## ACCT 346 Weekly Assignment Week 3

ACCT 346 Weekly Assignment Week 3 in \$19 Only

Directions: Please answer all questions below and be sure to show all of your calculation work in the boxes provided in order to earn full credit. Note that Question #2 has 2 parts, Part A and Part B. If you need more room for your answers, just add more rows or columns to the boxes, if needed.
1. Beginning WIP inventory is 15,500 units, 75% complete for materials. During the month, 90,000 units were
started; 87,000 were finished and ending WIP was 18,500 units that were 50% complete for materials.
How many equivalent units should be used to allocate costs for materials? Or in other words, what are the total
equivalent units of production with respect to materials? (Assume that the weighted average method is used, not
FIFO.)
2. During a period, 38,200 units were completed and 4,200 units were in ending WIP inventory. Ending WIP was
75% complete for direct materials and 50% complete for conversion costs.
2a. What are the total equivalent units for direct materials?
2b. What are the total equivalent units for conversion costs?

Price of Answer: Just US\$19 only

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## ACCT 346 Week 8 Final Exam

ACCT 346 Week 8 Final Exam in \$14 only

1.Question :

(TCO 1) The principle managers follow when they only investigate significant departures from the plan is commonly known as

4 of 4

2.Question :

(TCO 1) Which of the following is not likely to be a fixed cost?

4 of 4

## ACCT 346 Midterm Exam

ACCT 346 Midterm Exam in \$10 only

1. (TCO 4) Which of the following will have no effect on the break-even point in units?
2. (TCO 4) Circle K Furniture has a contribution margin ratio of 16%. If fixed costs are \$176,800, how many dollars of revenue must the company generate in order to reach the break-even point?)
3. (TCO 4) Paula Corporation sells a single product at a price of \$275 per unit. Variable cost per unit is \$135 and fixed costs total \$356,860. If sales are expected to be \$825,000, what is Paula’s margin of safety?
4. (TCO 5) Which of the following is treated differently in full costing than in variable costing?
5. (TCO 5) Which of the following items on a variable costing income statement will change in direct proportion to a change in sales?
6. (TCO 5) Peak Manufacturing produces snow blowers. The selling price per snow blower is \$100. Costs involved in production are:
7. (TCO 5) The cost objective is the
8. (TCO 6) Which of the following statements about cost pools is not true?
9. (TCO 6) AC Consulting Company has purchased a new \$18,038 copier. This overhead cost will be shared by the purchasing, accounting, and information technology departments since those are the only departments which will be able to access the machine. The company has decided to allocate the cost based on the number of copies made by each department. Each department has estimated the number of copies which will be made over the life of the copier
10. (TCO 7) A company is trying to decide whether to keep or drop the sporting goods department in its department store. If the segment is dropped, the manager will be fired. The manager’s salary, in relation to the decision to keep or drop the sporting goods department, is
11. (TCO 7) BigByte Company has 12 obsolete computers that are carried in inventory at a cost of \$13,200. If these computers are upgraded at a cost of \$7,500, they could be sold for \$15,300. Alternatively, the computers could be sold “as is” for \$9,000. What is the net advantage or disadvantage of reworking the computers?
12. (TCO 7) YXZ Company’s market for the Model 55 has changed significantly, and YXZ has had to drop the price per unit from \$275 to \$135. There are some units in the work in process inventory that have costs of \$160 per unit associated with them. YXZ could sell these units in their current state for \$100 each. It will cost YXZ \$10 per unit to complete these units so that they can be sold for \$135 each. Which of the following is the amount of sunk costs in this problem?
13. (TCO 3) Which of the following companies is most likely to use a process costing system?
14. (TCO 3) The Blending Department began the period with 45,000 units. During the period the department received another 30,000 units from the prior department and completed 60,000 units during the period. The remaining units were 75% complete. How much are equivalent units in The Blending Department’s work in process inventory at the end of the period?
15. (TCO 4) Total costs were \$75,800 when 30,000 units were produced and \$95,800 when 40,000 units were produced. Use the high-low method to find the estimated total costs for a production level of 32,000 units.

Price of Answer: Just US\$12 only

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If you need any type of help regarding Homework, Assignments, Projects,  Case study, Essay writing or any thing else then just email us at question@solvemyquestion.com.  We will get back to you ASAP. Do not forget to maintain the time frame you need you work to be done.