UOPACC561 Introduction Education--uopacc561.com

ACC 561 Assignment Week 1 Financial Statements (May
2019) (Two Rivers Inc)
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Purpose of Assignment This activity helps students recognize the
significant role accounting plays in providing financial information to
management for decision making through the evaluation of financial
statements. This experiential assignment requires students to use
ratios to evaluate and analyze a company’s liquidity, solvency, and
profitability. Two-Rivers Inc. (TRI) manufactures a variety of
consumer products. The company's founders have run the company
for thirty years and are now interested in retiring. Consequently, they
are seeking a purchaser, and a group of investors is looking into the
acquisition of TRI. To evaluate its financial stability, TRI was
requested to provide its latest financial statements and selected
financial ratios. Summary information provided by TRI is presented
below. Required: a. Calculate the select financial ratios for the fiscal
year Year 2. (use MS word or excel but excel is more recommended)
b. Interpret what each of these financial ratios means in terms of TRI's
financial stability and operating efficiency.
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ACC 561 Discussion Costing Systems
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Product costing systems are methods used to manage inventories.
Accounting systems primarily engage one of three costing systems at
a time: job order costing, process-based costing, or activity-based
costing. Respond to the following in a minimum of 150 words: •
Briefly explain each of the three costing systems in accounting.
• Discuss the situations in which each system would be best
employed by a business.
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ACC 561 Discussion CVP Analysis
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Cost-volume-profit analysis, or CVP, is something companies use to
figure out how changes in costs and volume affect their operating
expenses and net income. In other words, CVP is a methodical
analysis of the dynamic inter-relationship between selling prices, sales
and production volume, cost expenses, and profits. Respond to the
following in a minimum of 150 words: • Explain each of the three
elements of CVP analysis. •Discuss how managers use CVP analysis.
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ACC 561 Discussion Organizational Budgets
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Shrewdly designed budgets assist businesses leaders with awareness
of expenditures and managing resources. Businesses use a variety of
budgets to measure their spending and develop effective strategies for

maximizing their assets and revenues. Many types of organizational
budgets exist and each have different purposes, strengths, and
weaknesses. Respond to the following in a minimum of 150 words:
•Briefly discuss four types of organizational budgets.
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ACC 561 Entire Course (Excluding Final Guide)
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ACC 561 Week 1 Individual Assignment Financial Statements (2
Papers) (New Syllabus) s
ACC 561 Week 1 Individual Assignment Financial Statements (Walt
Disney)
ACC 561 Week 2 Assignment Accounting Methods (Bizcon, 2
Papers)
ACC 561 Week 3 Assignment Ratio Analysis (P Jason, New
Syllabus)
ACC 561 Week 3 Team Financial Statement Analysis and Decision
Making Activity
ACC 561 Week 4 Assignment Production Cost (Davis Skaros, New
Syllabus)
ACC 561 Week 5 Team Cost Behavior Analysis
ACC 561 Week 5 Assignment Case Study Cost Volume Profit
Analysis (Mary Willis, New Syllabus)
ACC 561 Week 6 Assignment Managerial Analysis Assessment
(Green Pasture, New Syllabus)

ACC 561 Week 1 Financial Statement Differentiation Paper (New
Syllabus)
ACC 561 Week 2 Small Business Analysis (New Syllabus)
ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc. Loan
Package
ACC 561 Week 3 Business Plan Develop a business plan and
financial metrics
ACC 561 Week 4 Costing Methods ACC 561 Week 5 CVP and
Break-Even Analysis
ACC 561 Week 6 Budgets and Decisions making
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ACC 561 Entire Course (With Final Guide)
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Final Guide contains 23 Questions out of 30 (you can ask for free help
before opening the exam)
ACC 561 Final Exam Guide (New, 2017, 23 Questions)
ACC 561 Week 1 Individual Assignment Financial Statements (2
Papers) (New Syllabus)
ACC 561 Week 1 Individual Assignment Financial Statements (Walt
Disney)
ACC 561 Week 2 Assignment Accounting Methods (Bizcon, 2
Papers)
Syllabus)

ACC 561 Week 3 Team Financial Statement Analysis and Decision
Making Activity
ACC 561 Week 4 Assignment Production Cost (Davis Skaros, New
Syllabus)
ACC 561 Week 5 Team Cost Behavior Analysis
ACC 561 Week 5 Assignment Case Study Cost Volume Profit
Analysis (Mary Willis, New Syllabus)
ACC 561 Week 6 Assignment Managerial Analysis Assessment
(Green Pasture, New Syllabus)
ACC 561 Week 1 Financial Statement Differentiation Paper (New
Syllabus)
ACC 561 Week 2 Small Business Analysis (New Syllabus)
ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc. Loan
Package
financial metrics
ACC 561 Week 4 Costing Methods
ACC 561 Week 5 CVP and Break-Even Analysis
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ACC 561 Final Exam Guide (New, 2019, Score 100%)
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The investigation of materials price variance usually begins in the:
controller’s office. accounts payable department. first production
department. purchasing department Hollis Industries produces flash
drives for computers, which it sells for $20 each. Each flash drive
costs $13 of variable costs to make. During April, 1,000 drives were
sold. Fixed costs for March were $2 per unit for a total of $1,000 for
the month. How much is the contribution margin ratio? 35% 25%
75% 65% Which of the following statements is not true? When a
company’s sales revenue is decreasing, high operating leverage is
good because it means that profits will decrease at a slower pace than
revenues decrease. When a company’s sales revenue is increasing,
high operating leverage is good because it means that profits will
increase rapidly.
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ACC 561 Week 1 Financial Statement Differentiation Paper
(New Syllabus)
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Financial Statement Differentiation Instructions: Write a paper
between 700 and 1,000 words discussing the four different types of
financial statement. Explain the information provided by each
financial statement and include specific examples. Incorporate your
responses to the following questions. Which financial statement or
statement would be of most interest to investors, creditors and
management. Why? Format your paper consistent with APA
guidelines and submit your paper and plagiarism review file via the
assignment files tab.

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ACC 561 Week 1 Individual Assignment Financial
Statements (2 Papers) (New Syllabus)
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ratios to evaluate and analyze a company's liquidity, solvency, and
profitability. Assignment Steps Resources: Generally Accepted
Accounting Principles (GAAP), U.S. Securities and Exchange
Commission (SEC), University Library, Library resources: Company
Directories and Financials Tutorial help on Excel® and Word
functions can be found on the Microsoft® Office website. There are
also additional tutorials via the web offering support for Office
products. Select a publicly traded, U.S. corporation with which you
are familiar or one where you currently work or have worked in the
past. Research the company on the Internet and download the Income
Statement, Statement of Shareholders' Equity, Balance Sheet, and
Statement of Cash Flows. Develop a minimum 700-word examination
of the financial statements and include the following: • Determine the
net income for the current fiscal year (FY). Is this income up or down
from the prior year? • Explain the relevance of changes in net income
to investors. • Determine the ending balance in shareholders'
equity. Why would organizations such as labor unions be interested in
this? • Determine the total value of assets. • Discuss the
relevance of the total value of assets to potential creditors and why

this is important. • Compute the return on assets. Discuss the
relative profitability of the company based on your results. •
Compute the working capital and current ratio. Evaluate the
relative liquidity of the company based on your results. •
Compute the debt to assets ratio and the free cash flow for your
company. Analyze the results and comment on the relative solvency
of the company. • Discuss how the financial statements are used
in your current role or a position you would like to hold. How might
these aid you in managerial decision making? Show your work in
Microsoft® Word or Excel®. Complete calculations/computations
using Microsoft® Word or Excel®. Include the four financial
statements along with your assignment. Format your assignment
consistent with APA guidelines. Click the Assignment Files tab to
submit your assignment.
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ACC 561 Week 1 Individual Assignment Financial
Statements (Boeing)
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ratios to evaluate and analyze a company's liquidity, solvency, and
profitability. Assignment Steps Resources: Generally Accepted
Commission (SEC), University Library, Library resources: Company
Directories and Financials Tutorial help on Excel® and Word

products. Select a publicly traded, U.S. corporation with which you
are familiar or one where you currently work or have worked in the
past. Research the company on the Internet and download the Income
Statement, Statement of Shareholders' Equity, Balance Sheet, and
Statement of Cash Flows. Develop a minimum 700-word examination
of the financial statements and include the following: • Determine the
net income for the current fiscal year (FY). Is this income up or down
from the prior year? • Explain the relevance of changes in net income
to investors. • Determine the ending balance in shareholders'
equity. Why would organizations such as labor unions be interested in
this? • Determine the total value of assets. • Discuss the
relevance of the total value of assets to potential creditors and why
this is important. • Compute the return on assets. Discuss the
relative profitability of the company based on your results. •
Compute the working capital and current ratio. Evaluate the
relative liquidity of the company based on your results. •
Compute the debt to assets ratio and the free cash flow for your
company. Analyze the results and comment on the relative solvency
of the company. • Discuss how the financial statements are used
in your current role or a position you would like to hold. How might
these aid you in managerial decision making? Show your work in
Microsoft® Word or Excel®. Complete calculations/computations
using Microsoft® Word or Excel®. Include the four financial
statements along with your assignment. Format your assignment
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ACC 561 Week 2 Assignment Accounting Methods (Bizcon,
2 Papers)

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This Tutorial contains 2 Papers Purpose of Assignment This week's
activity illustrates the role a company's accounting method plays in
financial statement reporting. In this assignment, students evaluate the
events occuring in a business setting and determine how to properly
analyze those events to identify the impact on both cash and accrual
accounting methods. Assignment Steps Resources: Generally
Accepted Accounting Principles (GAAP), U.S. Securities and
Exchange Commission (SEC) Tutorial help on Excel® and Word
products. Scenario: BizCon, a consulting firm, has just completed its
first year of operations. The company's sales growth was explosive.
To encourage clients to hire its services, BizCon offered 180-day
financing - meaning its largest customers do not pay for nearly 6
months. Because BizCon is a new company, its equipment suppliers
insist on being paid cash on delivery. Also, it had to pay up front for 2
years of insurance. At the end of the year, BizCon owed employees
for one full month of salaries, but due to a cash shortfall, it promised
to pay them the first week of next year. As the senior accountant, the
Chief Financial Officer has asked you to prepare a memo to be sent to
management notifying them of the delayed wage payments. Prepare
the memo in a maximum 700 words including the following
information to better outline the situation: • Explain how cash and
accrual accounting differs for each of the events listed in the above
scenario and describe the proper accrual accounting. • Assess how at
the end of the year, BizCon reported a favorable net income, yet the
company's management is concerned because the company is very

short of cash. Explain to management how BizCon could have
positive net income and yet run out of cash.
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ACC 561 Week 2 Individual Assignment Accounting and The
Regulatory Environment Presentation
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In the wake of the accounting and finance scandals of the early 2000s,
the regulatory environment for businesses changed dramatically to
create more accountability and transparency. Agencies like the
Securities and Exchange Commission (SEC) and the Public Company
Accounting Oversight Board (PCAOB) play a greater role in
enforcing and auditing companies for compliance to regulations such
as the Sarbanes-Oxley Act of 2002. Select an accounting regulatory or
standards agency (e.g. PCAOB, IASB, etc.) Select a public company
that you either currently work for, have worked for in the past, or one
with which you are familiar. Create a presentation with an analysis of
the regulatory environment: • Identify one or more regulations that
would apply to your selected company. • Discuss the ways that
compliance with the regulations is beneficial to the company,
industry, and consumers. • Examine how the agency you selected
and your selected company work together. • Explain the role of ethics
in the regulatory environment. • Discuss the ways in which the
regulatory environment would directly affect your role in the
company in either your current role or your desired career with the
organization. Format your assignment consistent with APA
guidelines. Click the Assignment Files tab to submit your assignment.

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ACC 561 Week 2 Individual Assignment Accounting The
Regulatory Environment (2 Papers)
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This Tutorial contains 2 Papers of this Assignment In the wake of the
accounting and finance scandals of the early 2000s, the regulatory
environment for businesses changed dramatically to create more
accountability and transparency. Agencies like the Securities and
Exchange Commission (SEC) and the Public Company Accounting
Oversight Board (PCAOB) play a greater role in enforcing and
auditing companies for compliance to regulations such as the
Sarbanes-Oxley Act of 2002. Select an accounting regulatory or
standards agency (e.g. PCAOB, IASB, etc.) Select a public company
that you either currently work for, have worked for in the past, or one
with which you are familiar. Create a 1,050-word analysis of the
regulatory environment: • Identify one or more regulations that would
apply to your selected company. • Discuss the ways that
compliance with the regulations is beneficial to the company,
industry, and consumers. • Examine how the agency you selected
and your selected company work together. • Explain the role of ethics
in the regulatory environment. • Discuss the ways in which the
regulatory environment would directly affect your role in the
company in either your current role or your desired career with the
organization. Format your assignment consistent with APA
guidelines. Click the Assignment Files tab to submit your assignment.
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ACC 561 Week 2 Small Business Analysis New Syllabus
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Small Business Analysis Instructions: You are interested in
establishing a small business and you must decide which of the four
forms of business organization would best suit your unique product or
service. Consider legal, tax, accounting, and other implications when
selecting from the four business types. Write a paper between 1,000
and 1,500 words discussing your small-business idea. Include the
following: 1. The advantages and dis advantages of the four different
forms of business organization, Which include sole proprietorship,
partnership,C-corporation, and S-corporation s. 2. Identify which
accounting method (i.e. cash versus accrual) you plan to use for your
business. Why did you select this choice? 3. An explanation of the
product or service your small business provides. 4. State three
business transactions you expect to incur to with your company.
Discuss how the transactions impact your income statement, balance
sheet and statement of cash flow. 5. Select an organization type for
your company and explain why you selected this option. Format your
paper consistent with APA guidelines and submit your paper and
plagiarism review file via the assignment files tab.
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Syllabus)
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Purpose of Assignment This week's focus is on the preparation of
financial reports for internal users, such as managers. This case study
applies the concepts of managerial accounting, through comparative
and ratio analysis, and requires students to identify financial data
needed by managers for decision making. About Your Signature
Assignment This signature assignment is designed to align with
specific program student learning outcome(s) in your program.
Program Student Learning Outcomes are broad statements that
describe what students should know and be able to do upon
completion of their degree. The signature assignments may be graded
with an automated rubric that allows the University to collect data that
can be aggregated across a location or college/school and used for
program improvements. Assignment Steps Resources: Generally
Exchange Committee (SEC) Tutorial help on Excel® and Word
products. Scenario: You are a loan officer for White Sands Bank of
Taos. Paul Jason, president of P. Jason Corporation, has just left your
office. He is interested in an 8-year loan to expand the company's
operations. The borrowed funds would be used to purchase new
equipment. As evidence of the company's debt-worthiness, Jason
provided you with the following facts: 2017 2016 Current Ratio
3.1 2.1 Asset Turnover 2.8 2.2 Net Income Up 32%
Down 8% Earnings per Share $3.30 $2.50 Jason is a
very insistent (some would say pushy) man. When you told him you
would need additional information before making your decision, he
acted offended and said, "What more could you possibly want to
know?" You responded you would , at minimum, need complete,
audited financial statements. Develop a minimum 700-word
examination of the financial statements and include the following: •

Explain why you would want the financial statements to be audited. •
Discuss the implications of the ratios provided for the lending
decision you are to make. That is, does the information paint a
favorable picture? Are these ratios relevant to the decision? State why
or why not. • Evaluate trends in the performance of White Sands
Bank. Identify each performance measure as favorable or unfavorable
and explain the significance of each. • List three other ratios you
would want to calculate for White Sands Bank of Taos, and in your
own words explain in detail why you would use each. • As the loan
officer, what else would you do to gain a better understanding of Paul
Jason's, and the Corporation's financial picture and why? • Based
on your analysis of White Sands Bank, will you recommend approval
for the requested loan? Provide specific details to support your
decision. Format the assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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financial metrics
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This paper is available on request only, contact us at
uopashinfo@gmail.com Business Plan Develop a business plan and
financial metrics Instructions: Prepare a business plan between 1,500
and 3,250 words in order to secure a loan for Tootsie Roll Inc. The
loan will increase the company’s total liabilities by 10%. The contents
of the plan should include the following: 1. Complete a financial
analysis in Excel using, in part, the financial and management
information included with the company’s website. This includes

historical and projected financial statement, a three year historical
ratio analysis of the company’s financial statement and a three year
projected ratio analysis of the company’s financial statement. provide
several types of liquidity, solvency. And profitability ratios and
explain the results. In order to support your projections, include a list
of all assumptions and issues that influenced your team’s decisions.
Incorporate industry comparisons and analysis. Include an organized
list or table of all financial ratios in your paper and calculate a
variance analysis for each year. The variance analysis indicates the
net increase or decrease of a particular financial ratio from one year as
compared to the following year. Submit the final spreadsheet with
your team’s paper. Additions details and guidance provide via the
week 3 projects thread. 2. Incorporate the applicable of a business
plan identified via research. For further information review the
business plan requirements posted to the week 3 project thread. 3.
Discuss the underlying business factors and operational constraints
that are driving thr company to seek a loan. 4. Explains how the
company plans to use the proceeds from the loan. How will a new
impact the company ? Format your paper consistent with APA
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ACC 561 Week 3 Team Assignment Financial Statement
Analysis (2 Set)
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This Tutorial contains 2 Papers of this Assignment Learning Team
members will refer back to their Week 1 Individual Assignment and

perform the calculations using the financial statements from their
individual companies. Part I Complete the following: • Perform at
least one profitability ratio to measure the income and operating
success of your selected company. • Perform at least one liquidity
ratio to measure the ability of the company to pay short-term debt and
meet unexpected needs. • Perform at least one solvency ratio to
measure the ability of the company to survive in the long-term. •
Review all of the calculations of the different companies as a
team. Compare the profitability, liquidity, and solvency ratios. •
Complete a spreadsheet that presents the profitability, liquidity,
and solvency ratios comparatively for all of the companies. •
Highlight the company that has the best numbers for each ratio.
Part II Develop a 700-word evaluation of the selected companies in
which the team does the following: • Evaluate the financial
opportunity presented by the companies. If the team was going to lend
money to one of the companies reviewed, which one would it be?
Defend the team's decision. • Evaluate the investment opportunity
presented by the companies. If the team could invest $100,000 in one
of the companies, which would the team select? Provide the rationale.
• Evaluate the employment opportunity presented by the
companies. If the team members could work for any of the
companies, which company would the team select? Defend the team's
decision. Format the assignment consistent with APA guidelines.
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ACC 561 Week 3 Team Assignment Financial Statement
Analysis
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Learning Team members perform the calculations using the financial
statements from their individual companies. Part I Complete the
following: • Perform at least one profitability ratio to measure the
income and operating success of your selected company. • Perform
at least one liquidity ratio to measure the ability of the company to
pay short-term debt and meet unexpected needs. • Perform at least
one solvency ratio to measure the ability of the company to survive in
the long-term. • Review all of the calculations of the different
companies as a team. Compare the profitability, liquidity, and
solvency ratios. • Complete a spreadsheet that presents the
profitability, liquidity, and solvency ratios comparatively for all of the
companies. • Highlight the company that has the best numbers for
each ratio. Part II Develop a presentation with an evaluation of the
selected companies in which the team does the following: •
Evaluate the financial opportunity presented by the companies.
If the team was going to lend money to one of the companies
reviewed, which one would it be? Defend the team's decision. •
Evaluate the investment opportunity presented by the companies. If
the team could invest $100,000 in one of the companies, which would
the team select? Provide the rationale. • Evaluate the
employment opportunity presented by the companies. If the team
members could work for any of the companies, which company
would the team select? Defend the team's decision. Format the
assignment consistent with APA guidelines. Click the Assignment
Files tab to submit your assignment
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ACC 561 Week 3 Team Assignment Tootsie Roll Industries
Inc. Loan Package

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Please read the detailed instructions for this assignment in the
learning activities for this week. You must follow all instructions for
this assignment. Please see the attached grading rubric for this
assignment. Conduct an Internet search information on how to
assemble a loan package by researching loan package requirements at
The U.S. Small Business Administration website
(http://www.sba.gov/) or on other websites, such as the SCORE
website (http://www.score.org/). Research the specific loan package
requirements of creditors, such as American Express, by reviewing
their websites. Prepare a loan package of approximately1,250 words
to secure a loan for Tootsie Roll Industries Inc. that would increase
the company's total liabilities by 10%. Your loan package should
include the following: • A ratio analysis of the financial
statements for Tootsie Roll Industries Inc., including several types of
liquidity, solvency, and profitability ratios and an explanation of each
ratio • A justification of the reason the company needs this loan;
the purpose might be for expansion, inventory purchases, debt
retirement, and so on • An explanation of how the company plans
use the proceeds from the loan and of how loan approval might affect
the company Cite your sources consistent with APA guidelines. Click
the Assignment Files tab to submit your assignment.
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ACC 561 Week 3 Team Financial Statement Analysis and
Decision Making Activity
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Week Three Learning Team Purpose of Assignment The activity
requires students to perform research and analysis on competing
companies and the potential implications of international standards.
This real-world analysis is key to understanding how a company's
profitability, liquidity, and solvency can be useful for all users.
Students also learn to analyze financial statements and use managerial
tools to make decisions from an investor's and creditor's standpoint.
Assignment Steps Resources: U.S. Securities and Exchange
Commission (SEC), websites such as Annual Reports
(AnnualReports.com) Tutorial help on Excel® and Word functions
can be found on the Microsoft® Office website. There are also
additional tutorials via the web offering support for Office products.
Select two competing companies, one of which must be an
international company, and locate annual reports for these two
companies on the Internet. Research the two companies on the
Internet and download the Income Statement, Statement of
Shareholders' Equity, Balance Sheet, and Statement of Cash Flows.
Develop a minimum 525-word examination of the financial
statements and include the following: • Make a 5-year trend analysis
for each company, using 2011 as the base year, of: o Net sales. o
Net income. Discuss the significance of the trend results. •
Compute for 2015 and 2014 the: o Debt to assets ratio. o
Times interest earned. How would you evaluate each company's
solvency? • Compute for 2015 and 2014 the: o Profit margin.
o Asset turnover. o Return on assets. o Return on common
stockholders' equity. How would you evaluate each company's
profitability? • Evaluate the financial opportunity presented by the
companies. If you were a creditor, which company would you be
more likely to lend money to? Defend your decision. • Which
company would you recommend as an investment? Discuss the items
that were considered in your decision. • Research global

implications for the international company selected. How might
changing environmental factors affect organizational choices? •
Consider the ethical climate (internal or external) of your chosen
companies. Describe the ethical issues and impact on the
stakeholders. What has been/is being done to resolve these issues? Do
you agree with these methods for resolution? If not, what might you
do differently? Show your work in Microsoft® Word or Excel®.
Complete calculations/computations using Microsoft® Word or
Excel®. Include the four financial statements along with your
assignment. Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment. Note:
Grades are awarded based upon individual contributions to the
Learning Team assignment. Each Learning Team member receives a
grade based upon his/her contributions to the team assignment. Not all
students may receive the same grade for the team assignment.
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ACC 561 Week 4 Assignment Production Cost (Davis Skaros,
New Syllabus)
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Week Four Purpose of Assignment The materials covered this week
distinguish between the different costing methods and provides
needed tools for decision making. This case study focuses on
determining equivalent units in a production business setting.
Assignment Steps Resources: Generally Accepted Accounting
Principles (GAAP), U.S. Securities and Exchange Committee (SEC)
Tutorial help on Excel® and Word functions can be found on the
Microsoft® Office website. There are also additional tutorials via the

web offering support for Office products. Scenario: Davis Skaros has
recently been promoted to production manager. He has just started to
receive various managerial reports, including the production cost
report you prepared. It showed his department had 2,000 equivalent
units in ending inventory. His department has had a history of not
keeping enough inventory on hand to meet demand. He has come to
you, very angry, and wants to know why you credited him with only
2,000 units when he knows he had at least twice that many on hand.
Prepare a maximum 700-word informal memo and explain to Mr.
Skaros why his production cost report showed only 2,000 equivalent
units in ending inventory. Using a professional tone, explain to him
clearly why your report is accurate. Format the assignment consistent
with APA guidelines. Click the Assignment Files tab to submit your
assignment.
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ACC 561 Week 4 Costing Methods
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uopashinfo@gmail.com Read the case study posted to the week four
projects thread and write a paper between 1,000 and 1,700 words
addressing the following questions: 1. What strategies did the
management of the company use? 2. Why did the company's
management think it was necessary to install an ABC system? Do you
agree with their reasoning? Explain your answer. 3. Is a job order cost
system or a process order cost system a viable option for the
company. Why or why not? Format your paper consistent with APA

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ACC 561 Week 4 Team Assignment Cost Accounting
Systems (2 PPT)
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This Tutorial contains 2 Presentation of this Assignment Consider the
places of employment of the team members or businesses with which
the team is familiar and the industries in which they operate. Create a
12-slide presentation, including detailed speaker notes that act as the
script of the presentation or a voiceover, of an analysis of cost
accounting systems. Include the following in the presentation: •
Describe the purpose and elements of an effective cost
accounting system. • Differentiate the 3 types of cost accounting
systems (job order, process, and hybrid). Include detailed descriptions
of each. • Determine when and why it is appropriate to use each type
of system and include an explanation. •Recommend the best
accounting system for the team members' respective places of
employment or a business where they are interested in pursuing
employment. Provide a rationale for the recommendations. If not
enough information is available for all companies, provide suggested
considerations needed to make the determination. Format the
assignment consistent with APA guidelines. Click the Assignment
Files tab to submit your assignment.
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ACC 561 Week 5 Assignment Case Study CVP, Break-even,
margin of safety (Mary Willis, New Syllabus)
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Week Five Individual Assignment Purpose of Assignment The Case
Study focuses on CVP (Cost-Volume-Profit), break-even, and margin
of safety analyses which allows students to experience working
through a business scenario and applying these tools in managerial
decision making. Assignment Steps Resources: Generally Accepted
Commission (SEC) Tutorial help on Excel® and Word functions can
be found on the Microsoft® Office website. There are also additional
tutorials via the web offering support for Office products. Scenario:
Mary Willis is the advertising manager for Bargain Shoe Store. She is
currently working on a major promotional campaign. Her ideas
include the installation of a new lighting system and increased display
space that will add $24,000 in fixed costs to the $270,000 in fixed
costs currently spent. In addition, Mary is proposing a 5% price
decrease ($40 to $38) will produce a 20% increase in sales volume
(20,000 to 24,000). Variable costs will remain at $24 per pair of
shoes. Management is impressed with Mary's ideas but concerned
about the effects these changes will have on the break-even point and
the margin of safety. Complete the following: • Compute the
current break-even point in units, and compare it to the break-even
point in units if Mary's ideas are used. • Compute the margin of safety
ratio for current operations and after Mary's changes are introduced
(Round to nearest full percent). • Prepare a CVP (Cost-Volume-
Profit) income statement for current operations and after Mary's
changes are introduced. Prepare a maximum 700-word informal

memo to management addressing Mary's suggested changes. •
Explain whether Mary's changes should be adopted. Why or
why not? Analyze the above information (three bullet points above)
and use this information to support your suggestion. Show your work
in Microsoft® Word or Excel®. Complete calculations/computations
using Microsoft® Word or Excel®. Format your assignment
consistent with APA guidelines.
==============================================
ACC 561 Week 5 CVP and Break-Even Analysis
(snapfitness)
www.uopacc561.com
Review the case study posted to the week five projects thread and
write a paper between 1,000 and 2,000 words addressing the
following: Part 1: Respond to the questions incorporated with the case
study. Part 2: Assume your team decides to invest in the business.
Prepare a variable costing income statement using monthly
projections for revenue and expenses. In order to support your
findings, include a list of all assumptions, issues, and factors directly
or indirectly related to your conclusions. Complete sections (1) and
(2) from the case study a second time using your team's projections of
sales volume, variable expenses, and fixed expenses. Format the
paper consistent with APA guidelines. In addition to the paper,
include an Excel spreadsheet that supports all numbers and
calculations. Submit the paper, spreadsheet, and plagiarism review
file via the assignment files tab. Many of you will some day own your
own business. One rapidly growing opportunity is no-frills workout
centers. Such centers attract customers who want to take advantage of

state-of-the-art fitness equipment but do not need the other amenities
of full-service health clubs. One way to own your own fitness
business is to buy a franchise. Snap Fitness is a Minnesota-based
business that offers franchise opportunities. For a very low monthly
fee ($27, without an annual contract) customers can access a Snap
Fitness center 24 hours a day. The Snap Fitness website
(www.snapfitness.com) indicates that start-up costs range from
$60,000 to $184,000. This initial investment covers the following pre-
opening costs: franchise fee, grand opening marketing, leasehold
improvements, utility/rent deposits, and training. Part 1 (Sections 1 -
4): Section 1: Suppose that Snap Fitness estimates that each location
incurs $5,000 per month in general fixed operating expenses and
$1,000 to lease equipment. Mixed costs are equal to $500 per/month
(fixed) plus $1 per membership sale (variable). Total variable costs
were not provided. A recent newspaper article describing no-frills
fitness centers indicated that a Snap Fitness site might require only
320 members to break even. Members pay on a monthly basis. Using
the information provided above, and your knowledge of CVP
analysis, estimate the amount of variable costs. (When performing
your analysis, assume that fixed costs include estimated monthly
operating expenses, equipment lease and the fixed part of mixed
costs.) Section 2: Using the information from part 1, section 1, what
would monthly sales in members and dollars have to be to achieve a
target net income of $15,000 for the month? Section 3: Provide
several examples of variable costs and fixed costs for a fitness center.
Discuss how a fitness center's cost structure, relevant range, margin of
safety, cost behaviors, and CVP apply to the case study. How do you
plan to use this in order to manage the business and plan for
profitability? What type of internal accounting reports would you like
to review in order to help you make informed decisions? Section 4:
Go to a competitor's internet site and find information about
purchasing their franchise. Summarize the pertinent information
required to make an informed investment decision. Which franchise

do you believe is a better business opportunity? Explain your answer.
Part 2: See CVP and Break Even Analysis project instructions for
further details.
==============================================
ACC 561 Week 5 Individual Assignment Costing Methods
Paper (Exercise 19-17) (New)
www.uopacc561.com
Write a paper of no more than 350 words after completing Exercise
19-17 in WileyPLUS in which you respond to the following
questions:
In this case, would it be better to use the variable or absorption
costing method, and why?
What are the benefits of the two methods?
Which method would lead to the best decision when a competitor is
submitting a lower bid for your product?
==============================================
ACC 561 Week 5 Individual WileyPLUS Assignment Paper
Exercise 18-1 (New)
www.uopacc561.com

Resource: WileyPLUS
Access the following Week 5 Assignment in WileyPLUS:
Broadening Your Perspective 18-1
Write a paper of no more than 750 words in which you respond to the
Broadening Your Perspective 18-1 activity titled "Decision Making
Across the Organization" in Ch. 18 of Accounting.
==============================================
ACC 561 Week 5 Team Assignment Costing Methods
Presentation (2 PPT)
www.uopacc561.com
This Tutorial contains 2 Presentation of this Assignment Develop an
8-slide presentation regarding costing methods as related to the
scenario in Exercise 19-7, which all team members completed in
WileyPLUS. Include the following: • Recommend a costing method
in choosing between variable or absorption costing. Explain the
team's decision. • Explain the benefits of each of the two
methods. • Determine which method would lead to the best decision
when a competitor is submitting a lower bid for your product. Explain
your answer. • Explain how applying costing methods can aid in
better managerial decision-making. Format your assignment
==============================================

ACC 561 Week 5 Team Cost Behavior Analysis (2 PPT)
www.uopacc561.com
This Tutorial contains 2 PPT of this Assignment Week Five Learning
Team Assignment Purpose of Assignment The case study focuses on
break-even, margin of safety, and incremental analysis and allows
students to experience working through a business scenario to apply
these tools in managerial decision making. Students are required to
make decisions and provide solutions based on their evaluation of
financial data. Assignment Steps Resources: Generally Accepted
Committee (SEC) Tutorial help on Excel® and Word functions can be
found on the Microsoft® Office website. There are also additional
tutorials via the web offering support for Office products. Scenario:
Shelley Jones has just been elected as president of the Circular Club
of Auburn, Kansas, and she has been asked to suggest a new
fundraising activity for the club. After a considerable amount of
research, Shelley proposed the Circular Club sponsor a professional
rodeo. In her presentation to the club, Shelley recommends the
fundraiser become an annual activity with the following goals: •
Continue to grow each year • Give back to the community •
Provide the club a presence in the community Shelley's goal in
the first year is to have an activity that would become an "annual
community event" and would break even the first year and raise
$5,000 the following year. In addition, based on the experience of
other communities, Shelley believed a rodeo could grow in popularity
so the club would eventually earn an average of $20,000 annually. A
rodeo committee was formed. Shelley contacted the world's oldest
and largest rodeo-sanctioning agency to apply to sponsor a

professional rodeo. The sanctioning agency requires a rodeo to consist
of the following five events: Bareback Riding, Bronco Riding, Steer
Wrestling, Bull Riding, and Calf Roping, Team Roping and Women's
Barrels. Prize money in the amount of $3,000 would be paid to
winners in each of the seven events. Members of the rodeo committee
contracted with RJ Cattle Company, a livestock contractor on the
rodeo circuit, to provide bucking stock, fencing, and chutes. Realizing
costs associated with the rodeo were tremendous and ticket sales
would probably not be sufficient to cover the costs, the rodeo
committee sent letters to local businesses soliciting contributions in
exchange for various sponsorships. Exhibiting Sponsorships are
$1,000 to exhibit products or services, while Major Sponsorships are
$600, and Chute Sponsorships are $500 to have the name of the
sponsor's business on one of the six bucking chutes. For a
contribution of $100, individual sponsors will be included in a Friends
of Rodeo list found in the rodeo programs. A local youth group will
be contacted to provide concessions to the public and divide the
profits with the Circular Club. The Auburn Circular Club Pro Rodeo
Roundup will be held on June 1, 2, and 3. The cost of an adult ticket
is set at $8 in advance or $10 at the gate; the cost of a ticket for a
child 12 or younger is set at $6 in advance or $8 at the gate. Tickets
are not date-specific. Rather, one ticket will admit an individual to
one performance of his or her choice-- Friday, Saturday, or Sunday.
The rodeo committee is able to secure a location through the county
supervisors' board at a nominal cost to the Circular Club. The
arrangement allows for the use of the county fair grounds and arena
for a one-week period. Several months prior to the rodeo, members of
the rodeo committee were notified the bleachers at the arena would
hold 2,500 patrons. On Saturday night, paid attendance was 1,663, but
all seats were filled due to poor gate controls. Attendance was 898
Friday and 769 on Sunday. The following revenue and expense
figures relate to the first year of the rodeo. Receipts Contributions
from sponsors $22,000 Receipts from ticket sales $28,971 Share of

concession profits $1,513 Sale of programs $600 Total receipts
$53,084 Expenses Livestock contractor $26,000 Prize money $21,000
Contestant hospitality $3,341* Sponsor signs for arena $1,900
Insurance $1,800 Ticket printing $1,050 Sanctioning fees $925
Entertainment $859 Judging fees $750 Port-a-potties $716 Rent $600
Hay for horses $538 Programs $500 Western hats to first 500 children
$450 Hotel rooms for stock contractor $325 Utilities $300 Sand for
arena $251 Miscellaneous fixed costs $105 Total expenses $61,410
Net loss $ (8,326) *The club contracted with a local caterer to provide
a tent and food for the contestants. The cost of the food was
contingent on the number of contestants each evening. Information
concerning the number of contestants and the costs incurred are as
follows: Contestants Total Cost Friday 68 $998 Saturday 96 $1,243
Sunday 83 $1,100 $3,341 On Wednesday after the rodeo, members of
the rodeo committee met to discuss and critique the rodeo. Jonathan
Edmunds, CPA and President of the Circular Club, commented that
the club did not lose money. Rather, Jonathan said, "The club made
an investment in the rodeo." The rodeo committee has requested an
analysis of the rodeos performance and evaluation of the CPA's
review. Create a minimum 10-slide presentation, including detailed
speaker notes, as the committee's consultation team and respond to the
following: • What did Jonathan Edmunds mean when he said the
club had made an investment in the rodeo? Is his comment consistent
with Shelley's idea that the club should have a fundraiser that would:
o Continue to get better each year. o Give back to the
community. o Provide the club a presence in the community? Why
or why not? • Shelley, Jonathan, and Adrian Stein, the Fundraising
Chairperson, are beginning to make plans for next year's rodeo.
Shelley believes by negotiating with local feed stores, inn- keepers,
and other business owners, costs can be cut dramatically. Jonathan
agrees. After carefully analyzing costs, Jonathan has estimated the
fixed expenses can be pared to approximately $51,000. In addition,
Jonathan estimates variable costs are 4% of total gross receipts. After

talking with business owners who attended the rodeo, Adrian is
confident the funds solicited from sponsors will increase. Adrian is
comfortable in budgeting revenue from sponsors at $25,600. The local
youth group is unwilling to provide concessions to the audience
unless they receive all of the profits. Not having the personnel to staff
the concession booth, members of the Circular Club reluctantly agree
to let the youth group have 100% of the profits from the concessions.
In addition, members of the rodeo committee, recognizing the net
income from programs was only $100, decide not to sell rodeo
programs next year. o Compute the break-even point in dollars of
ticket sales assuming Adrian and Jonathan are correct in their
assumptions. • Shelley has just learned you are calculating the
break-even point in dollars of ticket sales. She is still convinced the
Club can make a profit using the assumptions above (second bullet
point above). o Calculate the dollars of ticket sales needed to earn a
target profit of $6,000. o Calculate the dollars of ticket sales
needed to earn a target profit of $12,000. • Are the facilities at the
fairgrounds adequate to handle crowds needed to generate ticket
revenues calculated above (third bullet point above) to earn a $6,000
profit? Show calculations to support your answers. • A few
members in the Circular Club do not want to continue with the annual
rodeo. However, Shelley is insistent the Club must continue to
conduct the rodeo as an annual fundraiser. Shelley argues she has
spent hundreds of dollars on western boots, hats, and other items of
clothing to wear to the rodeo. Are the expenses related to Shelley's
purchases of rodeo clothing relevant costs? Why or why not? •
Rather than hire the local catering company to cater the
Contestant Hospitality Tent, members of the Circular Club are
considering asking Shady's Bar-B-Q to cater the event in exchange for
a $600 Major Sponsor spot. In addition, The Fun Shop, a local party
supply business, will be asked to donate a tent to use for the event.
The Fun Shop will also be given a $600 Major Sponsor spot. Several
members of the Club are opposed to this consideration, arguing that

the two Major Sponsor spots will take away from the money to be
earned through other sponsors. Adrian Stein has explained to the
members the Major Sponsor signs for the arena cost only $48 each. In
addition, there is more than enough room to display two additional
sponsor signs. What would you encourage the Club to do concerning
the Contestant Hospitality Tent? Would your answer be different if
the arena were limited in the number of additional signs that could be
displayed? What kind of cost would you consider in this situation that
would not be found on a financial statement? • Assume you are
elected chair of the rodeo committee for next year. What steps would
you suggest the committee take to make the rodeo profitable? Show
your work in Microsoft® Word or Excel®. Complete
calculations/computations using Microsoft® Word or Excel®. Format
the assignment consistent with APA guidelines.
==============================================
ACC 561 Week 6 Assignment Managerial Analysis
Assessment (Green Pasture, New Syllabus, 2 Papers)
www.uopacc561.com
This Tutorial contains 2 Papers of this Assignment Week Six
Individual Assignment Purpose of Assignment This comprehensive
case requires students to evaluate a static budget and prepare flexible
budgets to meet managerial needs. Students are required to calculate
and analyze variances and discuss how variances are critical to
managerial decision making. Assignment Steps Resources: Generally
Exchange Committee (SEC), Green Pastures Static Budget Income
Statement Tutorial help on Excel® and Word functions can be found

on the Microsoft® Office website. There are also additional tutorials
via the web offering support for Office products. Scenario: Green
Pastures is a 400-acre farm on the outskirts of the Kentucky
Bluegrass, specializing in the boarding of broodmares and their foals.
A recent economic downturn in the thoroughbred industry has led to a
decline in breeding activities, and it has made the boarding business
extremely competitive. To meet the competition, Green Pastures
planned in 2017 to entertain clients, advertise more extensively, and
absorb expenses formerly paid by clients such as veterinary and
blacksmith fees. The budget report for 2017 is presented as an
attachment. As shown, the static income statement budget for the year
is based on an expected 21,900 boarding days at $25 per mare. The
variable expenses per mare per day were budgeted: feed $5,
veterinary fees $3, blacksmith fees $0.25, and supplies $0.55. All
other budgeted expenses were either semifixed or fixed. During the
year, management decided not to replace a worker who quit in March,
but it did issue a new advertising brochure and did more entertaining
of clients. Develop a minimum 700-word examination of the financial
statements and include the following: • Based on the static budget
report: o What was the primary cause(s) of the loss in net income? o
Did management do a good, average, or poor job of controlling
expenses? o Were management's decisions to stay competitive
sound? • Prepare a flexible budget report for the year. • Based
on the flexible budget report: o What was the primary cause(s) of
the loss in net income? o Did management do a good, average, or
poor job of controlling expenses? o Were management's decisions
to stay competitive sound? • What course of action do you
recommend for the management of Green Pastures?
==============================================

www.uopacc561.com
uopashinfo@gmail.com Budgets and Decisions making Instructions:
The purpose of this assignment is to evaluate a static budget and
prepare and evaluate a flexible budget. You are required to calculate
and analyze variances and discuss how variances are critical to
managerial decision making. Resources: Excel File. Tutorial help on
Excel® can be found on the Microsoft® Office website. There are
also additional tutorials via the internet. Instructions: 1. Download the
Excel file posted to the week 6 projects thread. 2. Review the static
budget. 3. Prepare a flexible budget. 4. Complete the questions tab via
answering the questions incorporated therein. Submit the completed
Excel file to the assignments tab.

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