ACCT 346 WEEK 1-7 All Discussion Questions
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Week 1 DQ 1 Ethics and Ethical Behavior
Week 1 DQ 2 Managerial and Financial Accounting
Week 2 DQ 1 Job Order Costing
Week 2 DQ 2 Process Costing
Week 3 DQ 1 Cost-Volume-Profit Analysis
Week 3 DQ 2 Variable Costing and Full Costing
Week 4 DQ 1 Activity Based Costing
Week 4 DQ 2 Incremental Cost Analysis
Week 5 DQ 1 Pricing Techniques
Week 5 DQ 2 Capital Budgeting Techniques
Week 6 DQ 1 Budgeting
Week 6 DQ 2 Standard Costs and Variance Analysis
Week 7 DQ 1 Responsibility Centers
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ACCT 346 Week 4 Midterm 1
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1. Question :
(TCO 1) Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for
2. Question :
TCO 1) Which of the following statements regarding fixed costs is true?
3. Question :
(TCO 1) You own a car and are trying to decide whether or not to trade it in and buy a new car. Which of the following costs is an opportunity cost in this situation?
4. Question :
(TCO 1) Shula’s 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each steak dinner sells for $14.00 each. How much is the budgeted variable cost per unit?
5. Question :
(TCO 1) Which of the following is an example of a manufacturing overhead cost?
6. Question :
(TCO 1) Which of the following is a period cost?
7. Question :
(TCO 1) If the balance in the Finished Goods Inventory account increased by $30,000 during the period and the cost of goods manufactured was $220,000, how much is cost of goods sold?
8. Question :
(TCO...