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  1. ACC 349 Apprentice Tutors For more course tutorials visit www.uophelp.com

  2. ACC 349 Apprentice Tutors ACC 349 Entire Course ACC 349 Final Exam Guide • ACC 349 Week 1 Individual Assignment  BYP 1-7, E1-7ACC 349 Week 1 Discussion Question 1ACC 349 Week 1 Discussion Question 2ACC 349 Week 2 Individual Assignment Assignments CH 2 & 3 • 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?

  3. ACC 349 Apprentice Tutors ACC 349 Week 1 Discussion Question 1 ACC 349 Week 1 Discussion Question 2 • 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 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?

  4. ACC 349 Apprentice Tutors ACC 349 Week 1 Individual Assignment BYP 1-7, E1-7 ACC 349 Week 2 Discussion Question 1 • Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making • 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?

  5. ACC 349 Apprentice Tutors ACC 349 Week 2 Discussion Question 2 ACC 349 Week 2 Individual Assignment • 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? • Ch. 2 – Exercises E-2-6 and E2-9 • Ch. 3 – Exercises E3-5 and E3-9 • Ch. 3 – Questions 2 and 3

  6. ACC 349 Apprentice Tutors ACC 349 Week 2 Team Assignment Case Study ACC 349 Week 2 Team Assignment Problems • Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: • Managerial Analysis BYP 2-2 • 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

  7. ACC 349 Apprentice Tutors ACC 349 Week 3 Discussion Question 1 ACC 349 Week 3 Discussion Question 2 • 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? • 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?

  8. ACC 349 Apprentice Tutors ACC 349 Week 3 Individual Assignment Article ACC 349 Week 3 Individual Assignment • Use the Internet or other credible resources to find an article relevant to activity-based costing (ABC), job costing, or process costing. • Write a 125-word summary of the article. • Prepare written responses to the following assignments from Ch. 4 of Managerial Accounting: Tools for Business Decision Making: •  Exercises E4-10 and E4-11 • Questions 13 and 14

  9. ACC 349 Apprentice Tutors ACC 349 Week 3 Team Assignment Case Study ACC 349 Week 3 Team Assignment Problems • Prepare written responses to the following case study from Ch. 4 of Managerial Accounting: Tools for Business Decision Making: •  Managerial Analysis BYP 4-2 • Prepare written responses to the following problems from Ch. 4 of Managerial Accounting: Tools for Business Decision Making:

  10. ACC 349 Apprentice Tutors ACC 349 Week 4 Discussion Question 1 ACC 349 Week 4 Discussion Question 2 • What are some of the advantages and disadvantages of standard costs? How do managers determine what the standard cost should be? Describe the effect of inaccurate standard costs on financial reporting • When should variances be investigated? Who should be responsible for correcting a negative variance? Why? What are some factors that can lead to variances? How can variances be corrected?

  11. ACC 349 Apprentice Tutors ACC 349 Week 4 Individual Assignment Ch. 5 & 6 ACC 349 Week 4 Team Assignment Case Study • Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making: •  What internal controls can be implemented using information systems to safeguard your organization’s electronic assets?

  12. ACC 349 Apprentice Tutors ACC 349 Week 4 Team Assignment ACC 349 Week 5 Discussion Question 1 • Prepare written responses to the following problems from Ch. 7 of Managerial Accounting: Tools for Business Decision Making: • Problem P7-1A • What is a master budget? What are some of the underlying budgets that form the master budget? What is the budgeting process at your organization? Is it effective? Why or why not?

  13. ACC 349 Apprentice Tutors ACC 349 Week 5 Discussion Question 2 ACC 349 Week 5 Individual Assignment • What is the difference between external and internal pricing? What factors must be considered when setting internal transfer pricing between divisions of a company? • Ch. 8 – Exercises E8-11 • Ch. 9 – Brief Exercises BE9-6 and BE9-8 • Ch. 11 – Questions 2 and 11 • Ch. 11 – Exercise E11-6

  14. ACC 349 Apprentice Tutors ACC 349 Week 5 Team Assignment Problems • Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision

  15. ACC 349 Apprentice Tutors For more course tutorials visit www.uophelp.com