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30 Cards in this Set

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ACC 349 Complete Class Cost Accounting Version 3

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ACC 349 Week 1 DQ 1


There are some key differences between financial and managerial accounting. How do these differences impact the type of information that must be gathered and reported?

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ACC 349 Week 1 DQ 2


What are the differences between job-cost and process cost systems? Give some examples of when it would be appropriate to use each type of system.

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ACC 349 Week 1 DQ 3


There are differences between a direct cost and an indirect cost. Which is more difficult to track? Why?


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ACC 349​ Week 1 Individual Assignments - Ch. 1


Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making:


· Exercise E1-7


· Ethics Case BYP 1-7

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ACC 349 Week 1 Summary

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ACC 349​ Week 2 DQ 1


In chapter 4, we are learning in detail about Activity Based Costing. In using the concepts of ABC, how does this apply to your own company or a company you are familiar with?

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ACC 349 Week 2 DQ 2


As we learn in more detail about cost drivers and cost pools, give some examples of each and let's discuss.

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ACC 349 Week 2 DQ 3


We are differentiating between value-added and non-value-added activities. Are there any non-value-added processes at your company? Is it possible to eliminate these processes?

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ACC 349 Week 2 Individual Assignments – Ch. 2 & 3


Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making:


· Ch. 2 – Exercises E-2-6 and E2-9


· Ch. 3 – Exercises E3-5 and E3-9


· Ch. 3 – Questions 2 and 3

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ACC 349 Week 2 Learning Team Problems - Ch. 2 & 3


Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making:


· Ch. 2 – Problem P2-4A


· Ch. 3 – Problem P3-3A


. Managerial Analysis BYP 2-2

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ACC 349 Week 2 Summary

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ACC 349 Week 3 DQ 1


For what is the cost-volume-profit (CVP) analysis used? Discuss some of the key assumptions that make CVP analysis useful for decision makers?

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ACC 349 Week 3 DQ 2


Explain the incremental analysis approach and give some examples of when this would be used?

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ACC 349 Week 3 DQ 3


Name some of the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting?

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ACC 349 Week 3 Individual Article Analysis Summary


Use the Internet or other credible resources to find an article relevant to activity-based costing (ABC), job costing, or process costing.


Write a 125-word summary of the article.


Summarize the major topics of the article, and explain what you learned as a result of your reading.


Format your summary consistent with APA guidelines.

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ACC 349 Week 3 Individual Assignments - Ch. 4


Prepare written responses to the following assignments from Ch. 4 of Managerial Accounting: Tools for Business Decision Making:


· Exercises E4-10 and E4-11


· Questions 13 and 14

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ACC 349 Week 3 Learning Team Problems – Ch. 4


Prepare written responses to the following problems from Ch. 4 of Managerial Accounting: Tools for Business Decision Making:


· Problems P4-3A and P4-4A

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ACC 349 Week 3 Summary

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ACC 349 Week 4 DQ 1


Let's discuss some of the advantages and disadvantages of standard costs. How do you or your manager determine what the standard costs should be?

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ACC 349 Week 4 DQ 2


When do you think variances should be investigated? Who do you think should be responsible for correcting a negative variance and why?

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ACC 349 Week 4 Individual Assignments - Ch. 5 & 6



Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making:


· Ch. 5 – Exercises E5-1 and E5-9


· Ch. 6 – Exercises E6-7 and E6-10

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ACC 349 Week 4 Learning Team Assignment


Prepare written responses to the following problems from Ch. 6 and 7 of Managerial Accounting: Tools for Business Decision Making:


· Problem P7-1A


. Managerial Analysis BYP 6-2

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ACC 349 Week 4 Summary

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ACC 349 Week 5 DQ 1


One of the pricing approaches is Cost-Plus pricing. Let's discuss the benefits as well as the limitations using this pricing method. When is this method typically used and give an example.

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ACC 349 Week 5 DQ 2


Class, pick a budget that would be included in the master budget (page 356 in our text is an excellent reference). Change the subject line to the individual budget that you have selected. Please discuss the benefits of that section of the budget as well as how management would realistically arrive at these numbers. Is the budget you selected an operating budget or a financial budget? Why?

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ACC 349 Week 5 Individual Assignments – Ch. 8, 9, & 11


Prepare written responses to the following assignments from Managerial Accounting: Tools for Business Decision Making:


· Ch. 8 – Exercises E8-11


· Ch. 9 – Brief Exercises BE9-6 and BE9-8


· Ch. 11 – Questions 2 and 11


· Ch. 11 – Exercise E11-6

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ACC 349 Week 5 DQ 3


What is the difference between external and internal pricing? What factors must be considered when setting internal transfer pricing between divisions of a company? What are the different methods of setting internal transfer pricing? Which is the most effective? Why?

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ACC 349 Week 5 Learning Team Problems - Ch. 8 & 11


Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making:


· Ch. 8 – Problem P8-2A


· Ch. 11 – Problem P11-4A

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ACC 349 Week 5 Summary


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