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For more course tutorials visitwww.uophelp.comACCT 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) ACCT 505 Week 5 Measuring Performance - Course Project A ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions ACCT 505 Week 6 Quiz Set 2 ACCT 505 Week 7 Capital Budgeting Course Project ACCT 505 Week 7 Course Project 2 Capital Budgeting Decision (New) ACCT 505 Final Exam Guide (New) Set 1 ACCT 505 Final Exam Guide (New) Set 2 ACCT 505 Final Exam Guide (New) Set 3 ACCT 505 Midterm Exam (New) Set 1 ACCT 505 Midterm Exam (New) Set 2

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Acct 505 endless education uophelp com

ACCT 505 Endless Education/Uophelp.Com

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Acct 505 endless education uophelp com1

ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Entire Course (New)

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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


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Final Exam (New) All 3 Set

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Question 1 : (TCO E) Designing a new product is a(n)

2. Question : (TCO G) Given the following data, what would ROI be?

Sales $70,000

Net operating income $10,000

Contribution margin $20,000

Average operating assets $50,000

Stockholder's equity $25,000


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Final Exam Guide (New) Set 1

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Question 1 : (TCO E) Designing a new product is a(n)

2. Question : (TCO G) Given the following data, what would ROI be?

Sales $70,000

Net operating income $10,000

Contribution margin $20,000

Average operating assets $50,000

Stockholder's equity $25,000


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Final Exam Guide (New) Set 2

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(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)

Question 2.2. (TCO B) Industrial Supply Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Final Exam Guide (New) Set 3

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organization sustaining activity.

2. (TCO G) Given the following data, what would ROI be?

Sales $70,000

Net operating income $10,000

Contribution margin $20,000

Average operating assets $50,000


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Final Exam

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ACCT 505 Final Exam


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Midterm Exam (New) Set 1

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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.

Question 2.2. (TCO A) Total fixed costs (Points : 6)


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Midterm Exam (New) Set 2

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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.


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 1 Case Study

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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.

Before the unfortunate incident, recovery specialists cleaned the buildings. The company controller is very nervous and anxious to recover whatever records he can to support the insurance claim for the destroyed inventory. After consulting with the cost accountant, they decide to retrieve the previous year’s annual report for the beginning inventory numbers. In addition, they also agreed that they need first quarter cost data.


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 1-7 All Discussion Questions

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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


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 2 Quiz Job Order and Process Costing Systems

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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

of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 2 Quiz Set 2

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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

Student Answer: the same as the number of units completed.

less than the number of units put into production.

the same as the number of units put into production.

less than the number of units completed.


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 3 Case Study II

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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


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 4 Midterm Exam

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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

4.Question :

(TCO A) When the activity level is expected to increase within


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 5 Course Project 1 LBJ Company (New)

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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


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions

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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


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 6 Quiz Set 2

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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

Question 3. Question : (TCO D) Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover, rounded to the nearest tenth?

Question 1. Question : (TCO D) Data for December concerning


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ACCT 505 Endless Education/Uophelp.Com

ACCT 505 Week 7 Course Project 2 Capital Budgeting Decision (New)

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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.

The company would hire six new employees.


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ACCT 505 Endless Education/Uophelp.Com

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