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Essay Writing

ACC 561 Week 5 DQ Please post a response only between 200 300 words to the following discussion question What is a flexible budget? What types of organizations may use flexible budgets? Why are flexible budgets useful? Next, imagine you are preparing a business s cash budget, which involves determining the amount of cash to […]

ACC 561 Week 4 Quiz Multiple Choice Question 39 A variable cost is a cost that   Multiple Choice Question 42 An increase in the level of activity will have the following effects on unit costs for variable and fixed costs: Unit Variable Cost Unit Fixed Cost     Multiple Choice Question 43 A fixed […]

ACC 561 Week 6 Assignment Incremental analysis is considered to be more economical than a comprehensive analysis, while being just as effective. Do you agree or disagree? Explain your answer in a paper that is at least 750 words(papers that are less than 750 words, will receive a reduction in points). Click the Assignment Files […]

ABC Company’s current financial information Dec. 31,20X2      Dec. 31,20X1 Cash       $50,000  $70,000 Accounts receivable (net)       $120,000  $180,000 Merchandise inventory       $350,000  $280,000 Property plant, & equipment      $400,000  $300,000 Less: Accumulated depreciation      ($170,000) ($100,000) Total assets       $750,000  $730,000 Accounts payable       $250,000  $210,000 Income taxes payable       $40,000  $10,000 Common stock       $240,000  $240,000 Retained earnings       $220,000  $270,000 Total liabilities & […]

1. Three recent graduates of the computer science program at the University of Tennessee are forming a company that will write and distribute new application software for the iPhone. Initially, the corporation will operate in the southern region of Tennessee, Georgia, North Carolina and South Carolina. A small group of private investigators in Atlanta, Georgia […]

ABC Corporation’s Cash Budget ABC budgeted monthly sales are $4,000. 40% of its customers pay in the first month and take the 3%discount. The remaining 60% pay in the month following the sale and don’t receive a discount. Purchases for next month’s sales are constant each month at $2,000. Other payments for wages, rent, and […]

1. Units-of-activity is an appropriate depreciation method to use when it is impossible to determine the productivity of the asset. the asset’s use will be constant over its useful life. the productivity of the asset varies significantly from one period to another. the company is a manufacturing company   2.  The reconciliation of the cash […]

1) Vaughn Company, which uses a periodic inventory system, had a beginning inventory on May 1, of… Purchases May 6 ——–375 units at $9 May 14——– 250 units at $10 May 21 ——- 300 units at $11 May 28 ——- 452 units at $13 —————- 1350 ———- Sales May 4 ——— 275 units May 8 […]

1. When indirect materials are requisitioned from the materials storeroom and placed in production,… A. Work in Process Inventory. B. Cost of Goods Manufactured. C. Manufacturing Overhead Applied. D. Manufacturing Overhead. 2. The entry to record the application of overhead to jobs consists of a debit to __________ and a credit to __________. A. Manufacturing […]

ACC-422-week-3-DQs ACC/422 Week 3 DQ 1   What is the purpose of depreciation?   Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not.     Should the financial statements reflect the value of fixed assets? Explain why or […]