ACCT 346

ACCT 346 All Discussions - Latest 2014

ACCT 346 Week 1 DQ 1 Ethics and Ethical Behavior
ACCT 346 Week 1 DQ 2 Managerial and Financial Accounting

ACCT 346 Week 2 DQ 1 Job-Order Costing
ACCT 346 Week 2 DQ 2 Process Costing

ACCT 346 Week 3 DQ 1 Cost-Volume-Profit Analysis
ACCT 346 Week 3 DQ 2 Variable Costing and Full Costing

ACCT 346 Week 4 DQ 1 Activity-Based Costing
ACCT 346 Week 4 DQ 2 Incremental Cost Analysis

ACCT 346 Week 5 DQ 1 Pricing Techniques
ACCT 346 Week 5 DQ 2 Capital Budgeting Techniques

ACCT 346 Week 6 DQ 1 Budgeting
ACCT 346 Week 6 DQ 2 Standard Costs and Variance Analysis

ACCT 346 Week 7 DQ 1 Responsibility Centers
ACCT 346 Week 7 DQ 2 Financial Statement Analysis



ACCT 346 Project Bravo Baking Company


ACCT 346 Quiz Week 3


ACCT 346 Quiz Week 6

ACCT 346 Midterm  New-Updated

ACCT 346 Final Exam  - LATEST

Question 1.1. (TCO 1) How does managerial and financial accounting differ in terms of the amount of detail presented and nonmonetary and monetary information? (Points : 15)

Question 2.2. (TCO 2) What is an indirect labor cost?  What is an example of an indirect labor cost?  (Points : 15)

Question 3.3. (TCO 3) What is the difference between job order and process costing?  (Points : 15)

Question 4.4. (TCO 4)  What is a fixed cost?  What is an example of a fixed cost? (Points : 15)

Question 1.1. (TCO 5) What is full costing?  How does it differ from variable costing? (Points : 15)

Question 2.2. (TCO 6)  What is the first step in the cost allocation process? What is done in this step? (Points : 15)

Question 3.3. (TCO 7)  What is an incremental cost?  What is an example of one? (Points : 15)

Question 4.4. (TCO 8) What is activity-based pricing?  How is the price determined? (Points : 15)

Question 1.1. (TCO 6) Name the steps in the ABC approach.  Describe each of them.  Which do you think is the most important step? Why? (Points : 30)

Question 2.2. (TCO 7) Products Kappa and Sigma are joint products. The joint production cost of the products is $800. Kappa has a market value of $450 at the split-off point. If Kappa is further processed at an additional cost of $600, its market value is $1,400. Product Sigma has a

market value of $1,150 at the split-off point. If Product Sigma is further processed at an additional cost of $300, its market value is $1,400. Using the relative sales value method, calculate the joint product cost that would be allocated to Kappa and Sigma.  How do you know if one of the

products should be further processed?
(Points : 30)

Question 3.3. (TCO 8) A company must incur annual fixed costs of $4,000,000 and variable costs of $400 per unit and estimates that it can sell 40,000 pumps annually and marks up cost by 30 percent.  Using cost-plus pricing, what is the cost per unit and the price? What are advantages

and disadvantages of cost-plus pricing?(Points : 30)


Question 1.1. (TCO 9) A project will require an initial investment of $250,000 and will return $50,000 each year for seven years. If taxes are ignored and the required rate of return is 9%, what is the project's net present value? Based on this analysis, should the company proceed with the

project? (Points : 30)

Question 2.2. (TCO 10) Why does a company perform ratio analysis?  What are the debt-related ratios?  Describe the formula for one debt-related ratio and explain how to interpret the ratio. (Points : 30)