ACC 206 Principles of Accounting II Week 1 to 5

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ACC 206 Principles of Accounting II Week 1 to 5 – Winter 2016

ACC 206 Week 1 Assignment, Chapter 1 Exercises

  • Critical Thinking Question
  • Classification of Activities
  • Overview of direct and indirect methods
  • Equipment transaction and cash flow Reporting
  • Cash Flow Information: Direct and Indirect methods

Discussion Question 1, Cash Flows Information

Discussion Question 2, Apple’s Cash Flow

ACC 206 Week 2 Assignment Chapter 2 and 3 Exercises

  • Analysis of Stockholders Equity
  • Bond Computations: Straight-line Amortization
  • Definitions of manufacturing Concepts
  • Schedule of cost of goods manufactured, Income Statement
  • Manufacturing Statements and cost Behavior

Discussion Question 1, Stock Features

Discussion Question 2, Role of Management Accounting

ACC 206 Week 3 Assignment, Chapter 4 and 5 Exercise

  • Overhead Application, Working backward
  • Computations using a job order system
  • High-low Method
  • Break-even and other CVP Relationships
  • Direct and Absorption Costing

Discussion Question 1, Issues in Costing

Discussion Question 2, CVP and the Airline Industry

Journal, Hershey Company

ACC 206 Week 4 Assignment, Chapter 6 and 7 Exercise

  • Comprehensive Budgeting
  • Basic flexible Budgeting
  • Straightforward variance Analysis

Discussion Question 1, Issues in Standard Costs and Budgeting

Discussion Question 2, Flexible Budgets

ACC 206 Week 5 Assignment, Chapter 8 Exercise

  • Basic Present Value Calculation
  • Cash flow calculations and net present value
  • Straight forward net present value and internal rate of return
  • Straight forward net-present-value and payback computations
  • Equipment replacement decision

Discussion Question 1, Long-term Decision Making

Discussion Question 2, Responsibilities in Management Accounting

Final Paper, Doll House Cost Analysis