ACCT 505 Entire Course
155 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 7 Capital Budgeting Course Project

http://www.devryonlinehelp.com/product/acct-505-week-7-capital-budgeting-course-project/

Jessenia Sarp's insight:

Clark Paints: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost $200,000 with a disposal value of $40,000 and would be able to produce 5,500,000 cans over the life of the machinery. The production department estimates that approximately 1,100,000 cans would be needed for each of the next five years.

The company would hire three new employees. These three individuals would be full-time employees working 2,000 hours per year and earning $12.00 per hour. They would also receive the same benefits as other production employees, 18% of wages in addition to $2,500 of health benefits.

It is estimated that the raw materials will cost 25¢ per can and that other variable costs would be 5¢ per can. Since there is currently unused space in the factory, no additional fixed costs would be incurred if this proposal is accepted.

It is expected that cans would cost 45¢ per can if purchased from the current supplier. The company’s minimum rate of return (hurdle rate) has been determined to be 12% for all new projects, and the current tax rate of 35% is anticipated to remain unchanged. The pricing for a gallon of paint as well as number of units sold will not be affected by this decision. The unit-of-production depreciation method would be used if the new equipment is purchased.

Required:

1. Based on the above information and using Excel, calculate the following items for this proposed equipment purchase:

Annual cash flows over the expected life of the equipment Payback period Annual rate of return Net present value Internal rate of return

2. Would you recommend the acceptance of this proposal? Why or why not. Prepare a short double spaced Word paper elaborating and supporting your answer.

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 5 Measuring Performance – Course Project A

http://www.devryonlinehelp.com/product/acct-505-week-5-measuring-performance-course-project-a/

Jessenia Sarp's insight:

Prepare a master budget for the three-month period ending June 30. Include the following detailed budgets:

· 1.

o a. A sales budget, by month and in total.

o b. A schedule of expected cash collections from sales, by month and in total.

o c. A merchandise purchases budget in units and in dollars. Show the budget by month and in total.

o d. A schedule of expected cash disbursements for merchandise purchases, by month and in total.

· 2. A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000.

· 3. A budgeted income statement for the three-month period ending June 30. Use the contribution approach.

· 4. A budgeted balance sheet as of June 30.

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 3 Case Study II

http://www.devryonlinehelp.com/product/acct-505-week-3-case-study-ii/

Jessenia Sarp's insight:

ACCT 505 Week 3 Case Study II

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 1 Case Study

http://www.devryonlinehelp.com/product/acct-505-week-1-case-study/

Jessenia Sarp's insight:

ACCT 505 Week 1 Case Study

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 All Weeks Discussions

http://www.devryonlinehelp.com/product/acct-505-all-weeks-discussions/

Jessenia Sarp's insight:

w1 dq1 Cost Terms, Classifications, and Behavior

w1 dq2 Research and Application

w2 dq1 Job Order and Process Costing Systems

w2 dq2 Research and Application

w3 dq1 Variable Costing and CVP Concepts

w3 dq2 Research and Application

w4 dq1 Budgeting Case Study

w4 dq2 Exam Review

w5 dq1 Standards, Variances, Flexible Budgets

w5 dq2 Research and Application

w6 dq1 Segment Reporting and Relevant Costs

w6 dq2 Research and Application

w7 dq1 Capital Budgeting

w7 dq2 Exam Review

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions

http://www.devryonlinehelp.com/product/acct-505-week-6-quiz-segment-reporting-and-relevant-costs-for-decisions/

Jessenia Sarp's insight:

ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 4 Midterm Exam

http://www.devryonlinehelp.com/product/acct-505-week-4-midterm-exam/

Jessenia Sarp's insight:

ACCT 505 Week 4 Midterm Exam

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Week 2 Quiz Job Order and Process Costing Systems

http://www.devryonlinehelp.com/product/acct-505-week-2-quiz-job-order-and-process-costing-systems/

Jessenia Sarp's insight:

ACCT 505 Week 2 Quiz Job Order and Process Costing Systems

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Final Exam

http://www.devryonlinehelp.com/product/acct-505-final-exam-2/

Jessenia Sarp's insight:

1. (TCO F) Buckhorn Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. Data for the upcoming year appear below. Estimated machine hours – 85,000 Estimated variable manufactruring overhead – $5.55 per machine hour Estimated total fixed manufacturing overhead – $951,888 Compute the company’s predetermined overhead rate.

2. (TCO F) Payment Inc. is preparing its cash budget for February. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $136,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $110,000 at any time from a local bank, with interest not due until the following month.

3. (TCO C) Nic Saybin Enterprises Accounting Department collects all pertinent monthly operating data. Selected data is presented below for the current month. From the data provided, please provide Saybin Enterprises Management with a flexible budget analysis to see how costs were controlled

4. (TCO D) McMullen Co. manufactures automatic door openers. The company uses 15,000 electronic hinges per year as a component in the assembly of the openers. You have been engaged by McMullen to assist with an evaluation of whether the company should continue producing the hinges or purchase them from an outside vendor.

5. (TCO E) Topple Company produces a single product. Operating data for the company and its absorption costing income statement for the last year is presented below:

6. (TCO A) The following data (in thousands of dollars) have been taken from the accounting records of the Maroon Corporation for the just completed year.

7. (TCO F) Carter Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

8. (TCO G) (Ignore income taxes in this problem.) Five years ago, the City of Paranoya spent $30,000 to purchase a computerized radar system called W.A.S.T.E. (Watching Aliens Sent To Earth). Recently, a sales rep from W.A.S.T.E. Radar Company told the city manager about a new and improved radar system that can be purchased for $50,000. The rep also told the manager that the company would give the city $10,000 in trade on the old system. The new system will last 10 years. The old system will also last that long but only if a $4,000 upgrade is done in 5 years. The manager assembled the following information to use in the decision regarding which system is more desirable:

(TCO B) Madlem, Inc., produces and sells a single product whose selling price is $240.00 per unit and whose variable expense is $86.40 per unit. The company’s fixed expense is $720,384 per month.

more...
No comment yet.
Scooped by Jessenia Sarp
Scoop.it!

ACCT 505 Entire Course

http://www.devryonlinehelp.com/product/acct-505-entire-course-managerial-accounting/

Jessenia Sarp's insight:

Week 2 Quiz

Week 3 Case Study – Springfield Express

Week 4 Midterm

Week 6 Quiz

Course Project

All 7 Weeks Discussions

more...
No comment yet.