ACCT505DeVryWeek 3 DQ 1 Cost-Volume-Profit Analysis and Variable Costing - Discussion Variable Costing and CVP Concepts (Graded) Welcome to our Week 3 Discussions! To get us started, let's discuss how CVP analysis is used in managerial accounting decision-making. ACCT505DeVryWeek 3 DQ 2 Cost-Volume-Profit Analysis and Variable Costing - Discussion Research and Application (Graded) Below is the link that will take you directly to the 2004 financial statements of the Benetton Group, followed by the discussion questions. http://www.benettongroup.com/sites/all/temp/doc/2004_annual_report_en.pdf Let's answer these questions in the order that they appear. 1. How do the formats of the income statements shown on pages 33 and 50 of Benetton’s annual report differ from one another (disregard everything beneath the line titled “income from operations”)? Which expenses shown on page 50 appear to have been reclassified as variable selling costs on page 33? 2. Why do you think cost of sales is included in the computation of contribution margin on page 33? 3. Perform two separate computations of Benetton’s break-even point in euros. For the first computation, use data from 2003. For the second computation, use data from 2004. Why do the numbers that you computed differ from one another? 4. What sales volume would have been necessary in 2004 for Benetton to attain a target income from operations of €300 million? 5. Compute Benetton’s margin of safety using data from 2003 and 2004. Why do your answers for the two years differ from one another? ACCT505DeVryWeek 4 DQ 1 ABC and Budgeting - Discussion Budgeting Case Study (Graded) Let's start the week by reviewing the following case. First, let's discuss how the budgeting process as employed by Springfield contributes to the failure to achieve the president's sales and profit targets. Click here to view the file ACCT505DeVryWeek 4 DQ 2 ABC and Budgeting - Discussion Exam Review (Graded) To begin, download the practice Midterm Exam from Doc Sharing to access questions and topics for review. For multiple-choice questions, please explain why the answer chosen is correct, and why the other choices would not be correct. Please support your response. Let's begin with the questions on Page 1. ACCT505DeVryWeek 5 DQ 1
Measuring Performance - Discussion Standards, Variances, Flexible Budgets (Graded) To begin, please read Case 10B-5 on page 471, Ethics and the Manager. How were the standard costs developed? Are the standards set too high or too low? Please elaborate. ACCT505DeVryWeek 5 DQ 2 Measuring Performance - Discussion Research and Application (Graded) Let's look at Case 9-26, Ethics and the Manager, in Chapter 9, page 414, and address and discuss the question there. ACCT505DeVryWeek 6 DQ 1 Segment Reporting and Relevant Costs for Decisions - Discussion 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. ACCT505DeVryWeek 6 DQ 2 Segment Reporting and Relevant Costs for Decisions - Discussion 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. ACCT505DeVryWeek 7 DQ 1 Capital Budgeting - Discussion Capital Budgeting (Graded) Welcome to Week 7 Discussions! Let's begin by discussing the difference between capital budgeting screening decisions and capital budgeting preference decisions. Then, we will entertain additional questions relating to important capital budgeting terms, concepts, tools, methods, etc. Value-added, comments, points, observations, and experiences are welcomed and encouraged. ACCT505DeVryWeek 7 DQ 2 Capital Budgeting - Discussion Exam Review (Graded) To begin, download the Practice Final Exam from Doc Sharing to access questions and topics for review. For multiplechoice questions, please explain why the answer chosen is correct and why the other choices would not be correct. Please support your response. Let's begin with the questions on page 1.