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### ch 5-6 text qs

Course: ACC all, Spring 2012
School: University of Phoenix
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Word Count: 319

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5 Ch. &amp; 6 Textbook Exercises Exercise E5-1, E5-9, E6-7, E6-10 University of Phoenix ACC/349 Instructor: Leona Seto-Mook By Scott Ward Ch. 5 Exercises E5-1 (a) Define the terms variable costs, fixed costs, and mixed costs. Variable costs are costs that vary in total directly and proportionately with changes in the activity level. Fixed costs are costs that remain the same in total regardless of changes...

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5 Ch. & 6 Textbook Exercises Exercise E5-1, E5-9, E6-7, E6-10 University of Phoenix ACC/349 Instructor: Leona Seto-Mook By Scott Ward Ch. 5 Exercises E5-1 (a) Define the terms variable costs, fixed costs, and mixed costs. Variable costs are costs that vary in total directly and proportionately with changes in the activity level. Fixed costs are costs that remain the same in total regardless of changes in the activity level. Mixed costs are costs that contain both a variable element and a fixed element. (b) Classify each cost above as either variable, fixed, or mixed. Variable costs Direct Material, Direct Labor Fixed costs Rent, Supervisory Salaries Mixed costs Utilities, Maintenance Ch. 5 Exercises E5-9 (a) Calculate the break-even point in (1) dollars and (2) number of fares. 1) (20,250/27,000) x 45,000 = \$33,750 2) 33,750/(45,000/300) = 225 fares (b) Without calculations, determine the contribution margin at the break-even point. Contribution margin at Break-even point must be equal to fixed costs. (c) If fares were decreased by 10%, an additional 100 fares could be generated. costs However, variable would increase by 35%. Should the fare decrease be adopted? No, I do not think that the fare decrease should be adopted. The variable amount increase does not favor them with only a 10% decrease and 100 additional fares. Ch. 6 Exercises E6-7 Determine whether each of the three joint products should be sold as is, or processed further. SARCO - Sell as is. Sell as is: \$200,000 Process further: \$300,000 - \$120,000 = \$180,000 Incremental loss: \$20,000 BARCO - Process further. Sell as is: \$300,000 Process further: \$400,000 - \$89,000 = \$311,000 Incremental profit: \$11,000 LARCO - Process further. Sell as is: \$400,000 Process further: \$800,000 - \$250,000 = \$550,000 Incremental profit: \$150,000 Ch. 6 Exercises E6-10 Is Maggie right about eliminating the Erie Division? Prepare a schedule to support your answer. I do not see how eliminating 100,000 in sales while still having to pay \$38,500 in fixed costs after the department is no longer operational. It seems that there will be an increase of \$14,000 in debt without the \$100,000 in sales received from Eire Division.
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University of Phoenix - ACC - all
Ch. 5 Exercises E5-1(a) Define the terms variable costs, fixed costs, and mixed costs.Variable costs are costs that vary in total directly and proportionately with changes in theactivity level. Fixed costs are costs that remain the same in total regard
University of Phoenix - ACC - all
Text Questions Chapter 7 &amp; 8Exercises E7-2, E7-8, Ch8 Question 13, E8-5 and E8-14University of PhoenixACC/422Instructor: Steven SandersBy Scott WardEXERCISE 7-21.Only the checking account balance should be reported as cash, which is \$925,000.The
University of Phoenix - ACC - all
Ch. 8, 9 &amp; 11 Textbook ExercisesCh. 8 - Exercises E8-11Ch. 9 - Brief Exercises BE9-6 and BE9-8Ch. 11 - Questions 2 and 11 Exercise E11-6University of PhoenixACC/349Instructor: Leona Seto-MookBy Scott WardCh. 8 Exercises E8-11Fixed cost per unit \$
University of Phoenix - ACC - all
Ch. 1 Textbook ExercisesExercise E1-7 &amp; BYP 1-7University of PhoenixACC/349Instructor: Leona Seto-MookBy Scott WardExercise E1-7MADLOCK MANUFACTURING COMPANYCost of Goods Manufactured ScheduleFor the Year Ended December 31, 2005Work in process (
University of Phoenix - ACC - all
Ch. 9 &amp; 10 Textbook ExercisesExerciseE9-3, E10-2, E10-7, E10-9, E10-13University of PhoenixACC/281Instructor: Hong ZhaoBy Scott WardCh. 9: Exercise E9-3(a)Dec. 31Bad Debts Expense.Accounts Receivable (Fell).1,400(b)1. Dec. 31 Bad Debts Expens
University of Phoenix - ACC - all
Chapter 4 Text ProblemsBrief Exercises BE4-3 and BE4-4Exercise E4-11Questions 13 and 14University of PhoenixACC/349Instructor: Leona Seto-MookBy Scott WardBrief Exercises BE4-3For each activity, identify an appropriate cost driver. Altex Co. iden
University of Phoenix - ACC - all
Chapter 13 &amp; 21 Text QuestionUniversity of PhoenixACC/422Instructor: Steven SandersBy Scott WardE13-1a) Current liabilityb) Current liabilityc) Current liabilityd) Current liabilitye) Current liabilityf) Current liabilityg) Current liabilityh
University of Phoenix - ACC - all
Chapter Exercises 15.18Sixty-four students in an introductory college economics class were asked howmany credits they had earned in college, and how certain they were about theirchoice of major. Research question: At = .01, is the degree of certainty
University of Phoenix - ACC - all
Some of the competitors of the Heinz Company are Nestle` S.A., Campbell SoupCompany, and ConAgra Foods, Inc. Since our product is a condiment dispenser, it will not be anew food item, but a holder of some of the current products they are already offered
University of Phoenix - ACC - all
Critical Thinking Application PaperUniversity of PhoenixBy Scott WardJust thinking of critical thinking on the job, at home or even just on the go, we do it moreoften than we know and it is a huge part of our overall thinking process in general. Knowi
University of Phoenix - ACC - all
Critical Thinking Application PaperUniversity of PhoenixBy Scott WardJust thinking of critical thinking on the job, at home or even just on the go, we do it moreoften than we know and it is a huge part of our overall thinking process in general. Knowi
University of Phoenix - ACC - all
Decisions in Paradise IIUniversity of PhoenixByScott WardWhen faced with making a decision on Kava and the people who inhabit the land, therewas much to consider; not just on our part, but what is best for them as well. To make this placea paradise,
University of Phoenix - ACC - all
Decisions in ParadiseUniversity of PhoenixByScott WardKava has some potential when looking at what is needed for the survival of their country.Every place will need some where to work and people to work there. It will be hard to show anupside to a p
University of Phoenix - ACC - all
Defining MarketingUniversity of PhoenixBy Scott WardMarketing has an interesting effect on a business, when performed correctly; marketing isa super tool for your product. I see marketing as a way to show off your product, giving you anopportunity to
University of Phoenix - ACC - all
Disclosure Analysis PaperUniversity of PhoenixACC/422Instructor: Steven SandersBy Scott WardThe business I have chosen to observe was Game stop Corporation; the reason behindthis is that the video game industry is one of the few to still be a big hi
University of Phoenix - ACC - all
E21-7C)1/1/07Leased Equipment under CapitalLeases. 141,846Lease Liability.Lease Liability. 30,804Cash.30,804Depreciation Expense. 23,641Accumulated Depreciation.23,641Interest Expense.13,325Interest Payable13,325Lease Receivable 150,000Co
University of Phoenix - ACC - all
Environmental FactorsUniversity of PhoenixBy Scott WardThe company which I am familiar with in both domestic and global marketing is SonyCorporation. Sony is a huge company that is based out of Japan and has another major office inthe US and Canada.
University of Phoenix - ACC - all
Final Exam - ACC 281Name: Scott Ward1) After gross profit is calculated, operating expenses are deducted to determinea. gross margin.b. operating income.c. gross profit on sales.d. net margin2)a.b.c.d.Which of the following is a true statement
University of Phoenix - ACC - all
University of Phoenix - ACC - all
Final Exam - ACC 281Name:1)a.b.c.d.After gross profit is calculated, operating expenses are deducted to determinegross margin.operating income.gross profit on sales.net margin2)a.b.c.d.Which of the following is a true statement about inve
University of Phoenix - ACC - all
Full Disclosure PaperChapter 24 Question 2University of PhoenixACC/421Instructor: Lee KrollBy Scott WardThe full disclosure principle in accounting is used in financial statements such asthe balance sheet, income statement and statement of cash flo
University of Phoenix - ACC - all
BinFrequency9000-24004124001-390003839001-540001154001-69000969001-840007Histogram50Frequency4030201009000240024001390003900154000Bin54001690006900184000
University of Phoenix - ACC - all
Nordicom Review 28 (2007) 1, pp. 93-110Research onOrganizational CommunicationThe Case of SwedenCATRIN JOHANSSONAbstractSwedish research on organizational communication is characterized by empirical, qualitative research. The tradition of holistic a
University of Phoenix - ACC - all
Business Research Paper1Business Research PaperUniversity of PhoenixBy Scott WardBusiness Research PaperIn the research paper chosen, it describes what a company must endure to change itsmanagement accounting system style when going to evolve to a
University of Phoenix - ACC - all
CHAPTER 18Revenue RecognitionASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)Brief Exercises 1 Concepts for Analysis 1, 2, 3, 4, 5, 7, 8, 9 1, 2, 3, 6TopicsQuestionsExercises 1, 2, 3Problems 1*1. Realization and recognition; 1, 2, 3, 4, sales transactio
University of Phoenix - ACC - all
Running head: A NONPARAMETRIC STATISTICAL ANALYSIS OF ACCOUNTA Nonparametric Statistical Analysis of Account Balances Vs. CitiesHelen Anguay, Joshua Pittendrigh, Jana Thorson, and Scott WardUniversity of PhoenixResearch and Evaluation IIRES342Facili
University of Phoenix - ACC - all
LEARNINGTEAMCHARTERTEAMBCourseTitleACC/349costAccountingTeamMembers/ContactInformationNamePhoneTimezoneandEmailAvailabilityDuringtheWeekJOHNWILLM9253956934MF69PMPST406890MF710MSTErink44@email.phoenix.eduSatSunAllDayMSTErinK44@gmail.com
University of Phoenix - ACC - all
Running Head: REGRESSION PAPER1Century National Bank Regression Test: Balance versus InterestHelen Anguay, Joshua Pittendrigh, Jana Thorson, and Scott WardUniversity of PhoenixResearch and Evaluation IIRES342Facilitator Robert SchallerMarch 13, 20
University of Phoenix - ACC - all
Running Head: REGRESSION PAPER1Century National Bank Regression Test: Balance versus InterestHelen Anguay, Joshua Pittendrigh, Jana Thorson, and Scott WardUniversity of PhoenixResearch and Evaluation IIRES342Facilitator Robert SchallerMarch 13, 20
University of Phoenix - ACC - all
University of Phoenix - ACC - all
Case 4-26A. Will Peters prevail on his federal securities law claims?Peters will not prevail in this case since the facts did not show liability in the sale ofregistered securities or the liability for reports filed with the SEC. Since this stockstran
University of Phoenix - ACC - all
Analyze the reason for the type of organizational structure employed by the organization,and identify the key positions that support that organizational structure.Huffman Trucking uses their ability to transfer many items to all over the country, for th
University of Phoenix - ACC - all
P4-3 (Irregular Items) Tony Rich Inc. reported income from continuing operations before taxes during 2007 of \$790,000. Additional transactions occurring in 2007 but not considered in the \$790,000 are as follows.1. The corporation experienced an uninsured
University of Phoenix - ACC - all
Microsoft has set up, within the organization and on top of regular morals and standards,a standard for business conduct. They have tried to set up a company that complies with the lawsand regulations set in place to preserve their reputation with emplo
University of Phoenix - ACC - all
LEARNINGTEAMCHARTERTEAMDCourseTitleACC/281TeamMembers/ContactInformationNamePhoneTimezoneandEmailAvailabilityDuringtheWeekTicyJoris2142151229ScottWard951- 2392684Available10am10pmCSTticynichole@yahoo.com10 am 10 pm PSTBlindsk82004@excite.c
University of Phoenix - ACC - all
Ltwk3Problems P18-7(Long-Term Contract with an Overall Loss) On July 1, 2007, Kyung-wook ConstructionCompany Inc. contracted to build an office building for Mingxia Corp. for a total contract priceof \$1,950,000.On July 1, Kyung-wook estimated that it
University of Phoenix - ACC - all
Organizational OverviewIn Sharpsburg Pennsylvania in 1869 Henry John Heinz founded Heinz. Today Heinz is amulti-national company that does ten billion dollars in sales; which accounts for more than 650million bottles of ketchup sold each year. Ketchup
University of Phoenix - ACC - all
Management and Leadership PaperUniversity of PhoenixBy Scott WardThere are many things to look at when dealing with an organization, one major section ismanagement and leadership. These two things alone can make or break any company, this is whyso ma
University of Phoenix - ACC - all
Management PlanningBy Scott WardUniversity of PhoenixW hen thinking of a corporation a few things come to mind when thinking of theiroperations. Management is the key to many of the operation that a company has place forthe business to be successful.
University of Phoenix - ACC - all
Marketing MixUniversity of PhoenixBy Scott WardIn todays economy, business is on a rollercoaster effect. Companies all over are takingfinancial hits, but on the other hand some companies have been doing just fine, if not hit withany natural disasters
University of Phoenix - ACC - all
In Sharpsburg Pennsylvania in 1869 Henry John Heinz founded Heinz. TodayHeinz is a multi-national company that does ten billion dollars in sales; which accountsfor more than 650 million bottles of ketchup sold each year. Ketchup is only one productthat
University of Phoenix - ACC - all
In Sharpsburg Pennsylvania in 1869 Henry John Heinz founded Heinz. TodayHeinz is a multi-national company that does ten billion dollars in sales; which accountsfor more than 650 million bottles of ketchup sold each year. Ketchup is only one productthat
University of Phoenix - ACC - all
My name is Scott Ward, I am 25 years old and just trying to get through school. Iknow that I have a long road ahead of me and trying to make the best of it. Just gotmarried last year, which starts a new chapter in life for me to fill in the blank pages
University of Phoenix - ACC - all
E24-21) A2) C3) B4) B5) C6) C7) C8) B9) A10) C11) A12) B*E24-4ToulouseCo.Composition of current assetsCashReceivablesInventoriesComputation of various ratiosCurrent ratioAcid-test ratioA/R turnoverInventory turnoverCash to current
University of Phoenix - ACC - all
CA24-2Item 3A competitive development like this is usually considered to be the type of event thatprovides evidence with respect to a non existing condition at the date of the balance sheet.The auditor might see that Rems poor competitive situation wa
University of Phoenix - ACC - all
Running head: ORGANIZATIONAL BEHAVIOR COMPARISONSOrganizational Behavior ComparisonsMary Barnes, Michaela Elder, Fetira Hall, Jana Thorson, Scott Ward, &amp; Valerie YoungUniversity of PhoenixORGANIZATIONAL BEHAVIOR &amp; GROUP DYNAMICSMGT307ANDY WAGSTAFFO
University of Phoenix - ACC - all
University of Phoenix - ACC - all
Organizational Behavior Terminologyand ConceptsBy Scott WardUniversity of PhoenixIn the world of business and management, there are a few things to know and understandif the company plans to succeed. It is important to understand organizational cultu
University of Phoenix - ACC - all
P3-3Aa) (1) Physical UnitsR12RefrigeratorsF24FreezersUnits to be accounted forWork in process, June 1Started into productionTotal Units020,00020,000020,00020,000Units accounted forTransferred outWork in process, June 30Total Units18,00
University of Phoenix - ACC - all
P4-4A(a)Computation of unit coststraditional costingOverhead cost per direct labor hour is \$1,241,660 / (120,000 + 25,000) =\$8.563ProductsManufacturing CostsCoolDay\$0.4000.2500.428\$1.078Direct materialsDirect laborOverhead(b)Activity Cost
University of Phoenix - ACC - all
(a)General JournalDateApr. 4J110111314151718Debit 840Merchandise Inventory.Cash.120101 40Accounts Receivable.Sales.1124011,150505120 790Accounts Payable.Merchandise Inventory.201120 40Merchandise Inventory.Cash.120101 4
University of Phoenix - ACC - all
Connecticut IncBalance Sheet December 31, 2007Current Portion of Long-Term receivablesNotes receivable from sales divisionInstallment contract receivableTotal current portion of long term receivbales\$600,000.00\$29,725.00\$629,725.00Accured Intrest
University of Phoenix - ACC - all
P10-7A(a)Jan. 2Jan-JunePatentsCash.Research and DevelopmentExpense.Cash.\$45,00045,000140,000140,000Sept. 1Advertising Expense.Cash.50,000Oct. 1FranchiseCash.100,000Amortization Expense (patents)Patents12,00012,000Amortization Expe
University of Phoenix - ACC - all
P11-4AA. \$3960 / 132,000 = \$0.03The standard materials price per pound is \$0.90 - \$0.03 = \$0.87B. \$2,871 / \$0.87 = 3,300 pounds132,000 + 3,300 = 135,300 Standard quantity for 33,000 units or 4.1 pounds per unitC. 33,000 X 1 1/3 = 44,000 standard hour
University of Phoenix - ACC - all
GRANIA COMPANYPartial Statement of Cash FlowsFor the Year Ended December 31, 2008Cash flows from operating activitiesNet income.Adjustments to reconcile net incometo net cash provided by operating activitiesDepreciation expense.Loss on sale of equ
University of Phoenix - ACC - all
There are many aspects that Mc Donalds uses to make sure that their company staysprofitable and stable. For Mc Donalds to be successful there are many different businessdecisions that have to be made to help with the everyday business decisions. Differe
University of Phoenix - ACC - all
When having to examine the positive and negative reactions to the use of certain controlsfor McDonalds, it usually comes down to the organization itself. When looking into financialcontrols, which include financial targets and where managers are held re
University of Phoenix - ACC - all
Decisions&amp;StakeholdersGivetousclearvisionthatwemayknowwheretostandandwhattostandforbecauseunlesswestandforsomething,weshallfallforanythingPaulMarshallDeeper Thought On DecisionsDeeperWho are the stakeholderConcernsExpectationsAffects of problem
University of Phoenix - ACC - all
P re pa ra tion S te ps For P re s e nta tionWrite out speechPractice SpeechWork out Nerves beforeWorkspeakingspeakingWrittenSpeechMainPointsSmoothtransitionsAudiencewillfollowPractice Speech Lesstime between speaking Clearervoice projectio
University of Phoenix - ACC - all
RES 341 Research and Evaluation IUniversity of Phoenix MaterialResearch Terminology Matching AssignmentMatch the letter of the term on the right to the definition of that term on the left.DefinitionsTerms.1 A research study which includes repeated o
University of Phoenix - ACC - all
RES 342 Research and Evaluation IIUniversity of Phoenix MaterialParametric and Nonparametric Data Identification AssignmentLabel each of the following situations P if it is an example of parametric data or NP if it is anexample of nonparametric data.