會計管理英語essay指導，怎么寫會計管理專業留學生essay

 

 

ACC00146 – 2012 S1

 

Assignment 1

Due: Monday 26 March 2012 (Week 6)

 

Weighting: 20%

 

Question 1 (5 marks)

 

You have been employed as an entry-level management accountant for a little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of company assets to personal use. Briefly describe the steps you might take to resolve this dilemma and use a real world example (not hypothetical) to support your approach.

 

 

Question 2 (5 marks)

 

Lismore Manufacturing Company had the following account balances for the quarter ending March 31, unless otherwise noted:

 

Work-in-process inventory (January 1) $ 140,400

Work-in-process inventory (March 31) 171,000

Finished goods inventory (January 1) 540,000

Finished goods inventory (March 31) 510,000

Direct materials used 378,000

Indirect materials used 84,000

Direct manufacturing labor 480,000

Indirect manufacturing labor 186,000

Property taxes on manufacturing plant building 28,800

Salespersons' company vehicle costs 12,000

Depreciation of manufacturing equipment 264,000

Depreciation of office equipment 123,600

Miscellaneous plant overhead 135,000

Plant utilities 92,400

General office expenses 305,400

Marketing distribution costs 30,000

 

你已經雇用了一小下一年作為一款入門級的管理會計師。你懷疑你的頂頭上司是參與一個重大的欺詐涉及公司資產轉移到個人使用。簡要介紹了可能采取的步驟，你解決這個難題，并使用現實世界的例子（假設），以支持你的做法。

 

 

問題2（5分）

 

利斯莫爾制造公司有以下賬戶余額截至3月31日的季度，除非另有說明：

 

工作過程中的庫存（一月一日）140400美元

工作過程中的庫存（3月31日）171,000

產成品庫存（1月1日）540,000

產成品庫存（3月31日）510,000

直接材料378,000

間接用料84,000

直接生產勞動480,000

間接生產勞動186,000

房產稅對生產廠房28,800

售貨員公司車輛費用12,000

生產設備的折舊264,000

辦公設備的折舊123,600

其它植物開銷135,000

植物公用事業92,400

一般辦公費用305,400

營銷分銷成本30,000

 

Required:

 

a. Prepare a cost of goods manufactured schedule for the quarter. 

b. Prepare a cost of goods sold schedule for the quarter 

 

c. Indentify inventoriable and period costs 

 

d. Explain why product costs are classified in different ways for different purposes. 

 

Use examples to support your explanation.

 

Question 3 (5 marks)

 

 

The Dougherty Furniture Company manufactures tables. In March, the two production departments had budgeted allocation bases of 4,000 machine-hours in Department 100 and 8,000 direct manufacturing labor-hours in Department 200. The budgeted manufacturing overheads

 

 

for the month were $57,500 and $62,500, respectively. For Job A, the actual costs incurred in the two departments were as follows:

 

Department 100 Department 200

Direct materials purchased on account $110,000 $177,500

Direct materials used 32,500 13,500

Direct manufacturing labor 52,500 53,500

Indirect manufacturing labor 11,000#p#分頁標題#e# 9,000

Indirect materials used 7,500 4,750

Lease on equipment 16,250 3,750

Utilities 1,000 1,250

 

Job A incurred 800 machine-hours in Department 100 and 300 manufacturing labor-hours in Department 200. The company uses a budgeted overhead rate for applying overhead to production.

 

Required:

 

a. Determine the budgeted manufacturing overhead rate for each department. 

 

b. Prepare the necessary journal entries to summarize the March transactions for 

 

Department 100.

c. What is the total cost of Job A 

 

d. What are the major cost objects that managers focus on in organizations. 

 

 

 

Question 4 (5 marks)

 

The Alex Miller Corporation operates one central plant that has two divisions, the Flashlight Division and the Night Light Division. The following data apply to the coming budget year:

 

Budgeted costs of the operating the plant

for 10,000 to 20,000 hours:

Fixed operating costs per year $240,000

Variable operating costs $10 per hour

Practical capacity 20,000 hours per year

Budgeted long-run usage per year:

Lamp Division 800 hours × 12 months = 9,600 hours per year

Flashlight Division#p#分頁標題#e# 450 hours × 12 months = 5,400 hours per year

 

Assume that practical capacity is used to calculate the allocation rates. Further assume that actual usage of the Lamp Division was 700 hours and the Flashlight Division was 400 hours for the month of June.

 

Required:

 

a. If a single-rate cost-allocation method is used, what amount of operating costs will be budgeted for the Lamp Division each month? For the Flashlight Division each month? 

 

b. For the month of June, if a single-rate cost-allocation method is used, what amount of 

 

 

 

cost will be allocated to the Lamp Division? To the Flashlight Division? Assume actual usage is used to allocate operating costs.

 

c. If a dual-rate cost-allocation method is used, what amount of operating costs will be budgeted for the Lamp Division each month? For the Flashlight Division each month? 

 

d. For the month of June, if a dual-rate cost-allocation method is used, what amount 

 

of cost will be allocated to the Lamp Division? To the Flashlight Division? Assume budgeted usage is used to allocate fixed operating costs and actual usage is used to allocate variable operating costs.

 

e. Explain which method is the most practical? 

 

 

Assignment 2

 

Due: Monday 30 April 2012 (Week 11)

 

Weighting: 20%

 

Question 1 (5 marks)

 

Russell Company has the following projected account balances for June 30, 20X5:

 

Accounts payable $40,000 Sales $800,000

Accounts receivable 100,000 Capital stock 400,000

Depreciation, factory 24,000 #p#分頁標題#e#Retained earnings ?

Inventories (5/31 & 6/30) 180,000 Cash 56,000

Direct materials used 200,000 Equipment, net 240,000

Office salaries 80,000 Buildings, net 400,000

Insurance, factory 4,000 Utilities, factory 16,000

Plant wages 140,000 Selling expenses 60,000

Bonds payable 160,000 Maintenance, factory 28,000

 

Required:

 

a. Prepare a budgeted income statement for June 20X5. 

b. Prepare a budgeted balance sheet as of June 30, 20X5 

 

c. How do we use computer-based budgeting in sensitivity analysis? 

 

d. Explain how the choice of the type of responsibility center affects behaviour. You 

 

should support your discussion by using real world examples.

 

 

 

Qutestion 2 (5 marks)

 

a. Oregon Lumber processes timber into four products. During January, the joint costs of processing were $280,000. There was no inventory at the beginning of the month. Production and sales value information for the month is as follows: (2 marks)

 

 

 

 

Sales Value at

Product Board feet Splitoff Point#p#分頁標題#e# Ending Inventory

2 x 4's 6,000,000 $0.30 per board foot 500,000 bdft.

2 x 6's 3,000,000 0.40 per board foot 250,000 bdft.

4 x 4's 2,000,000 0.45 per board foot 100,000 bdft.

Slabs 1,000,000 0.10 per board foot 50,000 bdft.

 

Required:

 

Determine the value of ending inventory if the sales value at splitoff method is used for product costing. Round to 3 decimal places when necessary.

 

 

b. Silver Company uses one raw material, silver ore, for all of its products. It spends considerable time getting the silver from the ore before it starts the actual processing of the finished products, rings, lockets, etc. Traditionally, the company made one product at a time and charged the product with all costs of production, from ore to final inspection. However, in recent months, the cost accounting reports have been somewhat disturbing to management. It seems that some of the finished products are costing more than they should, even to the point of approaching their retail value. It has been noted by the accounting manager that this problem began when the company started buying ore from different parts of the world, some of which require difficult extraction methods. (3 marks)

 

Required:

 

Can you explain how the company might change its accounting system to reflect the reporting problems better? Are there other problems with the purchasing area?

 

 

Question 3 (5 marks)

 

a. Silver Spoon Incorporated is a manufacturer of kitchen utensils. It produces all of its products in one department. The information for the current month is as follows:

 

Beginning work in process 37,500 units

Units started 55,000 units

Units completed 75,000 units

Ending work in process#p#分頁標題#e# 14,500 units

Spoilage 3,000 units

Beginning work-in-process direct materials $25,000

Beginning work-in-process conversion $ 10,000

Direct materials added during month $113,750

Direct manufacturing labor during month $40,020

 

Beginning work in process was 25% complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 37.5% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is

 

 

detected at the end of the process.

 

Required:

 

Prepare a production cost worksheet if spoilage is recognized and the weighted-average method is used.

 

 

b. Busy Hands Craft Company is a small manufacturing company that specializes in arts and crafts items. It recently bought an old textile mill that it has refurbished to manufacture and dye special cloth to be sold in its craft shops. However, it discovered something new for its accounting system. The company never before had finished goods that did not meet standard, leftover materials from processing runs, or unacceptable outputs.

 

Required:

 

As the business consultant for the company, explain how it can handle the items mentioned. Include any potential problems with the accounting procedures

 

 

Question 4 (5 marks)

 

When cost-based transfer pricing is used between subunits of a large organization, describe how to avoid making suboptimal decisions. Your discussion should be supported by research and real world examples.