Acct 346 managerial accounting week 8 final exam all sets answer


1.

 

Question :

 

(TCO 1) The motive superintendents supervene when they solely brave telling departures from the scheme is commsolely public as

 

Points Received:

 

4 of 4

 

2.

 

Question :

 

(TCO 1) Which of the superveneing is not mitigated to be a unwandering consume?

 

Points Received:

 

4 of 4

 

3.

 

Question :

 

(TCO 2) Which of the superveneing is not a manufacturing consume?

 

Points Received:

 

4 of 4

 

4.

 

Question :

 

(TCO 2) An allocation grovelling is

 

Points Received:

 

4 of 4

 

5.

 

Question :

 

(TCO 3) Equiponderant individuals are conducive by

 

Points Received:

 

4 of 4

 

6.

 

Question :

 

(TCO 3) In the nock office, all the trodden esthetics are adventitious at the foundation of the modeing. Foundation Consequence in Mode register consists of 2,000 individuals succeeding a while a trodden esthetics consume of $31,860. During the age, 15,000 individuals are agoing and trodden esthetics consumeing $250,000 are pregnant to the office. If there are 1,000 individuals in consequence register, what is the consume per equiponderant individual?

 

Points Received:

 

4 of 4

 

7.

 

Question :

 

(TCO 4) Regression decomposition

 

Points Received:

 

4 of 4

 

8.

 

Question :

 

(TCO 4) The sum of individuals that must be sold to precisely shield its unwandering and wavering consumes is the

 

Points Received:

 

4 of 4

 

9.

 

Question :

 

(TCO 5) Which of the superveneing is treated as a fruit consume in wavering consumeing?

 

Points Received:

 

4 of 4

 

10.

 

Question :

 

(TCO 5) If the sum of individuals sold is hither than the sum of individuals give-ind

 

Points Received:

 

4 of 4

 

11.

 

Question :

 

(TCO 6) A hitheren which specifies that the suppler conciliate be hired for the consume of fruition as polite as some unwandering equality or percentage of consume is designated a(n)

 

Points Received:

 

4 of 4

 

12.

 

Question :

 

(TCO 6) Which of the superveneing is not publicly gentleman when a sodality compares ABC and transmitted consumeing?

 

Points Received:

 

4 of 4

 

13.

 

Question :

 

(TCO 7) Unwandering consumes that conciliate be eliminated if a summit series of exercise is beneathcharmed are designated

 

Points Received:

 

4 of 4

 

Page:

 

1.

 

Question :

 

(TCO 7) Low consumes

 

Points Received:

 

4 of 4

 

2.

 

Question :

 

(TCO 8) Target consumeing

 

Points Received:

 

4 of 4

 

3.

 

Question :

 

(TCO 8) Which of the superveneing are pertinent in deciding whether to recognize or throw-by a distinctive appoint?

 

Points Received:

 

4 of 4

 

4.

 

Question :

 

(TCO 9) Exhibit prize techniques

 

Points Received:

 

4 of 4

 

5.

 

Question :

 

(TCO 9) The inner blame of retaliate

 

Points Received:

 

4 of 4

 

6.

 

Question :

 

(TCO 10) A enjoin of budget making-ready that demands all budgeted equalitys to be justified by the office, flush if the equalitys were cheered in precedent ages, is designated

 

Points Received:

 

4 of 4

 

7.

 

Question :

 

(TCO 10) Which budget is quick leading?

 

Points Received:

 

4 of 4

 

8.

 

Question :

 

(TCO 10) The mete consume is

 

Points Received:

 

4 of 4

 

9.

 

Question :

 

(TCO 10) In public, an adverse esthetic dissimilitude arises from

 

Points Received:

 

4 of 4

 

10.

 

Question :

 

(TCO 10) The symbol of courage that has obligation for generating profitss as polite as powerful consumes is a(n)

 

Points Received:

 

4 of 4

 

11.

 

Question :

 

(TCO 10) Obligation propositioning holds superintendents binding for

 

Points Received:

 

4 of 4

 

12.

 

Question :

 

(TCO 10) Which affinity metes the blame earned on completion cardinal supposing by the owners?

 

Points Received:

 

4 of 4

 

Which of the superveneing is not a discuss for companies to perceive the consume of their fruits? (Points: 5) contrast embezzle outlays for the fruits determining the hire of the moderator of the sodality consume of fruit is used in computing consume of good-tempered-tempered sold computing the prize of perfect good-tempereds register

 

4. TCO2. A job-apsummit consumeing plan is mitigated used by a (Points: 5) luxurious drain bottler breakfast cereal creator tinge creator practice abode builder

 

5. TCO3 The symbol of consumeing plan commsolely used by companies that give-in a capacious sum of homogeneous individuals in a rectilineal mode is designated a (Points: 5) individual consumeing plan job apsummit consumeing plan mode consumeing plan address consume plan

 

6. TCO3. The biting office’s consequence in mode register on May 1 is 2,000 individuals and its consequence in mode at May 31 is 1,800 individuals. If 10,000 individuals were completed during the age, how abundant individuals were agoing in the biting office? (Points: 5) 12,000 individuals 9,800 individuals 10,000 individuals 10,200 individuals

 

7. TCO4. The rove of intelligence for which appreciates of consume conduct are mitigated to accublame is the (Points: 5) incremental rove edge of prophylactic pertinent rang rove of opening

 

8. TCO4. the edge of prophylactic is the dissimilitude among (Points: 5) completion profitss and completion unwandering consumes expected raze of sales and the break-flush summit budgeted unwandering consumes and developed unwandering consumes vbound outlay and wavering consume per individual

 

9. TCO5. Which of the superveneing parts on a wavering consumeing profitss declaration conciliate alter in trodden uniformity to a alter in individuals sold? (Points: 5)

 

sales, donation edge, profitss
sales, wavering consumes, donation
edge sales, wavering consumes, unwandering consumes
sales, unwandering consumes, net profitss

 

10. TCO5. If the sum of individuals sold is hither than the sum of individuals give-ind (Points: 5)
ample consumeing and wavering consumeing conciliate give-in the corresponding net profitss
ample consumeing conciliate adduce some unwandering manufacturing aloft to the individuals in the consequence register
net profitss conciliate be meliotrounce beneath wavering consumeing than beneath ample consumeing register razes conciliate decrease

 

11. TCO6. Costs may be classifyd to (Points: 5)
products
services
departments
any of the aloft

 

12. TCO6. The consume manifest is the (Points: 5) discuss for allocating the consume anticipation grovellingd on budgeted equalitys fruit, use or office that is to hold the allocation acme equality to be classifyd to any sepatrounce office

 

13. TCO7. Which of the superveneing is never considered in incremental decomposition? (Points: 5) incremental profitsss decomposed consumes incremental use incongruousial consumes

 

14. TCO7. Unwandering consumes that conciliate be eliminated if a summit series of exercise is beneathcharmed are designated (Points: 5)
optional consumes opening consumes trodden consumes indeterminate consumes
15. TCO8. Which of the superveneing should be gentleman in apsummit for a sodality to recognize a distinctive appoint? (Points: 5) wavering consumes are hither than unwandering consumes incremental profitsss achieve incremental consumes opening consumes are nothing the apsummit is for a vulgar practiceer

 

16. TCO8. Customer useability decomposition would explore which of the superveneing to each practiceer? (Points: 5) sales profitss consume of good-tempereds sold consume of supply the practiceer apsummit all of the aloft

 

17. TCO9. Which of the superveneing techniques uses duration prize of specie? (Points: 5) payback age inner blame of retaliate propositioning blame of retaliate referring-to sales prize enjoin

 

18. TCO9. Inner blame of retaliate (Points: 5) takes into proposition duration prize of specie is the blame of retaliate that equates the exhibit prize of advenient currency slows to the primal bombardment twain A and B neither A nor B

 

19. TCO10. The affinity that metes the retaliate earned unconnectedly of how the rooted is financed is the (Points: 5) retaliate on stockholders’ equity outlay hues affinity hues per portion-out retaliate on possessions

 

20. TCO10. The percentage extension in sales from on year to the straightprogressive would be most self-evident by using (Points: 5) tastenear decomposition upright decomposition consume-volume-use decomposition duration and turmoil decomposition

 

21. TCO10. The mete consume is (Points: 5) corresponding as developed consume the consume that should accept been incurred to give-in an part or use adapted solely to manufacturing rooteds conducive succeeding fruition is completed

 

22. TCO10. The aloft dimensions dissimilitude indicates that (Points: 5) raw esthetics accept been wild address has executed a deficient job of powerful consumes the sum of fruition differed from what was anticipated strive blames were meliotrounce than expected

 

23. TCO10. Obligation propositioning holds superintendents binding for (Points: 5) all consumes advise to their office all trodden consume of their office plus part of the classifyd sodality consumes solely consumes they accept personally vulgar solely consumes they can control

 

24. TCO10. In a bottom-up entrance to budgeting (Points: 5) the CFO fragmentary mentions the budget solely the budget for the straightprogressive month is quick inferior raze superintendents are the principal commencement of budget notice the fruition budget is quick antecedently the sales budget

 

25. TCO10. The currency budget alerts address to all of the superveneing ate? (Points: 5) stockouts conciliate reason practiceer dissatisfexercise the currency scolderact conciliate be very low intemperance currency conciliate be adapted for bombardment telling cardinal acquisitions are schemened

 

1. Managerial propositioning a. is used largely by manifest users ,b.must supervene GAAP ,c. is demandd by taxing authorities such as the IRS ,d. is optional
2.Which of the superveneing is a age outlay? a.divulsion on factory edifice ,b.raw esthetics ,c.slander on fruition equipment ,d.commissions hired to sales personnel

 

3.A mould used to infer the consume of unresisting an part is designated a(n) a.job-consume quibble, b.esthetic requisition ,c.counteract quibble ,d.invoice

 

4.Why do we appraise equiponderant individuals heterogeneous for raw esthetics and substitute consumes? a. raw esthetics are past involved to scold, b. substitute consumes are past involved to scold , c.they are introduced into the mode at diffedivulsion durations , d. none of the aloft

 

5.Why is it requisite to appraise equiponderant individuals for separtely for esthetics and substitute consumes? a. mistakes are made in the propositioning for these consumes, b. esthetics and substitute penetobjurgate the fruition mode at diffedivulsion blames, c. substitute consumes are past involved to appreciate d.none of the aloft discusss are gentleman.

 

6. the edge of prophylactic is the dissimilitude among (Points: 5)
a.completion profitss and completion unwandering consumes
b.expected raze of sales and the break-flush summit
c.budgeted unwandering consumes and developed unwandering consumes
d.selling outlay and wavering consume per individual

 

7.The donation edge per individual is the dissimilitude among (Points: 5)
a.completion profitss and completion unwandering consumes
b.selling outlay and wavering consumes per individual
c.anticipated raze of sales and break-flush sales
d.budgeted unwandering consumes and developed unwandering consumes

 

8.Which of the superveneing parts on a wavering consumeing profitss declaration conciliate alter in trodden uniformity to a alter in individuals sold? (Points: 5)
a.sales, donation edge, profitss
b.sales, wavering consumes, donation edge
c.sales, wavering consumes, unwandering consumes
d.sales, unwandering consumes, net profitss

 

9.If the sum of individuals sold is hither than the sum of individuals give-ind (Points: 5)
a.ample consumeing and wavering consumeing conciliate give-in the corresponding net profitss
b.ample consumeing conciliate adduce some unwandering manufacturing aloft to the individuals in the consequence register
c.net profitss conciliate be meliotrounce beneath wavering consumeing than beneath ample consumeing
d.register razes conciliate decrease

 

10.A main whole succeeding a while consume-plus hitherens is that they (Points: 5)
a.are not recognizeable beneath GAAP
b.reason suppliers to telling financial risks
c.demand suppliers to use wavering consumeing
d.perform an excitation to classify as greatly consume as likely to the good-tempereds give-ind beneath the consume-plus hitheren

 

11.Which of the superveneing steps is not complicated in the ABC entrance? (Points: 5)
a.identify activities which reason consumes to be incurred.
b.classify consumes to fruits grovellingd on intelligence usage
c.collection consumes of activities into consume pools
d.Improve modees grovellingd on benchmarking

 

12.Which of the superveneing is never considered in incremental decomposition? (Points: 5)
a.incremental profitsss
b.decomposed consumes
c.incremental use
d.differential consumes

 

13Fixed consumes that conciliate be eliminated if a summit series of exercise is beneathcharmed are designated (Points: 5)
optional consumes
opening consumes
trodden consumes
indeterminate consumes

 

14.Target consumeing (Points: 5)
a.starts succeeding a while the features a practiceer wants and what they conciliate pay for them
b.is used succeeding the fruit is designed
c.focuses on including all features in a fruit that a practiceer may want
d.all of the aloft

 

15.Customer useability decomposition would explore which of the superveneing to each practiceer? (Points: 5)
sales profitss
consume of good-tempereds sold
consume of supply the practiceer appoint
all of the aloft

 

16.Present prize techniques (Points: 5)
ignore currency flows that conciliate take-place past than ten years in the advenient
are a way of converting advenient dollars into equiponderant vulgar dollars
provide past undestroyed results than congruous duration prize of specie computations
treat dollars holdd today the corresponding as dollars holdd in the advenient.

 

17.Which of the superveneing techniques uses duration prize of specie? (Points: 5)
payback age
inner blame of retaliate
accounting blame of retaliate
referring-to sales prize enjoin

 

18. TCO10. The affinity that metes the retaliate earned unconnectedly of how the rooted is financed is the (Points: 5)
retaliate on stockholders’ equity
outlay hues affinity
hues per portion-out
retaliate on possessions

 

19. TCO10. Asset turnbalance is a mete of (Points: 5)
a.how straightway a sodality is affecting its register
b.how straightway a sodality is turning it propositions receivable into currency
c.the balanceall allureingness succeeding a while which the sodality uses its possessions to geneblame profitsss
d.how astride the market believes the sodality conciliate grow

 

20. TCO10. Which affinity metes the blame earned on completion cardinal supposing by the owners? (Points: 5)
retaliate on possessions
retaliate on stockholders’ equity
hues per portion-out
outlay hues affinity

 

21. TCO10. In public, an adverse esthetic dissimilitude arises from (Points: 5)
using past esthetic than schemened
paying a meliotrounce outlay for esthetic than schemened
twain A and B
none of the aloft

 

22. TCO10. Why is ROI meliotrounce than profitss as a metement of work for an bombardment courage? (Points: 5)
ROI supervenes GAAP
ROI is simpler to appraise than profitss
ROI considers the equality invested as polite as the net profitss
ROI is progressive looking

 

23. TCO10. Which of the superveneing is a obligation that distinguishes an bombardment courage superintendent from a use courage superintendent? (Points: 5)
contrast outlays for fruits
powerful consumes
generating profitsss
telling rule balance bombardment decisions

 

24. TCO10. A subindividual that has obligation for powerful consume but not profitsss is a(n)? (Points: 5)
use courage
consume courage
bombardment courage
employment courage

 

Page:

 

1.

 

Question :

 

(TCO 1) Distinguish superintendential propositioning from financial propositioning. Include a paltry argument of the dissimilitudes in the symbols of notice supposing to users as polite as the dissimilitudes of the users of the propositioning notice.

 

Points Received:

 

20 of 20

 

2.

 

Question :

 

(TCO 6) Booth Financial Services, LLC has two profitss unresisting offices, Financial Planning and Employment Consulting. The propositioning office is involved to mention the best enjoin to classify $1,000,000 of low consumes (secretarial staff, admission personnel, etc), either by hire or sum of employees. Notice on the profitss offices are as supervenes:

 

Department

 

Employees

 

Salaries

 

Financial Planning

 

150 employees

 

$10,000,000

 

Business Consulting

 

50 employees

 

$5,000,000

 

(a) Classify the $1,000,000 low consumes to the two profitss offices using twain enjoins.
(b) Why are allocations designated tyrannical?

 

Points Received:

 

25 of 25

 

3.

 

Question :

 

(TCO 10) Charlie Corp vends it fruits on twain trustworthiness and currency foundation. Monthly sales are sold 20% for currency, 80% for trustworthiness. Trustworthiness sales are self-possessed 40% in the month of sale and 60% the superveneing month. Sales for the leading district are as supervenes:

 

January $100,000
February $150,000
March $125,000

 

Compute currency collections for February.

 

Points Received:

 

25 of 25

 

4.

 

Question :

 

(TCO 2) Acme Fireworks uses a transmitted aloft allocation grovellingd on trodden strive hours. For the vulgar year aloft is appreciated at $1,000,000 and trodden strive hours are budgeted at 200,000 hours. Developed hours consequenceed were 195,000 and developed aloft was $978,000.

 

(a) Appraise the predetermined manufacturing aloft blame.
(b) Appraise the applied manufacturing aloft.
(c) Appraise the equality of balance/beneath applied manufacturing aloft.

 

Points Received:

 

25 of 25

 

Page:

 

1 2 3 4

 

1.

 

Question :

 

(TCO 9) An bombardment of $185,575 is expected to geneblame retaliates of $65,000 per year for each of the straightprogressive filthy years. What is the bombardment’s inner blame of retaliate?

 

Points Received:

 

Question :

 

(TCO 4) Juridical Beagals Inc is a juridical uses rooted that files disconnection papers for little employmentes. They advise $1,000 per impression. This year’s profitss declaration shows the superveneing: Sales $1,440,000 Wavering Expenses 1,008,000 Donation edge 432,000 unwandering consumes 250,000 use 182,000.

 

Required.

 

A. appraise the break-flush summit in individuals.

 

B. appraise the donation edge affinity

 

C. appraise the vulgar edge of prophylactic

 

D how abundant impressions must the sodality vend to perform a use of $350,000

 

Question 3 Juridical Docs Inc is a juridical uses rooted that files disconnection papers for little employmentes. They advise $1,000 per impression. This year’s profitss declaration shows the superveneing: Sales $1,295,000 Wavering Expenses $1,023,000 Donation edge $272,000 Unwandering consumes $250,000 Use $22,000 Required: (a) Appraise the break-flush summit in individuals. (b) Appraise the donation edge affinity. (c) Appraise the vulgar edge of prophylactic. (d) How abundant impressions must the sodality vend to perform a use of $350,000?

 

3.

 

Question :

 

(TCO 5) The superveneing postulates has been charmed from Air-Tite sodality in its leading year of employment.

 

Units give-ind 100,000
Units sold 80,000
Units in consequence register 20,000
Fixed manufacturing aloft $400,000

 

(a) Appraise the equality of unwandering manufacturing aloft that would be outlayd in the vulgar year if ample aridity consumeing is used.
(b) Appraise the equality of unwandering manufacturing aloft that would be outlayd in the vulgar year if wavering consumeing is used.
(c) Appraise the equality of unwandering manufacturing aloft that would be modeobjurgate in consequence register beneath ample aridity consumeing.

 

Question: Copper Queen Tavern is careful in estimating unwandering and wavering consumes so the tavern can perform past accublame planions of consumes, break-flush and uses. The tavern is in a employment area and industrious from November through March. In July and August, the tavern has solely a 50 percent enjoyment blame. Classify each of the superveneing consumes as unwandering, wavering or partial.

 

A. Slander of the edifice

 

B. Salaries of restaurant staff

 

C. Salaries of tavern superintendent, desk superintendent, propositioning clerks

 

D. Soap, shampoo and other toiletries in the bathrooms

 

E. Laundry consumes (consume of bed linens, table cloths, cleaning fruits, slander on cleaning equipment.

 

F. Food and beverage consumes

 

G. Grounds Maintenance

 

1. A plan conciliate demand an primal bombardment of $750,000 and conciliate retaliate $200,000 each year for five years. If taxes are ignored and the demandd blame of retaliate is 9%, what is the plan’s net exhibit prize? Installed on this decomposition, should the sodality profits succeeding a while the plan?

 

4. Acme Fireworks uses a transmitted aloft allocation grovellingd on trodden strive hours. For the vulgar year aloft is appreciated at $1,000,000 and trodden strive hours are budgeted at 200,000 hours. Developed hours consequenceed were 195,000 and developed aloft was $978,000.

 

(a) Appraise the predetermined manufacturing aloft blame.

 

(b) Appraise the applied manufacturing aloft.

 

(c) Appraise the equality of balance/beneath applied manufacturing aloft

 

3. Charlie Corp vends it fruits on twain trustworthiness and currency foundation. Monthly sales are sold 20% for currency, 80% for trustworthiness. Trustworthiness sales are self-possessed 40% in the month of sale and 60% the superveneing month. Sales for the leading district are as supervenes: January $100,000 February $150,000 March $125,000 Question: Appraise currency collections for February

 

Question Gina’s Boutique performs practice jewelry. One part, the guru necklace, is a best vender and sales in individuals for the leading district are as supervenes: January 100,000 individuals February 150,000 individuals March 180,000 individuals Desired consequence register is budgeted at 20% of straightprogressive month sales. Appraise fruition for February.