ACCT 505
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ACCT 505 WEEK 6 QUIZ-2
- Exam (elaborations) • 8 pages • 2024
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ACCT 505 WEEK 6 QUIZ-2 
Grade Details - All Questions 
1. Question : (TCO D) A company that has a profit can 
increase its return on investment by 
Student Answer: 
increasing sales revenue and operating 
expenses by the same dollar amount. 
increasing average operating assets and 
operating expenses by the same dollar amount. 
increasing sales revenue and operating 
expenses by the same percentage. 
decreasing average operating assets and 
sales by the same percentage. 
Instructor 
E...
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ACCT 505 WEEK 6 QUIZ-2
- Exam (elaborations) • 8 pages • 2022
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ACCT 505 WEEK 6 QUIZ-2 
Grade Details - All Questions 
1. Question : 
Student Answer: 
(TCO D) A company that has a profit can 
increase its return on investment by 
increasing sales revenue and operating 
expenses by the same dollar amount. 
increasing average operating assets and 
operating expenses by the same dollar amount. 
increasing sales revenue and operating 
expenses by the same percentage. 
Instructor 
Explanation: 
Points 
Received: 
decreasing average operating assets and 
sales by ...
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ACCT 505 FINAL EXAM.
- Exam (elaborations) • 8 pages • 2022
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
batch-level activity. 
product-level activity. 
unit-level activity. 
organization sustaining activity. 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales 
Net operating income 
Contribution margin 
Average operating assets 
Stockholder's equity 
$70,000 
$10,000 
$20,000 
$50,000 
$25,000 
(Points : 10) 
28.6% 
20.0% 
40.0% 
50.0% 
Page 2 
Question 1.1. (TCO C) Aziz Cor...
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ACCT 505 WEEK 6 QUIZ-2
- Exam (elaborations) • 5 pages • 2022
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ACCT 505 WEEK 2 QUIZ 1 
1. TCO F) Computing unit product costs involves averaging in: 
Job-Order Costing Process Costing 
A Yes No 
B Yes Yes 
C No Yes 
D No No 
(Points : 5) 
 Choice A. 
 Choice B. 
 Choice C. 
 Choice D. 
2. (TCO F) Luft Company uses the weighted-average method in its process costing system. Operating 
data for the first processing department for the month of June appear below: 
Units Percent Complete with respect 
to Conversion 
Beginning work in process inventory 11,000 9...
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ACCT 505 WEEK 4 MIDTERM EXAM ANSWERS
- Exam (elaborations) • 8 pages • 2022
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ACCT 505 WEEK 4 MIDTERM EXAM 
ANSWERS 
1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a 
: 
Prime Cost YES.....Conversion Cost NO. 
Prime Cost YES.....Conversion Cost YES. 
Prime Cost NO....Conversion Cost NO. 
Prime Cost NO.....Conversion Cost YES. 
: Chapter 2 
2. Question : (TCO A) A cost incurred in the past that is not relevant to any current 
decision is classified as a(n) 
: 
period cost. 
incremental cost. 
opportunity cost. 
None of the above 
: Chapte...
Too much month left at the end of the money?
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ACCT 505 WEEK 6 QUIZ-2
- Exam (elaborations) • 8 pages • 2022
- Available in package deal
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ACCT 505 WEEK 6 QUIZ-2 
Grade Details - All Questions 
1. Question : (TCO D) A company that has a profit can 
increase its return on investment by 
Student Answer: 
increasing sales revenue and operating 
expenses by the same dollar amount. 
increasing average operating assets and 
operating expenses by the same dollar amount. 
increasing sales revenue and operating 
expenses by the same percentage. 
decreasing average operating assets and 
sales by the same percentage. 
Instructor 
E...
-
ACCT 505 FINAL EXAM GUIDE (NEW) SET 3
- Exam (elaborations) • 8 pages • 2022
- Available in package deal
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- $12.00
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ACCT 505 FINAL EXAM GUIDE 
(NEW) SET 3 
(TCO E) Preparing purchase orders 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 $70,000 
Net operating income $10,000 
Contribution margin $20,000 
Average operating assets $50,000 
Stockholder's equity $25,000 
(Points : 5) 
 28.6% 
 20.0% 
 40.0% 
 50.0% 
3. (TCO C) Heckaman Corporation produces an...
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ACCT 505 FINAL EXAM.
- Exam (elaborations) • 8 pages • 2022
- Available in package deal
-
- $9.00
- + learn more
ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
 batch-level activity. 
 product-level activity. 
 unit-level activity. 
 organization sustaining activity. 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales $70,000 
Net operating income $10,000 
Contribution margin $20,000 
Average operating assets $50,000 
Stockholder's equity $25,000 
(Points : 10) 
 28.6% 
 20.0% 
 40.0% 
 50.0% 
Page 2 
Question 1.1. (TCO C) Aziz ...
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ACCT 505 WEEK 2 QUIZ 1
- Exam (elaborations) • 5 pages • 2022
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ACCT 505 WEEK 2 QUIZ 1 
1. TCO F) Computing unit product costs involves averaging in: 
Job-Order Costing Process Costing 
A Yes No 
B Yes Yes 
C No Yes 
D No No 
(Points : 5) 
Choice A. 
Choice B. 
Choice C. 
Choice D. 
2. (TCO F) Luft Company uses the weighted-average method in its process costing system. Operating 
data for the first processing department for the month of June appear below: 
Units Percent Complete with respect 
to Conversion 
Beginning work in process inventory 11,000 90% 
Sta...
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