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ACCT 505 Week 1-7 All Discussion Questions (DEVRY)
For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: B+
Week 1DQ 1 Cost Terms, Classifications, and Behavior
Week 1DQ 2 Research and Application
Week 2DQ 1 Job Order and Process Costing Systems
Week 2DQ 2 Research and Application
Week 3DQ 1 Variable Costing and CVP Concepts
Week 3DQ 2 Research and Application
Week 4DQ 1 Budgeting Case Study
Week 4DQ 2 Exam Review
Week 5DQ 1 Standards, Variances, Flexible Budgets
Week 5DQ 2 Research and Application
Week 6DQ 1 Segment Reporting and Relevant Costs
Week 6DQ 2 Research and Application
Week 7DQ 1 Capital Budgeting
Week 7DQ 2 Exam Review

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ACCT 505 Week 1 Case Study (DEVRY)
For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3 Times, Rating: A+
Top Switch Inc. designs and manufactures switches used in telecommunications. Serious flooding throughout the state of Tennessee affected Top Switch’s facilities. Inventory was completely ruined, and the company’s computer system, including all accounting records, was destroyed.

Before the unfortunate incident, recovery specialists cleaned the buildings. The company controller is very nervous and anxious to recover whatever records he can to support the insurance claim for the destroyed inventory. After consulting with the cost accountant, they decide to retrieve the previous year’s annual report for the beginning inventory numbers. In addition, they also agreed that they need first quarter cost data.

The cost accountant was working on the first quarter results before the storm hit, and to his surprise, the report was still in his desk drawer. After reviewing the data , the information shows the following information: Material purchases were $ 325,000; Direct Labor…...

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