ACC211 UNIT 1 ASSIGNMENT

ACC211 UNIT 1 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within its own tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 1 YOUR NAME.

Homework, Exercises The Foundational 15 page 51 and 1-5.

ACC211 UNIT 2 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 2 YOUR NAME.

Homework, Exercises The Foundational 15 pg 152 .

ACC211 UNIT 3 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 3 YOUR NAME.

Homework, The Foundational 15 page 225.

ACC211 UNIT 4 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 4 YOUR NAME.

Homework, The Foundational 15 pg 274, and Ethics Challenge pg 288.

ACC211 UNIT 5 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 5 YOUR NAME.

Homework, The Foundational 15 pg 326, Ethics Challenge pg 343.

ACC211 UNIT 6 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 6 YOUR NAME.

ACC211 UNIT 7 ASSIGNMENT

Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: UNIT 9 10 YOUR NAME.

Homework, The Foundational 15 Chapter 9 pg 442, The Foundational 15 Chapter 10, 1-10 only pg 488.

ACC211 UNIT 9-10 ASSIGNMENT

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Please complete the following for your homework for the week. All should be completed in Excel, each within one tab in the Excel workbook. The ONE workbook should be sent to me with the following name: 

Homework, The Foundational 15 chapter 9 and 10

				Alpha	Beta
Direct Materials				$                      30	$                                   12
Direct labor				$                      20	$                                   15
Variable manufacturing overhead				$                         7	$                                     5
Traceable fixed manufacturing overhead				$                      16	$                                   18
Varaible selling expenses				$                      12	$                                     8
Common Fixed Expenses				$                      15	$                                   10

ACC211 Unit 3 Quiz C5 Cost Volume Profit

Question 1
The difference between total sales in dollars and total variable expenses is called:
net operating income.
net profit.
the gross margin.
Correct the contribution margin.
Question 2
East Company manufactures and sells a single product with a positive contribution margin. If the selling price and the variable expense per unit both increase 5% and fixed expenses do not change, what is the effect on the contribution margin per unit and the contribution margin ratio?
Option A
Option B
Option C
Option D
Question 3
With a selling price per unit of $60, a contribution margin of 40%, and fixed expenses of $60,000, the break-even in unit sales will be:
2,500
5,000
6,000
500
Question 4
Copy of A company that makes organic fertilizer has supplied the following data:
The company's unit contribution margin is closest to:
$5.25
$4.05
$3.50
$2.35
Question 5
A manufacturer of tiling grout has supplied the following data:
The company's break-even in kilograms is closest to:
215,000 kilograms
55,302 kilograms
307,765 kilograms
464,865 kilograms
Question 6
A manufacturer of tiling grout has supplied the following data:
The company's contribution margin ratio is closest to:
46.3%
37.0%
63.0%
53.7%
Question 7
A tile manufacturer has supplied the following data:
If the company increases its unit sales volume by 3% without increasing its fixed expenses, then total net operating income should be closest to:
$3,000
$101,371
$115,480
$103,000
Question 8
All other things the same, which of the following would be true of the contribution margin and variable expenses of a company with high fixed costs and low variable costs as compared to a company with low fixed costs and high variable costs?
Option A
Option B
Option C
Option D
Question 9
Aziz Corporation produces and sells a single product. Data concerning that product appear below:
Selling price per unit = $130.00
Variable expense per unit = $27.30
Fixed expense per month = $165,347
Determine the monthly break-even in unit and total dollar sales.
1,410 units; $183,300
1,610 units; $209,300
1,500 units, $195,000
2,000 units; $260,000
Question 10
Cindy, Inc. sells a product for $10 per unit. The variable expenses are $6 per unit, and the fixed expenses total $35,000 per period. By how much will net operating income change if sales are expected to increase by $40,000?
$16,000 increase
$5,000 increase
$24,000 increase
$11,000 decrease
Question 11
Budget data for the Bidwell Company are as follows:
The number of units Bidwell would have to sell to earn a net operating income of $150,000 is:
100,000 units
120,000 units
112,000 units
145,000 units

ACC211 Unit 8 Quiz C12 Cash Flow Statement

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Review Test Submission: Unit 8 Quiz C12 Cash Flow Statement

 

Course ACC211.91: Managerial Acct[MOD4 ONLINE ( 2015)]       

Test     Unit 8 Quiz C12 Cash Flow Statement         

Question 1

2 out of 2 points

            In a statement of cash flows, receipts from sales of property, plant, and equipment should be classified as a(n):                                           

                                                 

Question 2

2 out of 2 points

The statement of cash flows:                                        

Question 3

2 out of 2 points

Which of the following would be classified as a financing activity on the statement of cash flows?                                                 

Question 4

2 out of 2 points

 In a statement of cash flows, all of the following would be classified as financing activities except:                                               

Question 5

2 out of 2 points

 All of the following should be recorded in the operating activities section of the statement of cash flows EXCEPT:                                   

              

 ACC211 Unit 8 Quiz C11 Capital Budgets

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Review Test Submission: Unit 8 Quiz C11 Capital Budgets

 

 

Course       ACC211.91: Managerial Acct[MOD4 ONLINE ( 2015)]   

Test  Unit 8 Quiz C11 Capital Budgets    

Question 1

2 out of 2 points

 

        (Ignore income taxes in this problem.) Sibble Corporation is considering the purchase of a machine that would cost $330,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $50,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $76,000. The company requires a minimum pretax return of 12% on all investment projects. The net present value of the proposed project is closest to:                                

 

 

Question 2

2 out of 2 points

 

        (Ignore income taxes in this problem.) The Higgins Company has just purchased a piece of equipment at a cost of $120,000. This equipment will reduce operating costs by $40,000 each year for the next eight years. This equipment replaces old equipment which was sold for $8,000 cash. The new equipment has a payback period of:                                

         

Question 3

2 out of 2 points

 

                  

        (Ignore income taxes in this problem.) Hartong Corporation is contemplating purchasing equipment that would increase sales revenues by $185,000 per year and cash operating expenses by $89,000 per year. The equipment would cost $416,000 and have a 8 year life with no salvage value. The annual depreciation would be $52,000. The simple rate of return on the investment is closest to:                            

       

         

Question 4

2 out of 2 points

 

        (Ignore income taxes in this problem.) Gull Inc. is considering the acquisition of equipment that costs $480,000 and has a useful life of 6 years with no salvage value. The incremental net cash flows that would be generated by the equipment are:

                                 

Question 5

2 out of 2 points

 

                  

        (Ignore income taxes in this problem.) The management of Melchiori Corporation is considering the purchase of a machine that would cost $310,000, would last for 6 years, and would have no salvage value. The machine would reduce labor and other costs by $116,000 per year. The company requires a minimum pretax return of 16% on all investment projects.

 

The present value of the annual cost savings of $116,000 is closest to:                                  

         

Question 6

0 out of 2 points

 

        (Ignore income taxes in this problem.) The management of Melchiori Corporation is considering the purchase of a machine that would cost $310,000, would last for 6 years, and would have no salvage value. The machine would reduce labor and other costs by $116,000 per year. The company requires a minimum pretax return of 16% on all investment projects.

 

The net present value of the proposed project is closest to:                                 

       

         

Question 7

0 out of 2 points

 

                  

        (Ignore income taxes in this problem.) The Finney Company is reviewing the possibility of remodeling one of its showrooms and buying some new equipment to improve sales operations. The remodeling would cost $120,000 now and the useful life of the project is 10 years. Additional working capital needed immediately for this project would be $30,000; the working capital would be released for use elsewhere at the end of the 10-year period. The equipment and other materials used in the project would have a salvage value of $10,000 in 10 years. Finney's discount rate is 16%.

 

The immediate cash outflow required for this project would be:                            

ACC211 Unit 8 Final Exam

 

Review Test Submission: Final Exam

 

Course       ACC211.91: Managerial Acct[MOD4 ONLINE (2015)]   

Test  Final Exam

Question 1

5 out of 5 points

 Although depreciation is always a period cost in a merchandising firm, it can be a product cost in a manufacturing firm.                          

 

Question 2

Even departmental overhead rates will not correctly assign overhead costs in situations where a company has a range of products that differ in volume, lot size, or complexity of production.                           

Question 3

An increase in the number of units sold will decrease the break-even point. 

Question 4

Fixed cost per unit increases as activity decreases and decreases as activity increases.                            

 

         

Question 5

The usual starting point in budgeting is to make a forecast of cash receipts and cash disbursements.                              

Question 6

Which of the following comparisons best isolates the impact that changes in prices of inputs and outputs have on performance?