1. (TCO A) Direct material cost is a part of (Points : 6) Conversion Cost NO.... Prime Cost NO. Conversion Cost YES.... Prime Cost NO. Conversion Cost YES.... Prime Cost YES. Conversion Cost NO.... Prime Cost YES.

11. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Midterm Exam (New) Set 2 For more classes visit www.snaptutorial.com Multiple Choice 10 9 Essay 4 Question 1. Question : (TCO A) The variable portion of advertising costs is a Student Answer: Conversion YES... Period NO. Conversion YES.... Period YES. Conversion NO.... Period NO. Conversion NO.... Period YES. Question 2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n) Student Answer: period cost. incremental cost. opportunity cost. None of the above Question 3. Question : (TCO A) Property taxes on a company's

12. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 1 Case Study For more classes visit www.snaptutorial.com Top Switch Inc. designs and manufactures switches used in telecommunications. Serious flooding throughout the state of Tennessee affected Top Switch’s facilities. Inventory was completely ruined, and the company’s computer system, including all accounting records, was destroyed.

13. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 1-7 All Discussion Questions For more classes visit www.snaptutorial.com Week 1DQ 1 Cost Terms, Classifications, and Behavior Week 1DQ 2 Research and Application Week 2DQ 1 Job Order and Process Costing Systems Week 2DQ 2 Research and Application Week 3DQ 1 Variable Costing and CVP Concepts Week 3DQ 2 Research and Application

14. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 2 Quiz Job Order and Process Costing Systems For more classes visit www.snaptutorial.com 1.Question :(TCO F) For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing system? 2.Question :(TCO F) Process costing would be appropriate for each of the following except: 3.Question :(TCO F) Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning

15. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 2 Quiz Set 2 For more classes visit www.snaptutorial.com Essay 4 Multiple Choice 6 Question 1. Question : (TCO B) Assume there is no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. The number of equivalent units with respect to materials costs under the weighted average method is

16. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 3 Case Study II For more classes visit www.snaptutorial.com Springfield Express is a luxury passenger carrier in Texas. All seats are first class, and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger

17. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 4 Midterm Exam For more classes visit www.snaptutorial.com 1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a 2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n) 3. Question : (TCO A) Depreciation of office buildings and office equipment is also known as

18. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 5 Course Project 1 LBJ Company (New) For more classes visit www.snaptutorial.com COURSE PROJECT 1 INSTRUCTIONS You have just been contracted as a budget consultant by LBJ Company, a distributor of bracelets to various retail outlets across the country. The company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. You have decided to prepare a cash budget for the upcoming fourth quarter in order to show management the benefits that can be gained from proper cash planning. You have worked with accounting and other areas to gather the information assembled below.

19. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 5 Measuring Performance - Course Project A ­For more classes visits www.snaptutorial.com Prepare a master budget for the three-month period ending June 30. Include the following detailed budgets: · 1. oa. A sales budget, by month and in total. ob. A schedule of expected cash collections from sales, by month and in total. oc. A merchandise purchases budget in units and in dollars. Show the budget by month and in total. od. A schedule of expected cash disbursements for merchandise purchases, by month and in total.

20. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions For more classes visit www.snaptutorial.com Question : (TCO D) Return on investment (ROI) is equal to the margin multiplied by 2. Question : (TCO D) For which of the following decisions are opportunity costs relevant? The decision to make or buy a needed part The desision to keep or drop a product line

21. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 6 Quiz Set 2 For more classes visit www.snaptutorial.com Multiple Choice 3 Short 5 Question 1. Question : (TCO D) Return on investment (ROI) is equal to the margin multiplied by Question 2. Question : (TCO D) For which of the following decisions are opportunity costs relevant? The decision to make or buy a needed part The decision to keep or drop a product line

22. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 7 Capital Budgeting Course Project ­For more classes visits www.snaptutorial.com Here is Part B: Clark Paints: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost $200,000 with a disposal value of $40,000 and would be able to produce 5,500,000 cans over the life of the machinery. The production department estimates that approximately 1,100,000 cans would be needed for each of the next five years.

23. ACCT 505 Education for Service/snaptutorial.com ACCT 505 Week 7 Course Project 2 Capital Budgeting Decision (New) For more classes visit www.snaptutorial.com CCT 505 Course Project 2 Hampton Company Capital Budgeting Decision Hampton Company: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the cans instead of purchasing them. The equipment needed would cost $1,000,000, with a disposal value of $200,000, and would be able to produce 27,500,000 cans over the life of the machinery. The production department estimates that approximately 5,500,000 cans would be needed for each of the next 5 years.

24. ACCT 505 Education for Service/snaptutorial.com