Accounting Question

User Generated

abyv_16

Business Finance

managerial accounting

Saudi electronic university

Description

  • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
  • Assignments submitted through email will not be accepted.
  • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
  • Students must mention question number clearly in their answer.
  • Late submission will NOT be accepted.
  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted.

Unformatted Attachment Preview

College of Administration and Finance Sciences Assignment (2) Deadline: Saturday 23/11/2024 @ 23:59 Course Name: Manegerial Accounting Student’s Name: Course Code: ACCT322 Student’s ID Number: Semester: 1st CRN: Academic Year: 1446 H For Instructor’s Use only Instructor’s Name: Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism. • Submissions without this cover page will NOT be accepted. College of Administration and Finance Sciences Assignment Question(s): (Marks 15) Q1. ABC Company has equipment and it considers whether to sell it directly at a price of SR 50,000 or to make some modifications costing SR 5,000 to sell it at a price of SR 60,000. Required: using the differential analysis which alternative do you recommend about the equipment. (2 marks) Answer: Q2. The following data pertain to the Whalen Division of Northern Industries. The margin at Whalen was exactly the same in Year 2 as it was in Year 1. Required: Find out the unknown information in the table given. 8 Marks Hint: The following are the related formulas for your use. Answer: College of Administration and Finance Sciences Q3. The Phelps Company applies overhead costs to products on the basis of standard direct laborhours. The standard cost card shows that 5 direct labor-hours are required per unit of product. Phelps Company had the following budgeted and actual data for March: The budgeted direct labor-hours is used as the denominator activity for the month. Calculate the variable overhead efficiency variance for March. (2 marks) Answer Q4. The capital budgeting techniques that best recognize the time value of money are those that involve discounted cash flows. Explain both discounted and non- discounted methods with numerical examples. (3 marks) Answer:
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Explanation & Answer

Attached.

College of Administration and Finance Sciences

Assignment (2)
Deadline: Saturday 23/11/2024 @ 23:59
Course Name: Manegerial Accounting

Student’s Name:

Course Code: ACCT322

Student’s ID Number:

Semester: 1st

CRN:
Academic Year: 1446 H

For Instructor’s Use only
Instructor’s Name:
Students’ Grade:

/15

Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via
allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the
cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.

1

College of Administration and Finance Sciences

Assignment Question(s):

(Marks 15)

Q1. ABC Company has equipment and it considers whether to sell it directly at a price of SR
50,000 or to make some modifications costing SR 5,000 to sell it at a price of SR 60,000.
Required: using the differential analysis which alternative do you recommend about the
equipment. (2 marks)
Details

Alternative 1

Alternative 2

Differential

Revenue

SR 50,000

SR 60,000

SR 10,000

Cost

0

5,000

-SR 5,000

Net operating income

50,000

55,000

SAR 5,000

ABC should sell the product after modification to benefit from the SR 5,000 incremental benefit
(Brewer et al., 2022).

Q2. The following data pertain to the Whalen Division of Northern Industries.

The margin at Whalen was exactly the same in Year 2 as it was in Year 1.
Required: Find out the unk...

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