Acc 561 final exam 1 Guides d'étude, Notes de cours & Résumés
Vous recherchez les meilleurs guides d'étude, notes d'étude et résumés sur Acc 561 final exam 1 ? Sur cette page, vous trouverez 79 documents pour vous aider à réviser pour Acc 561 final exam 1.
Page 2 sur 79 résultats
Trier par
-
ACC 561 FINAL EXAM 4
- Examen • 7 pages • 2023
-
- $9.99
- + en savoir plus
ACC 561 FINAL EXAM 4 
 
1.	Question 1 
The entry to record the acquisition of raw materials on account is: 
Correct 
(B) Raw Materials Inventory&... 
2.	Question 2 
Which of the following statements concerning users of accounting information is incorrect? 
Correct 
(D) Regulatory authorities ... 
3.	Question 3 
The Mac Company has four plants nationwide that cost $350 million. The current fair value of the plants is $300 million. The plants will be reported as assets at: 
Correct 
(A) $350 milli...
-
ACC 561 FINAL EXAM 4
- Examen • 10 pages • 2021
-
- $7.00
- + en savoir plus
ACC 561 FINAL EXAM 4 
 
The investigation of materials price variance usually begins in the: 
•	 
first production department. 
•	 
purchasing department. 
•	 
controller's office. 
•	 
accounts payable department. 
 
Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had planned to make only 3,300 units. Total yards used for production were ...
-
ACC 561 FINAL EXAM 4(Questions And Answers)
- Examen • 10 pages • 2023
-
- $20.99
- + en savoir plus
ACC 561 FINAL EXAM 4(Questions And Answers)The investigation of materials price variance usually begins in the: 
•	 
first production department. 
•	 
purchasing department. 
•	 
controller's office. 
•	 
accounts payable department. 
 
Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had planned to make only 3,300 units. Total yards used f...
-
ACC 561 FINAL EXAM 3
- Examen • 3 pages • 2023
-
- $9.99
- + en savoir plus
ACC 561 FINAL EXAM 3 
 
1.	At September 1, 2017, Baxter Inc. reported Retained Earnings of $423,000. During the month, Baxter generated revenues of $60,000, incurred expenses of $36,000, purchased equipment for $15,000 and paid dividends of $6,000. What is the balance in Retained Earnings at September 30, 2017 
$441,000 credit 
2.	The investigation of materials price variance usually begins in the 
Purchasing department 
3.	Scorpion Production Company planned to use 1 yard of plastic per unit b...
-
ACC 561 FINAL EXAM 5
- Examen • 4 pages • 2021
-
- $6.00
- + en savoir plus
ACC 561 FINAL EXAM 5 
 
1.	Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 
a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2 
1.2 x 100% = 120% 
The answer is 120% 
 
2.	Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $660,000. The compan...
-
ACC 561 FINAL EXAM 2
- Examen • 4 pages • 2023
-
- $9.99
- + en savoir plus
ACC 561 FINAL EXAM 2 
 
1.	Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 
a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2 
1.2 x 100% = 120% 
The answer is 120% 
 
2.	Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $660,000. The compan...
-
ACC 561 FINAL EXAM 5(Questions And Answers)
- Examen • 4 pages • 2023
-
- $20.99
- + en savoir plus
ACC 561 FINAL EXAM 5(Questions And Answers)1.	Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 
a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2 
1.2 x 100% = 120% 
The answer is 120% 
 
2.	Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $...
-
ACC 561 FINAL EXAM 3
- Examen • 3 pages • 2023
-
- $7.99
- + en savoir plus
ACC 561 FINAL EXAM 3 
 
1.	At September 1, 2017, Baxter Inc. reported Retained Earnings of $423,000. During the month, Baxter generated revenues of $60,000, incurred expenses of $36,000, purchased equipment for $15,000 and paid dividends of $6,000. What is the balance in Retained Earnings at September 30, 2017 
$441,000 credit 
2.	The investigation of materials price variance usually begins in the 
Purchasing department 
3.	Scorpion Production Company planned to use 1 yard of plastic per unit b...
-
ACC 561 FINAL EXAM 4 Questions and Answers Verified and Rated A+
- Examen • 7 pages • 2023
- Disponible en pack
-
- $12.49
- + en savoir plus
ACC 561 FINAL EXAM 4 
 
1.	Question 1 
The entry to record the acquisition of raw materials on account is: 
Correct 
(B) Raw Materials Inventory&... 
2.	Question 2 
Which of the following statements concerning users of accounting information is incorrect? 
Correct 
(D) Regulatory authorities ... 
3.	Question 3 
The Mac Company has four plants nationwide that cost $350 million. The current fair value of the plants is $300 million. The plants will be reported as assets at: 
Correct 
(A) $350 milli...
-
ACC 561 FINAL EXAM 1
- Examen • 4 pages • 2022
-
Disponible en pack
-
- $6.00
- + en savoir plus
ACC 561 FINAL EXAM 11.	Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 
a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2 
1.2 x 100% = 120% 
The answer is 120% 
 
2.	Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $660,000. The company pr...