ACC 3040 Entire Course New Flashcards
ACC 3040 Week 1 Assignment 3 NEW
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ACC 3040 Week 1 Assignment 3 NEW
Problem 1
The following data (in thousands of dollars) have been taken from the accounting records of ACME Corporation for the completed year.
Problem 2
Morrison and Company uses a predetermined overhead rate. Overhead for the next twelve months is estimated to be $400,000. The company applies overhead as a percentage of direct labor cost, which is estimated to be $500,000 for the next year. During the year, actual direct labor cost amounted to $520,000 and the actual overhead was as outlined below:
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ACC 3040 Week 2 Assignment 2 NEW
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ACC 3040 Week 2 Assignment 2 NEW
Problem 1 - Fremont Company
Problem 2 - Johnson Company
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ACC 3040 Week 4 Assignment 2 NEW
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ACC 3040 Week 4 Assignment 2 NEW
Problem 1
Baxter Company manufactures two products, Product F and Product G4. The company expects to produce and sell 2,600 units of Product F and 6,000 units of Product G during the current year. The company uses ABC method to compute unit product costs. Data relating to the company’s three activity cost pools are given below for the current year:
Problem 2
Jonson and Associates Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, B21P and O11L, about which it has provided the following data:
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