Acct 505 final exam Study guides, Class notes & Summaries
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ACCT 505 FINAL EXAM
- Exam (elaborations) • 8 pages • 2024
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 	 batch-level activity. 	 product-level activity. 	 unit-level activity. 	 organization sustaining activity. 
 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales 	$70,000 Net operating income 	$10,000 Contribution margin 	$20,000 Average operating assets $50,000 
Stockholder's equity 	$25,000 
(Points : 10) 
 28.6% 
 20.0% 
 ...
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ACCT 505 FINAL EXAM.
- Exam (elaborations) • 8 pages • 2024
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
 
batch-level activity. product-level activity. unit-level activity. 
organization sustaining activity. 
 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales	$70,000 
Net operating income	$10,000 
Contribution margin	$20,000 
Average operating assets	$50,000 
Stockholder's equity	$25,000 
(Points : 10) 
 
28.6% 
20.0% 
40.0% 
50.0% 
Page 2 
Question 1.1. (TCO C) Aziz Corp...
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ACCT 505 FINAL EXAM
- Exam (elaborations) • 8 pages • 2024
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
 batch-level activity. 
 product-level activity. 
 unit-level activity. 
 organization sustaining activity. 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales $70,000 
Net operating income $10,000 
Contribution margin $20,000 
Average operating assets $50,000 
Stockholder's equity $25,000 
(Points : 10) 
 28.6% 
 20.0% 
 40.0% 
 50.0% 
Page 2 
Question 1.1. (TCO C) Aziz ...
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ACCT 505 FEDERAL TAX FINAL EXAM
- Exam (elaborations) • 9 pages • 2022
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ACCT 505 FEDERAL TAX FINAL 
EXAM 
Federal Taxes and Decisions 
Final Exam – Professor Abner 
TRUE-FALSE QUESTIONS—CHAPTER 10 
1. Terry Trumbull purchased a tract of land. In order to have city water, he had to pay the water company 
$5,000 to extend the water line to his property. The $5,000 cost is an addition to the basis of the land. 
TRUE 
2. When property that is subject to an existing debt is purchased, the basis of the property is the amount of 
cash paid initially plus the unpaid deb...
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ACCT 505 FINAL EXAM GUIDE (NEW) SET 3
- Exam (elaborations) • 8 pages • 2022
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ACCT 505 FINAL EXAM GUIDE 
(NEW) SET 3
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ACCT 505 FINAL EXAM.
- Exam (elaborations) • 8 pages • 2022
- Available in package deal
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- $9.00
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
 batch-level activity. 
 product-level activity. 
 unit-level activity. 
 organization sustaining activity. 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales $70,000 
Net operating income $10,000 
Contribution margin $20,000 
Average operating assets $50,000 
Stockholder's equity $25,000 
(Points : 10) 
 28.6% 
 20.0% 
 40.0% 
 50.0% 
Page 2 
Question 1.1. (TCO C) Aziz ...
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ACCT 505 WEEK 8: FINAL EXAM GUIDE
- Exam (elaborations) • 11 pages • 2022
- Available in package deal
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ACCT 505 WEEK 8: FINAL EXAM GUIDE 
1. (TCO E) Complying with regulations is a(n) (Points : 5) 
 batch-level activity. 
 product-level activity. 
 unit-level activity. 
 organization sustaining activity. 
2. (TCO G) Given the following data, what would ROI be? 
Sales $90,000 
Net operating income $18,000 
Contribution margin $40,000 
Average operating assets $100,000 
Stockholder's equity $250,000 
(Points : 5) 
 7.2% 
 20.0% 
 18.0% 
 44.4% 
Page 2 
1. (TCO C) Madlem, Inc., produces and sells a...
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ACCT 505 FINAL EXAM.
- Exam (elaborations) • 8 pages • 2024
-
- $10.99
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
 
batch-level activity. product-level activity. unit-level activity. 
organization sustaining activity. 
 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales	$70,000 
Net operating income	$10,000 
Contribution margin	$20,000 
Average operating assets	$50,000 
Stockholder's equity	$25,000 
(Points : 10) 
 
28.6% 
20.0% 
40.0% 
50.0% 
Page 2 
Question 1.1. (TCO C) Aziz Corp...
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ACCT 505 Managerial Accounting Final Exam 2022
- Exam (elaborations) • 9 pages • 2022
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ACCT 505 Managerial Accounting Final Exam 2022 
1.	(TCO F) Sandler Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. Data for the upcoming year appear below. 
 
Estimated machine hours	73,000 
Estimated variable manufacturing overhead		$3.49	per machine hour Estimated total fixed manufacturing overhead	$838,770 
 
Required: 
 
Compute the company's predetermined overhead rate. (Points : 25) 
Answer 
Computer Overhead Rate 
 
Fixed Manuf OH	 ...
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ACCT 505 FINAL EXAM.
- Exam (elaborations) • 8 pages • 2022
-
- $12.99
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ACCT 505 FINAL EXAM. 
Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) 
batch-level activity. 
product-level activity. 
unit-level activity. 
organization sustaining activity. 
Question 2.2. (TCO G) Given the following data, what would ROI be? 
Sales 
Net operating income 
Contribution margin 
Average operating assets 
Stockholder's equity 
$70,000 
$10,000 
$20,000 
$50,000 
$25,000 
(Points : 10) 
28.6% 
20.0% 
40.0% 
50.0% 
Page 2 
Question 1.1. (TCO C) Aziz Cor...