"Acct 505 project part b" Essays and Research Papers

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    Acct 505 Week 4

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    titled Part I: The Operating Budget for the (Selected Agency) in which you separate the content into sections: 1. Provide background information about the agency‚ mission‚ goals‚ objectives‚ departments‚ and strategic plan. (Title this section Introduction.) 2. Describe the budget of the agency by addressing the following items: (Title this section Budget Overview.) a. Financial Summary‚ including Revenue and Expenditures b. Department Budgets c. Funding d. Capital Projects e. Debt

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    These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. | Date Taken: | 8/3/2013 | Time Spent: | 24 min ‚ 43 secs | Points Received: | 90 / 100  (90%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 10 | 9 | | | Grade Details - All Questions |  1. | Question : | (TCO A) Which of the following statements is CORRECT? | |   | Student Answer: | |

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    Course Projectb Acct. 505

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    ACCT505 Part B Capital Budgeting problem Data: Cost of new equipment Expected life of equipment in years Disposal value in 5 years Life production - number of cans Annual production or purchase needs Initial training costs Number of workers needed Annual hours to be worked per employee Earnings per hour for employees Annual health benefits per employee Other annual benefits per employee-% of wages Cost of raw materials per can Other variable production costs per can Costs to purchase cans - per can

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    Acct 505 Week 1

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    Part A: Accounting for income tax For journal entries‚ narration is NOT required. The accounting profit before tax of Happy Star Ltd for the year ended 31 December 2012 amounted to $10‚000 after including the following information. The financial year of the company was from 1 January 2012 to 31 December 2012. Equipment: The Company purchased the equipment for the amount of $100‚000 on 1 January 2011. Ending balance of equipment based on accounting as at 31 December 2011 was $100‚000

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    Acct 505 Quiz Notes

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    CH 1 | 1 CORRECT | | Managerial accounting is concerned with: | | | A) | reporting financial information to stockholders. | | | B) | reporting financial information to regulators. | | | C) | providing information for use within the organization. | | | D) | the financial consequences of past activities. | | | | | | Feedback:The correct answer is C: Managerial accounting is concerned with providing information to managers for use within the organization. | | 2

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    ACCT 505 Quiz 1

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    Multiple Choice 6 3 Essay 4 N/A Grade Details - All Questions Page:   1  2  Question 1. Question : (TCO F) Computing unit product costs involves averaging in     Job-Order Costing Process Costing A Yes No   B Yes Yes   C No Yes   D No No     Student Answer: Choice A.   Choice B.   Choice C.   Choice D.   Instructor Explanation: Chapter 3   Points Received: 0 of 5   Comments: Question 2. Question : (TCO F) Which of the following companies would be most likely to use a job-order

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    Acct 505 Mid Term

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    1. | Question : | (TCO F) 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 put into production. | 2. | Question : | (TCO F) Process costing would be appropriate for each of the following except: | Student Answer: custom furniture

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    Acct Problem B

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    000 10‚000            $10‚000 | – | –$600 –600 –600 –700–1‚300–1‚300–1‚300–1‚300–1‚300–2‚500–3‚800            $3‚800 | | | $20‚900 | | | $20‚900 | | | | | SOLUTIONS TO PROBLEMS PROBLEM 1-1C PROBLEM 1-1B (Continued) (b) Service revenue $10‚000 Expenses Salaries and wages $2‚500 Rent 600 Advertising 700 3‚800 Net income $ 6‚200 PROBLEM 1-3B | (a) CRAZY CREATIONS CO. Income Statement For

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    part b

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    Project Part B: Hypothesis Testing and Confidence Intervals a. The average (mean) annual income was less than $50‚000 Null Hypothesis: The average annual income was greater than or equal to $50‚000 H₀: µ > 50000 Alternate Hypothesis: The average annual income was less than $50‚000. Ha: µ > 50000 Analysis Plan: Significance Level‚ α=0.05. Since the sample size‚ n > 30 I will use z-test for mean to test the given hypothesis. As the alternative hypothesis is Ha: µ > 50000‚ the given test is

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    Acct 505 Case Study 1

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    Case Study I Solution The following cost items are needed before a schedule of cost of goods manufactured can be prepared: Materials used in production: Prime Costs $545‚000.00 Less Direct Labor Cost $220‚000.00 Direct Materials Cost $325‚000.00 Manufacturing Overhead Cost: Direct Labor Cost/ Percentage of Conversion Cost: rounded to nearest dollar ( this is total

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