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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

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
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

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)
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)
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)
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)
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 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 5 CVP and Break-Even Analysis
ACC 561 Week 6 Budgets and Decisions making
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ACC 561 Final Exam Guide (New, 2019, Score 100%)
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?

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ACC 561 Week 1 Financial Statement Differentiation Paper
(New Syllabus)
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)
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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(Boeing)

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(Walt Disney)

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ACC 561 Week 2 Assignment Accounting Methods (Bizcon, 2
Papers)

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
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:
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

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)

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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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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ACC 561 Week 3 Assignment Ratio Analysis (P Jason, New
Syllabus)
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 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: 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.
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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ACC 561 Week 3 Business Plan Develop a business plan and
financial metrics
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 guidelines and

submit your paper and plagiarism review file via the assignment files
tab.
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ACC 561 Week 3 Team Assignment Financial Statement
Analysis (2 Set)
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. Click the Assignment Files
tab to submit your assignment.
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ACC 561 Week 3 Team Assignment Financial Statement
Analysis
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
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
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
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)
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
tab to submit your assignment.
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This paper is available on request only, contact us at
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 guidelines and

submit your paper and plagiarism review file via the assignment files
tab.
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ACC 561 Week 4 Team Assignment Cost Accounting Systems
(2 PPT)
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.
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ACC 561 Week 4 WileyPLUS Assignment Paper Exercise 17-2
(New)

Accessthe following Week 4 reading, linked to this assignment:
• Broadening Your Perspective 17-2
Complete the Broadening Your Perspective 17-2 activity titled
"Managerial Perspective" in Ch. 17 of Accounting. You need to answer
all four parts and show the details for your answers for parts a, b, and c.
Part D is a written response and should be approximately 100 to 150
words long.
Writea paper of no more than 750 words in which you respond to the
Broadening Your Perspective 17-2 activity titled "Managerial
Perspective" in Ch. 17 ofAccounting.
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ACC 561 Week 5 Assignment Case Study CVP, Break-even,
margin of safety (Mary Willis, New Syllabus)
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 Accounting
Principles (GAAP), U.S. Securities and Exchange 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.
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ACC 561 Week 5 CVP and Break-Even Analysis (snapfitness)
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) (2 Papers)
This Tutorial contains 2 different Papers
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?
==============================================

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