ACC 349 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?