Acct 245 final - Study guides, Class notes & Summaries

ACCT 245 Final Exam | Complete Solutions (Answered) Last document update:   ago

ACCT 245 Final Exam | Complete Solutions (Answered) When analyzing two alternatives which is NOT true? A) Isolating relevant cost gives a different answer than using all costs B) Isolating relevant costs is classed the differential cost approach C) Mining irrelevant costs may cause confusion and distract attention from the information that is critical When a company does not have enough capacity to produce all of the products and sales volume demanded by their customers, this leads to ______. ...

ACCT 3332 Final Exam 2022 with complete solution Last document update:   ago

ACCT 3332 Final Exam 2022 with complete solution P. Chang & Co. exchanged land and $9,000 cash for equipment. The book value and the fair value of the land were $106,000 and $90,000, respectively. Chang would record equipment at and record a gain/(loss) of: Equipment Gain (loss) $99,000 $(16,000) $90,000 $(25,000) $108,000 $16,000 $106,000 $(9,000) -Answer- $99,000 $(16,000) Kross Co. exchanged land and $18,000 cash for equipment. The book value and the fair value of the land were $...

ACCT 505 WEEK 8: FINAL EXAM GUIDE Last document update:   ago

ACCT 505 WEEK 8: FINAL EXAM GUIDE ACCT 505 WEEK 8: FINAL EXAM GUIDE 1. (TCO E) Complying with regulations is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. 2. (TCO G) Given the following data, what would ROI be? Sales $90,000 Net operating income $18,000 Contribution margin $40,000 Average operating assets $100,000 Stockholder's equity $250,000 (Points : 5) 7.2% 20.0% 18.0% 44.4% Page 2 1. (TCO C)...