ACCT 505 Managerial Accounting Week 6 Discussions and Quiz Devry

ACCT 505 Managerial Accounting 

Week 6

Week 6 DQ 1: Segment Reporting and Relevant Costs for Decisions

Segment Reporting and Relevant Costs (Graded)

To begin, please read Case 12-32 on page 576. Which costs are relevant in the decision to shut down the Ashton facility? Then, let’s answer the questions at the end of the case. Also, value-added comments, points, and experiences are welcome and encouraged.

Week 6 DQ 2: Segment Reporting and Relevant Costs for Decisions

Research and Application (Graded)

To begin, please read Case 11-22 on page 505 of the e-book and let's discuss the first question! Value-added comments, points, and experiences are also welcomed and encouraged.

ACCT 505 Week 6 Quiz (MCQs & Explanatory)

1. (TCO D) Return on investment (ROI) is equal to the margin multiplied by
2. (TCO D) For which of the following decisions are opportunity costs relevant? 
   
3. (TCO D) Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover, rounded to the nearest tenth?
4. (TCO D) Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear below:
5. (TCO D) Wryski Corporation had net operating income of $150,000 and average operating assets of $500,000. The company requires a return on investment of 19%.
6. (TCO D) Tjelmeland Corporation is considering dropping product S85U. Data from the company's accounting system appear below.
7. (TCO D) Fouch Company makes 30,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows.
8.  (TCO D) Biello Co. manufactures and sells medals for winners of athletic and other events. Its manufacturing plant has the capacity to produce 15,000 medals each month; current monthly production is 14,250 medals. The company normally charges $115 per medal. Cost data for the current level of production are shown below.