ACC 543 Exciting Teaching - snaptutorial.com

1. ACC 543 Exciting Teaching - snaptutorial.com

2. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Aspects of Employment and Environment Paper and PowerPoint ­For more classes visits www.snaptutorial.com Aspects of Employment and Environment Paper and PowerPoint You are an accountant at a small accounting firm. One of your clients is looking to open a small river-rafting business. Your client will run the business operations from a mobile

3. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Capital Budget Recommendation ­For more classes visits www.snaptutorial.com Capital Budget Recommendation Guillermo Furniture, a company that manufactures midgrade and high-end sofas, has just hired you as an accountant. The owner, Guillermo Navallez, has assigned you the tasks of determining which

4. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Entire Course ­For more classes visits www.snaptutorial.com ACC 543 Capital Budget Recommendation

5. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 15-6B ­For more classes visits www.snaptutorial.com Exercise 15-6B Fixed versus variable cost behavior Professional Chairs Corporation produces ergonomically designed chairs favored by architects. The company normally produces and sells from 5,000 to 8,000 chairs per year. The following

6. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 15-12B ­For more classes visits www.snaptutorial.com Exercise 15-12B Effect of cost structure on projected profits Logan and Martin compete in the same market. The following budgeted income statements illustrate their cost structures. Required a. Assume that Logan can lure all 80 customers

7. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 15-17A Identifying Cost Behavior ­For more classes visits www.snaptutorial.com Exercise 15-17A: Identifying Cost Behavior Identify the following costs as fixed or variable. Costs related to plane trips between San Diego, California, and Orlando, Florida, follow. Pilots are paid on a per trip basis. a. Pilots’ salaries relative

8. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 16-9A ­For more classes visits www.snaptutorial.com Exercise 16-9A Mimosa Corporation expects to incur indirect overhead costs of $72,000 per month and direct manufacturing costs of $11 per unit. The expected production activity for the first four months of 2007 is as follows. Required a.

9. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 18-17A ­For more classes visits www.snaptutorial.com Exercise 18-17A Hamby Company had 250 units of product in its work in process inventory at the beginning of the period and started 2,000 additional units during the period. At the end of the period, 750 units were in work in process

10. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 18-17B: Process Cost System Cost of Production Report ­For more classes visits www.snaptutorial.com Exercise 18-17B: Process Cost System Cost of Production Report At the

11. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 19-24A: Assessing Simultaneous Changes in CVP Relationships ­For more classes visits www.snaptutorial.com Exercise 19-24A: Assessing Simultaneous Changes in CVP Relationships Green Shades Inc. (GSI) sells hammocks; variable costs are $75 each, and the hammocks are sold for $125 each. GSI incurs $250,000 of fixed operating expenses

12. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 22-6A Using a flexible budget to accommodate market uncertainty ­For more classes visits www.snaptutorial.com Exercise 22-6A Using a flexible budget to accommodate market uncertainty According to its original plan, Katta Consulting Services Company would charge its customers for service at $200 per hour in 2006. The company president expects

13. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-1 Net Present Value Present Value Index ­For more classes visits www.snaptutorial.com Exercise 24-1 Net Present Value/Present Value Index The management team at Savage Corporation is evaluating two alternative capital investment opportunities. The first alternative, modernizing the company’s current machinery, costs $45,000. Management estimates the modernization project will reduce annual net cash outflows by $12,500 per year for the next five years. The second alternative, purchasing a new machine, costs $56,500. The new machine is expected to

14. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-3A: Present Value Analysis ­For more classes visits www.snaptutorial.com Exercise 24-3A: Present Value Analysis Ginger Smalley expects to receive a $300

15. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-4A Determining the present value of an annuity ­For more classes visits www.snaptutorial.com Exercise 24-4A Determining the present value of an annuity The dean of the School of Social Science is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student

16. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-5A Determining net present value ­For more classes visits www.snaptutorial.com Exercise 24-5A Determining net present value Transit Shuttle Inc. is considering investing in two new vans that are expected to generate combined cash inflows of $20,000 per year. The vans’ combined purchase price is $65,000. The expected life and salvage value of each are four years and $15,000, respectively. Transit Shuttle has an average cost of capital of 14 percent. Required a. Calculate the net present value of the investment opportunity. b. Indicate whether the

17. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-5B: Purchase of Popcorn Machine ­For more classes visits www.snaptutorial.com Exercise 24-5B: Purchase of Popcorn Machine Heidi Kahn, manager of the Grand Music Hall, is considering the opportunity to expand the company’s concession revenues. Specifically, she is considering whether to install a popcorn

18. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-6A: Determining Net Present Value ­For more classes visits www.snaptutorial.com Exercise 24-6A: Determining Net Present Value Travis Vintor is seeking part-time employment while he attends school. He is considering purchasing technical equipment that will enable him to start a small training services company that

19. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Exercise 24-8A: Determining the Internal Rate of Return ­For more classes visits www.snaptutorial.com Exercise 24-8A: Determining the Internal Rate of Return Medina Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the company’s cash outflow for operating expenses by

20. ACC 543 Exciting Teaching - snaptutorial.com ACC 543 Flexible Budgets Team Paper ­For more classes visits www.snaptutorial.com Flexible Budgets Team Paper Write a paper of no more than 1,050 words in which you discuss flexible budgets. Explain the relationship between fixed and variable costs used in a flexible budget. Discuss the differences between static and flexible budgets and how a flexible budget lends itself to a cost-volume-profit analysis. Format

21. ACC 543 Exciting Teaching - snaptutorial.com