ACC 349 Complete Course
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ACC 349 Complete Course
Week 1
Individual Assignments Ch. 1
Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making:
Exercise E1-7
Ethics Case BYP 1-7
Discussion Questions
There are some key differences between financial and managerial accounting. How do these differences impact the type of information that must be gathered and reported?
What are the differences between job-cost and process cost systems? Give some examples of when it would be appropriate to use each type of system.
There are differences between a direct cost and an indirect cost. Which is more difficult to track? Why?
Week 2
Individual Assignments Ch. 2 & 3
Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making:
Ch. 2 Exercises E-2-6 and E2-9
Ch. 3 Exercises E3-5 and E3-9
Ch. 3 Questions 2 and 3
Learning Team Problems Ch. 2 & 3
Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making:
Ch. 2 Problem P2-4A
Ch. 3 Problem P3-3A
Learning Team Case Study Ch. 2
Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making:
Managerial Analysis BYP 2-2
Discussion Questions
In chapter 4, we are learning in detail about Activity Based Costing. In using the concepts of ABC, how does this apply to your own company or a company you are familiar with?
As we learn in more detail about cost drivers and cost pools, give some examples of each and let's discuss.
We are differentiating between value-added and non-value-added activities. Are there any non-value-added processes at your company? Is it possible to eliminate these processes?
Week 3
Individual Article Analysis Summary
Use the Internet or other credible resources to find an article relevant to activity-based costing (ABC), job costing, or process costing.
Write a 125-word summary of the article.
Summarize the major topics of the article, and explain what you learned as a result of your reading.
Format your summary consistent with APA guidelines.
Individual Assignments Ch. 4
Prepare written responses to the following assignments from Ch. 4 of Managerial Accounting: Tools for Business Decision Making:
Exercises E4-10 and E4-11
Questions 13 and 14
Learning Team Problems Ch. 4
Prepare written responses to the following problems from Ch. 4 of Managerial Accounting: Tools for Business Decision Making:
Problems P4-3A and P4-4A
Learning Team Case Study Ch. 4
Prepare written responses to the following case study from Ch. 4 of Managerial Accounting: Tools for Business Decision Making:
Managerial Analysis BYP 4-2
Discussion Questions
For what is the cost-volume-profit (CVP) analysis used? Discuss some of the key assumptions that make CVP analysis useful for decision makers?
Explain the incremental analysis approach and give some examples of when this would be used?
Name some of the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting?
Week 4
Individual Assignments Ch. 5 & 6
Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making:
Ch. 5 Exercises E5-1 and E5-9
Ch. 6 Exercises E6-7 and E6-10
Learning Team Problem Ch. 7
Prepare written responses to the following problems from Ch. 7 of Managerial Accounting: Tools for Business Decision Making:
Problem P7-1A
Learning Team Case Study Ch. 6
Prepare written responses to the following case study from Ch. 6 of Managerial Accounting: Tools for Business Decision Making:
Managerial Analysis BYP 6-2
Discussion Questions
Let's discuss some of the advantages and disadvantages of standard costs. How do you or your manager determine what the standard costs should be?
When do you think variances should be investigated? Who do you think should be responsible for correcting a negative variance and why?
Week 5
Individual Assignments Ch. 8, 9, & 11
Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making:
Ch. 8 Exercises E8-11
Ch. 9 Brief Exercises BE9-6 and BE9-8
Ch. 11 Questions 2 and 11
Ch. 11 Exercise E11-6
Learning Team Problems Ch. 8 & 11
Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making:
Ch. 8 Problem P8-2A
Ch. 11 Problem P11-4A
Discussion Questions
One of the pricing approaches is Cost-Plus pricing. Let's discuss the benefits as well as the limitations using this pricing method. When is this method typically used and give an example.
Class, pick a budget that would be included in the master budget (page 356 in our text is an excellent reference). Change the subject line to the individual budget that you have selected. Please discuss the benefits of that section of the budget as well as how management would realistically arrive at these numbers. Is the budget you selected an operating budget or a financial budget? Why?