...This file ACC 561 Assignment Wiley Plus Week 5 contains solutions to these exercises: E20-2 Zeller Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $25, respectively. Because of the intense competition Zeller faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows E20-5 Moreno Industries has adopted the following production budget for the first 4 months of 2011. BE21-4 Hannon Company expects to produce 1,200,000 units of Product XX in 2010. Monthly production is expected to range from 80,000 to 120,000 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Complete the flexible manufacturing budget for the relevant range value using 20,000 unit increments. E22-5 The standard cost of Product B manufactured by Mateo Company includes three units of direct materials at $5.00 per unit. During June, 28,000 units of direct materials are purchased at a cost of $4.70 per unit, and 28,000 units of direct materials are used to produce 9,000 units of Product B. Business - Accounting E20-2 Zeller Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $25, respectively. Because of the intense competition...
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...Accounting 290 Week 4 and Week 5 To purchase this visit here: http://mindsblow.us/question_des/Accounting290Week4andWeek5/2775 Contact us at: help@mindblows.us ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam Accounting 290 Week 4 and Week 5 To purchase this visit here: http://mindsblow.us/question_des/Accounting290Week4andWeek5/2775 Contact us at: help@mindblows.us ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam Accounting 290 Week 4 and Week 5 To purchase this visit here: http://mindsblow.us/question_des/Accounting290Week4andWeek5/2775 Contact us at: help@mindblows.us ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam Accounting 290 Week 4 and Week 5 To purchase this visit here: http://mindsblow.us/question_des/Accounting290Week4andWeek5/2775 Contact us at: help@mindblows.us ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam Accounting 290 Week 4 and Week 5 To purchase this visit here: http://mindsblow.us/question_des/Accounting290Week4andWeek5/2775 ...
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... cost allocation, budgets, and control systems. Week 1 - Topic 1: Financial Reporting and AnalysisObjectives Differentiate between financial statements. Evaluate financial statements of nongovernment organizations. Recognize the major aspects of the regulatory environment. Materials Week One Student Guide WILEY PLUS: WileyPLUS Readings Week One WILEY PLUS: WileyPLUS Practice Week One ARTICLE: Week One Electronic Reserve Readings Final Examination Study Guide Assessment Individual Assignment: WileyPLUS Assignment Week One Resources: WileyPLUS and Accounting Access WileyPLUS using the link on the student website. Complete the following in WileyPLUS: Brief Exercise BE 1-7 Brief Exercise BE 1-8 Brief Exercise BE 1-9 Individual Assignment: Financial Statement Differentiation Paper Write paper of no more than 700 words discussing the four different types of financial statements. Explain the information provided by each financial statement and include your responses to the following questions: Which financial statement, or statements, would be of most interest to investors? Which financial statement, or statements, would be of most interest to creditors? Which financial statement, or statements, would be of most interest to management? Format your paper consistent with APA guidelines. WILEY PLUS: WileyPLUS Assignment Week One Please see the instructor's syllabus for this week's assignments. Week 2 -...
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...will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Kimmel, P. D., Weygandt, J. J., & Kieso, D. E. (2009). Financial accounting: Tools for business decision making (5th ed.). Hoboken, NJ: John Wiley & Sons. All...
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...AC 611: HB3: Financial Accounting Problems I Fall 2015 INSTRUCTOR: Dr. Yannan Shen CLASS: HB3: Thur OFFICE: Location: Phone: Fax: E-mail: Hours: AAC 222 781-891-2652 781-891-2896 yshen@bentley.edu (best way to contact me) Thur 5:00 PM – 6:30 PM, and by appointment 7:30 PM – 9:50 PM SMITH XXX REQUIRED RESOURCES: Intermediate Accounting with Wiley Plus software (15th edition) Kieso, Weygandt, and Warfield, John Wiley & Sons, 2015 Introduction to Financial Accounting, an online tutorial Harvard Business School (HBS) Publishing Students who prefer to have both hard copy and online access could purchase the “wrapped” edition (text plus the Wiley Plus software) at the Bentley bookstore. Students not buying the textbook from the Bookstore should purchase a Wiley Plus access code directly from the publisher. Please note that textbook and software both are required for AC 611. You will continue to use the same textbook for AC 612 as well, and the Wiley Plus access code would be valid for next semester as well. Wiley Plus also contains an etextbook, but you do NOT get a paper copy. Your Wiley Plus url address is http://www.wileyplus.com/class/461237 The Blackboard website of the course contains a variety of course resources like the solutions manual and powerpoints and other course related announcements. You can access the Blackboard site http://blackboard.bentley.edu from any location at any time. AC 611 Syllabus, Page #1 Log...
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...will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Kimmel, P. D., Weygandt, J. J., & Kieso, D. E. (2009). Financial accounting: Tools for business decision making (5th ed.). Hoboken, NJ: John Wiley & Sons. All...
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...into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Bagranoff, N. A., Simkin, M. G., & Strand Norman, C. (2008). Core concepts of accounting information systems (10th ed.). New York, NY: Wiley. Hunton, J. E., Bryant, S. M., & Bagranoff, N. A. (2004). Core concepts of information technology auditing. Hoboken, NJ: Wiley. O’Brien, J. A. & Marakas, G. M. (2008). Management information systems (8th ed.). Boston, MA: McGraw-Hill. All electronic materials are available on the student website. Week One: Characteristics of Accounting Information Systems | | Details | Due | Points | Objectives | 1.1 Describe the characteristics of general computer systems.1.2 Explain how computer systems are used to meet business needs and improve operations.1.3...
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...of most healthy people. When there is not enough data about nutrient requirements to establish EARs and RDAs, are set, based on what healthy people typically eat. RDA or AI values can be used as goals for individual intake and to plan and evaluate individual diets, they are meant to represent the amounts that most healthy people should consume, on average, over several days or even weeks, not each and every day. Because they are set high enough to meet the needs of almost all healthy people, intake below the RDA or AI does not necessarily mean that an individual is deficient, but the risk of deficiency is greater than if the individual consumed the recommended amount” (Wiley Plus, 2012). Based on this I would say that my intake for the day of September 7, 2012 followed the guidelines very well. “The human body requires many vitamins and minerals in order to function properly. Although eating a balanced and healthy diet often provides the full amount of the necessary vitamins and minerals, deficiencies can cause symptoms or lead to the onset of disease” (Med Line Plus, 2012). “In June 2011, My-Plate replaced MyPyramid as the government's primary food group symbol. My-Plate is an easy-to-understand visual cue to help consumers adopt healthy...
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...FIN 571 WEEK 5 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=fin-571-week-5 Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION FIN 571 Week 5, Research-based pharmaceuticalPfizer develops its own innovative pharmaceutical products. Pfizer’s worldwide revenue is over $60 billion with a gap close to $140 billion. Pfizer employs a textbook Capital Asset Pricing Model (CAPM), which uses the weighted average of debt and equity in its capital base to calculate its cost of capital. CAPM describes the relationship between risk and the expected return. To calculate CAPM, Pfizer uses the risk-free rate from the treasury market, the beta from historical performance of its stock against an index such as S&P 500, and the market risk premium or the expected return on the market. The market risk premium is the difference between the expected return on the market and the risk-free rate from the treasury market. To calculate the weighted cost of debt, Pfizer calculates the net debt (the amount of debt held minus the amount of cash held) rather than the gross debt. This leads to the primary capital structure of Pfizer as equity rather than debt based. 0More importantly, Pfizer looks at the cost of debt side, starting with debt, which is observable. On the equity side, the capital asset pricing model comes in. The input is the risk-free rate, observable in the treasury market. Pfizer then looks at the beta of the company,...
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...Insert name Tutor Course Date Introduction American International Group, Inc. (AIG) is an American insurance company. Its business headquarters are situated in the American International Building of New York City. The British headquarters is located on the Fenchurch Street of London while the European headquarters is situated in La Défense, Paris, while the Asian main office is situated in Hong Kong. Reports from the 2008 Forbes Global 2000 listing highlighted that AIG was by then the 18th-biggest public corporation worldwide, and also appeared in the reports of the Dow Jones Industrial survey between April 8, 2004 and September 22, 2008. AIG experienced a liquidity catastrophe when its financial ratings dropped below "AA" rankings around September 2008. The U. S. Federal Reserve Bank on September 16, 2008 formed an $85 billion credit capacity to allow the company to overcome its increased collateral requirements following the credit ranking downgrade, in a swap over for the issuance assets merit to the Federal Reserve Bank for 79.9% equity of the AIG. The Federal Reserve Bank along with the U. S. treasury around May 2009 extended the potential monetary boost to the AIG, with the enhancement support in form of $70 billion investment, of which $60 billion was channeled on credit line as well as $52.5 billion to purchase mortgage-based properties belonging to or insured by AIG, raising the total sum available to around $182.5 billion. AIG later sold some of its...
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...search for ethical dilemmas in the online text). Remember that an ethical dilemma, by its nature, has at least two alternatives – maybe more. GAMESTOP’S Chief Accounting Officer is Robert Lloyd. He is responsible for overseeing the books and records of the company and preparing the company’s financial statements. Lloyd reports to David Carlson, who is the Chief Financial Officer of the company. Carlson reports to Daniel DeMatteo, the company’s Chief Executive Office (CEO). The day is April 5, 2009 and the company has just finished closing its books and records for the first quarter of 2009 (March 31, 2009) and preparing to release its first quarter’s earnings to the marketplace. Matteo places a call to Lloyd at 10:30am on the morning of April 5. DeMATTEO: “Hi Robert. How is it going? Do you have a minute to talk about something important?” LLOYD: “Oh hi Dan. Everything is on track for the quarter. We’re wrapping up the final details for the earnings release next week. I’ll be getting together with David in tomorrow as a matter of fact to review everything. What can I do for you?” DeMATTEO: “We have a little problem with the first quarter earnings that I wanted to talk about.” LLOYD: “Oh really? What’s the problem? We’ve reviewed all of the numbers and the accounting issues. I know the earnings are a bit lower than what analyst are expecting, but I’m pretty sure we have everything correct. Obviously we will be double-checking before I meet with David tomorrow...
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...Week Five Assignment Alison Eades ACC/561 December 22, 2014 Jason See Week 5 Assignment Exercise 18-1 is about the Martinez Company’s decision to introduce a new product manufacture by either a capital-intensive method or a labor-intensive method. Provided are the manufacturing cost for both methods as well as the estimate. The capital-intensive manufacturing cost estimates are as follow: $5.00 per unit for direct materials, $6.00 per unit for direct labor, $3.00 per unit for variable overhead, and $2,508,000 for fixed manufacturing cost. The labor-intensive manufacturing cost estimates are as follow: $5.50 per unit for direct materials, $8.00 per unit for direct labor, $4.50 per unit variable overhead, and $1,538,000. The company’s research department recommends an introductory unit sale price of $30. The incremental selling expenses are estimated to $502,000 annually plus $2.00 for each unit sold, regardless of which manufacturing method is used. Capital-intensive methodologies of production require higher levels of labor. A: The estimated break-even point in annual unit sales of the new product is calculated differently dependent on the used method. 1.) With the capital-intensive method, the Martinez Company must calculate total fixed cost first; $2,508,000+$502,000=$3,010,000. The contribution margin per unit must also be calculated through selling price less variable cost ($30-$5-$6-$3-$2=$14). Total fixed cost over contribution margin per unit determines...
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...W13 Acct110 COMPREHENSIVE PRACTICE Final Exam Question One: A/R and Bad debts (15 minutes) Part One. Read each transaction and record the appropriate journal entry for Morrison Consultants, which has a June 30 year end. Explanations are NOT required 1. On June 30 2012, Morrison prepares an aging schedule of accounts receivable that shows estimated uncollectible accounts of $5,200. Before journal entries, the Allowance for Doubtful accounts has a debit balance of $300 and Accounts Receivable has a balance of $85,000. 2. On July 5, Morrison was notified that Sperry Ltd has declared bankruptcy and Morrison writes off its A/R of $800. 3. On September 12, Sperry notifies Morrison that it can pay its $800 debt and includes a cheque for the entire amount. Part Two. 1. What is the net realizable value of the accounts receivable at June 30, 2012? ______________ 2. What is the net realizable value of the accounts receivable at July 5, 2012? _______________ Date Account Debit Credit Calculations: There is no representation that the practice questions reflect the actual exam questions. 1|Page Camosun College W13 Acct110 COMPREHENSIVE PRACTICE Final Exam B. Edwards Question Two: Capital Assets and amortization. (30 minutes) Townsend Engineers owns a piece of machinery that it purchased 3 years ago for $40,000. The machinery has an estimated salvage value of $5,000 and an estimated useful life of 10 years. Straight-line amortization is used...
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...Course Materials Click here to view the required and recommended materials to be purchased and to access ordering information. Course Description (Students should be cautious about enrolling in ACCT 310 or ACCT 311. These are professional courses requiring intensive study and analysis and are not to be undertaken casually. Students who have not taken ACCT 221 within the last two years may have difficulty.) Prerequisites: BMGT 110 (or at least two years of business or management experience) and ACCT 221. A comprehensive analysis of financial accounting topics involved in preparing financial statements and in external reporting. Students may receive credit for only one of the following courses: ACCT 310 or BMGT 310. Course Goals/Objectives This course should help you develop the ability to apply GAAP to a variety of complex accounting and financial reporting situations. The specific goals of this course are to: • provide a more extensive understanding of financial accounting principles and procedures and their role in the managerial decision-making process, through (a) the textbook and other written materials, (b) discussion of accounting topics via Web conferencing and online case study assignments, (c) research on the World Wide Web, and (d) FARS / Financial Accounting Research System • present financial accounting processes, procedures, terminology, concepts, and case studies • provide a higher level of problem-analysis and problem-solving ability through...
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...NATIONAL UNIVERSITY OF SINGAPORE NUS BUSINESS SCHOOL Department of Finance BMA5318: Investment Banking (Summer I: May-June 2012) Instructor: Banikanta Mishra Office: BIZ 1 Level 7-77 Telephone: +91-943-707-5075 E-mail: banikant@ximb.ac.in Prerequisite: BMA5008 (Financial Management) COURSE SYNOPSIS: This course is a blended introduction to Investment Banking (IB). It would combine theory and practice. To buttress our understanding of practice, we would do some case studies and also have practitioners give a Street Talk every week; some of them may discuss live projects and I may pitch in with my experience with past ones I have been directly involved in. Moreover, we would have both qualitative and quantitative discussions on most topics, the latter mainly being numerical examples (not any rocket science or high-flying calculus). Though we would talk about the global scenario, our focus, whenever possible, would be on Asia. After gaining an idea into what IB is and understanding the basics of Trading, we would study in detail the capital-raising process, mainly Underwriting and Syndication. Here, we would learn about IPO and SEO and ADR and GDR as well as about NIF and RUF. We would also get familiar with Euromarket and the innovative Euro instruments like Euronote and Euro-CP as well as Eurobond and Euroequity. This would also give an opportunity to get a glimpse into Financial Engineering in debt and equity instruments as well as about Structured...
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