ACCT553: FINAL EXAM STUDY GUIDELINES The Final Exam will be administered during Week 8. It consists of 16 multiple-choice questions (five points each) totaling 80 points and 10 essay questions (17 points each) totaling 170 points for a grand total of 250 points. It is a 3.5-hour exam. There are some basic calculations involved‚ so a simple calculator may be useful. Showing your work will count towards your overall points‚ so make sure that your answer consists of more than just numbers. The
Premium Taxation in the United States
Adeola Adesokan (D03511372) Case Study 2 ( Spring field express) a). Variable cost per passenger=$70.00 Full fare per passenger=$160.00 Contribution margin = $ 160- $ 70 = $ 90 per passenger Contribution margin ratio = $ 90/$160 = 56.25% Break-even point in passengers = Fixed costs/Contribution Margin = $ 3‚150‚000/$ 90 per passenger = 35‚000 passengers Break-even point in dollars = Fixed Costs/Contribution Margin Ratio= $ 3‚150‚000/0.5625
Premium Contribution margin Variable cost Harshad number
Fouch Company makes 30‚000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials 15.70 Direct labor 17.50 Variable manufacturing overhead 4.50 Fixed manufacturing overhead 14.60 Unit product cost 52.30 An outside supplier has offered to sell the company all of these parts it needs for $51.90 a unit. If the company accepts this offer‚ the facilities now being used to make the part could be used to make
Premium Variable cost Manufacturing
AC505 Practice Quiz #1 1. For which of the businesses would the job order cost system be appropriate? a. Auto repair shop b. Crude Oil refinery. c. Drug Manufacturer. d. Root beer producer. 2. Which of the following companies would most likely use job costing? a. Paper manufacturer. b. Paint Producer. c. Breakfast cereal maker. d. Advertising agency. 3. An equivalent unit of conversion costs is equal to the amount of conversion costs required to: a. Start a unit. b. Start and complete
Premium Costs Inventory Wage
Liberty Theological Seminary Word Study: Final: “Wicked” from Psalm 1:1 A Paper Submitted to Dr. Eric Mitchell In Partial Fulfillment Of the Requirements for the Course Hebrew Language Tools OTCL 505 6 May 2013 STEP 1 1.Word Choice: “wicked”‚ from Psalm 1:1. Transliteration: rasha Hebrew: רָשָׁע NASB95: wicked NIV: wicked NLT: wicked MSG: not exactly translated (Sin Saloon Dead-End Road‚ Smart-Mouth College) 2. Strong’s Number: H7563‚ Could not find
Premium Tanakh
Sovereign Millwork‚ Ltd.‚ produces reproductions of antique residential moldings at a plant located in Manchester‚ England. Because there are hundreds of products‚ some of which are made only to order‚ the company uses a job-order costing system. On July 1‚ the start of the company’s fiscal year‚ inventory account balances were as follows: Raw Materials | £10‚000 | Work in Process | £4‚000 | Finished Goods | £8‚000 | The company applies overhead cost to jobs on the basis of machine-hours.
Premium Generally Accepted Accounting Principles Accounts receivable
(TCO D) A company that has a profit can increase its return on investment by (Points : 5) increasing sales revenue and operating expenses by the same dollar amount. increasing average operating assets and operating expenses by the same dollar amount. increasing sales revenue and operating expenses by the same percentage. decreasing average operating assets and sales by the same percentage. 2. (TCO D) Given the following data‚ what would ROI be? Sales
Premium Revenue Net income Generally Accepted Accounting Principles
a) Contribution margin= Sales per unit - Varibale expenses per unit $160 - $70 $90 Break even point in passengers = Fixed expenses / Unit CM 3‚150‚000 / 90 35‚000 units Break even point in revenues per month = Unit sales to break even X Sales per unit 35‚000 X $160 $5‚600‚000 b) Break even point in number of passenger cars per month * 90 X 70% 35‚000 / 63 63 555.5555556 or 556 Cars c) Break even point in
Premium Income tax Variable cost Revenue
Case Study I Materials purchased $325‚000 Direct Labor $220‚000 Sales $1‚350‚000 Gross Margin 30% Cost of Goods Available for Sale $1‚020‚000 Prime Costs $545‚000 Manufacturer Overhead 65% of Conversion cost Direct Materials $325‚000 Beginning Inventory numbers: Raw Materials $41‚000 Works in Process $56‚000 Finished Goods $35‚000 Formulas: Prime cost = Direct Materials cost + Direct Labor cost Conversion cost = Direct Labor cost
Premium Supply chain management terms Manufacturing Inventory
These monologues challenged me by making me experience what the character is feeling and then writing it down. Up until I finished writing AC Short Write #1‚ I have never been put into someone else’s shoes. This made me think outside the box and really think into depth about what I was writing about. The AC Final Monologue challenged me by not being able to put in stage directions in the essay. Since we performed it‚ you actually had to act it out instead of saying it‚ and I had a struggle with doing
Premium Writing Essay Writer