Strayer ACC 560 Homework

(Prerequisite: ACC 557)
COURSE DESCRIPTION
Covers the creation, use, and the interpretation of internal accounting data and information. Emphasizes the managerial functions of cost control and reporting, budgeting, profit planning, and projections used in decision making.
INSTRUCTIONAL MATERIALS
Required Resources
Weygandt, J. J., Kimmel, P.D., & Kieso, D. E. (2015). Managerial accounting: Tools for business decision making (7th ed.). Hoboken, NJ: John Wiley and Sons.
Supplemental Resources
Lamoreaux, M. G. (2011). Planning for Uncertainty. Journal of Accountancy, 212(4) 32-36.
Lamoreaux, M. G. (2012). A New System for Recognizing Revenue. Journal of Accountancy, 213(1)
30-35.
Richards, G. E. and Spencer, S. L (2012). Three Common Currency-Adjustment Pitfalls. Journal of Accountancy, 213(2) 30-35.

COURSE LEARNING OUTCOMES
1. Determine the difference between managerial and financial accounting, and their interrelationship.
2. Analyze the concepts of job-order costing, process costing, and activity-based costing.
3. Conduct cost-volume profit analysis, incremental analysis, and analyze pricing issues.
4. Develop operational and financial budgets for profit planning.
5. Establish standard cost, analyze and report variances from standards, and prepare a balanced scorecard.
6. Plan and evaluate capital investments.
7. Prepare and analyze the statement of cash flows and financial statement analysis.
8. Use technology and information resources to research issues in managerial accounting.
9. Write clearly and concisely about managerial accounting using proper writing mechanics.
WEEKLY COURSE SCHEDULE
The standard requirement for a 4.5 credit hour course is for students to spend 13.5 hours in weekly work. This includes preparation, activities, and evaluation regardless of delivery mode.
Week Preparation, Activities, and Evaluation Points
1 Preparation
• Reading(s)
o Chapter 1: Managerial Accounting
Activities
• Discussion
Evaluation
• Week 1 Homework
Note: All homework problems are contained within Blackboard via attachment in the weeks in which they are due. To complete the homework, download the attachment, answer the questions on a separate Microsoft Word or Excel document, and submit the assignment using the assignment link in Blackboard.
o Chapter 1: Exercises 5, 9, and 10; Problem 2

50
2 Preparation
• Reading(s)
o Chapter 2: Job Order Costing
o Chapter 3: Process Costing
Activities
• Discussion
Evaluation
• Week 2 Homework
o Chapter 2: Exercises 5, 7, and 13; Problem 4
o Chapter 3: Exercises 3, 7, and 8; Problem 2
• Quiz 1: Chapter 1

100

20
3 Preparation
• Reading(s)
o Chapter 4: Activity-Based Costing
Activities
• Discussion
Evaluation
• Week 3 Homework
o Chapter 4: Brief Exercises 7 and 12; Exercises 1, 6, and 14
• Assignment 1: Activity-Based Costing (ABC) in Service Industries

300
4 Preparation
• Reading(s)
o Chapter 5: Cost-Volume-Profit
o Chapter 6: Cost-Volume-Profit Analysis: Additional Issues
Activities
• Discussion
Evaluation
• Week 4 Homework
o Chapter 5: Exercises 6, 9, and 13; Problem 2
o Chapter 6: Exercises 2, 7, and 12; Problem 4
• Quiz 2: Chapter 4

100

20
5 Preparation
• Reading(s)
o Chapter 7: Incremental Analysis
o Chapter 8: Pricing
Activities
• Discussion
Evaluation
• Week 5 Homework
o Chapter 7: Exercises 3, 7, and 11; Problem 3
o Chapter 8: Exercises 2, 6, and 9; Problem 5
• Quiz 3: Chapters 5 and 6

100

20
6 Preparation
• Reading(s)
o Chapter 9: Budgetary Planning
o Chapter 10: Budgetary Control and Responsibility Accounting
Activities
• Discussion
Evaluation
• Week 6 Homework
o Chapter 9: Exercises 3, 8, and 15; Problem 5
o Chapter 10: Exercise 3, 5, and 17; Problem 5
• Quiz 4: Chapters 7 and 8

100

20
7 Preparation
• Reading(s)
o Chapter 11:Standard Costs and Balanced Scorecard
Activities
• Discussion
Evaluation
• Week 7 Homework
o Chapter 11: Exercises 3, 6, and 12; Problem 2
• Quiz 5: Chapters 9 and 10

20
8 Preparation
• Reading(s)
o Chapter 12: Planning for Capital Investments
Activities
• Discussion
Evaluation
• Week 8 Homework
o Chapter 12: Exercises 3, 5, and 8; Problem 4
• Quiz 6: Chapter 11

20
9 Preparation
• Reading(s)
o Chapter 13: Statement of Cash Flows
Activities
• Discussion
Evaluation
• Week 9 Homework
o Chapter 13: Exercises 4, 6, and 7; Problem 1
• Assignment 2: Johnson Controls Capital Investments

350
10 Preparation
• Reading(s)
o Chapter 14: Financial Statement Analysis
Activities
• Discussion
Evaluation
• Week 10 Homework
o Chapter 14: Exercises 4, 7, and 11; Problem 5
• Quiz 7: Chapter 13

20
11 Preparation
• Reading(s): None
Activities
• Discussions
Evaluation
• Quiz 8: Chapter 14

GRADING SCALE – GRADUATE
Assignment Total Points % of
Grade
Quizzes (open book with a 1-hour time limit per chapter)
8 quizzes, 10 questions per quiz, worth 2 points apiece 160 10%
Homework
42 exercises worth 10 points apiece, 2 brief exercises worth 5 points apiece, and 13 problems worth 20 points apiece 690 40%
Assignment 1: Activity-Based Costing (ABC) in Service Industries 300 17%
Assignment 2: Capital Investments in Emerging Markets 350 20%
Participation (11 discussions worth 20 points apiece) 220 13%
Totals 1,720 100%

Points Percentage Grade
1,548 – 1,720 90% – 100% A
1,376 – 1,547 80% – 89% B
1,204 – 1,375 70% – 79% C
Below 1,204 Below 70% F

Assignment 1: Activity-Based Costing (ABC) in Service Industries
Due Week 3 and worth 300 points

Research a U.S. company in the service industry with e-commerce activities.

Write a five to six (5-6) page paper in which you:
1. Describe the company you researched in one to two (1-2) paragraphs.
2. Discuss how a time-driven Activity-Based Costing (ABC) system can be implemented in the company you researched and the benefits that the use will yield to the business performance.
3. Assess how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance.
4. Examine the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services.
5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:
• Analyze the concepts of job-order costing, process costing, and activity-based costing.
• Use technology and information resources to research issues in managerial accounting.
• Write clearly and concisely about managerial accounting using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.
Points: 300 Assignment 1: Activity-Based Costing (ABC) in Service Industries
Criteria Unacceptable
Below 70% F Fair
70-79% C Proficient
80-89% B Exemplary
90-100% A
1. Describe the company you researched in one to two (1-2) paragraphs.
Weight: 10% Did not submit or incompletely described the company you researched in one to two (1-2) paragraphs. Partially described the company you researched in one to two (1-2) paragraphs. Satisfactorily described the company you researched in one to two (1-2) paragraphs. Thoroughly described the company you researched in one to two (1-2) paragraphs.
2. Discuss how a time-driven ABC cost system can be implemented in the company you researched and the benefits that the use will yield to the business performance.
Weight: 25% Did not submit or incompletely discussed how a time-driven ABC cost system can be implemented in the company you researched; did not submit or incompletely discussed the benefits that the use will yield to the business performance. Partially discussed how a time-driven ABC cost system can be implemented in the company you researched; partially discussed the benefits that the use will yield to the business performance. Satisfactorily discussed how a time-driven ABC cost system can be implemented in the company you researched; satisfactorily discussed the benefits that the use will yield to the business performance. Thoroughly discussed how a time-driven ABC cost system can be implemented in the company you researched; thoroughly discussed the benefits that the use will yield to the business performance.
3. Assess how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance.
Weight: 25% Did not submit or incompletely assessed how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance. Partially assessed how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance. Satisfactorily assessed how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance. Thoroughly assessed how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance.
4. Examine the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services.
Weight: 25% Did not submit or incompletely examined the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services. Partially examined the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services. Satisfactorily examined the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services. Thoroughly examined the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services.
5. 3 references
Weight: 5% No references provided Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
6. Clarity, writing mechanics, and formatting requirements
Weight: 10% More than 6 errors present 5-6 errors present 3-4 errors present 0-2 errors present

Assignment 2: Capital Investments in Emerging Markets
Due Week 9 and worth 350 points

Use the Internet and/or Strayer Learning Resource Center to research a global manufacturing company of your choice. Review the current plans that your selected company has identified for capital investments in emerging markets.
Hint: You can find useful information on a company’s capital investment plans from their website and press releases.
.
Write a five to six (5-6) page paper in which you:
1. Suggest a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce risk. Provide a rationale for your suggested methodology.
2. Assess one (1) way in which inflation could potentially impact planned capital investments in emerging markets and examine one (1) approach to perform an accurate evaluation of the investments. Suggest how this knowledge may impact management’s decisions.
3. Contrast the modifications you would make in evaluating the projects to increase internal capacity in North America with the modifications you would make in evaluating expansion projects in the global market. Suggest one (1) way that this information will impact the decisions made related to expansion.
4. Examine two (2) benefits of using sensitivity analysis in evaluating the projects for your selected company. Suggest how this approach can provide a competitive advantage for the company.
5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

The specific course learning outcomes associated with this assignment are:
• Plan and evaluate capital investments.
• Use technology and information resources to research issues in managerial accounting.
• Write clearly and concisely about managerial accounting using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.
Points: 350 Assignment 2: Capital Investments in Emerging Markets
Criteria Unacceptable
Below 70% F Fair
70-79% C Proficient
80-89% B Exemplary
90-100% A
1. Suggest a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce risk. Provide a rationale for your suggested methodology.
Weight: 20% Did not submit or incompletely suggested a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce risk. Did not submit or incompletely provided a rationale for your suggested methodology. Partially suggested a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce risk. Partially provided a rationale for your suggested methodology. Satisfactorily suggested a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce risk. Satisfactorily provided a rationale for your suggested methodology. Thoroughly suggested a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce risk. Thoroughly provided a rationale for your suggested methodology.
2. Assess one (1) way in which inflation could potentially impact planned capital investments in emerging markets and examine one (1) approach to perform an accurate evaluation of the investments. Suggest how this knowledge may impact management’s decisions.
Weight: 20% Did not submit or incompletely assessed one (1) way in which inflation could potentially impact planned capital investments in emerging markets and did not submit or incompletely examined one (1) approach to perform an accurate evaluation of the investments; did not submit or incompletely suggested how this knowledge may impact management’s decisions. Partially assessed one (1) way in which inflation could potentially impact planned capital investments in emerging markets and partially examined one (1) approach to perform an accurate evaluation of the investments; partially suggested how this knowledge may impact management’s decisions. Satisfactorily assessed one (1) way in which inflation could potentially impact planned capital investments in emerging markets and satisfactorily examined one (1) approach to perform an accurate evaluation of the investments; satisfactorily suggested how this knowledge may impact management’s decisions. Thoroughly assessed one (1) way in which inflation could potentially impact planned capital investments in emerging markets and thoroughly examined one (1) approach to perform an accurate evaluation of the investments; thoroughly suggested how this knowledge may impact management’s decisions.
3. Contrast the modifications you would make in evaluating the projects to increase internal capacity in North America with the modifications you would make in evaluating expansion projects in the global market. Suggest one (1) way that this information will impact the decisions made related to expansion.
Weight: 25% Did not submit or incompletely contrasted the modifications you would make in evaluating the projects to increase internal capacity in North America with the modifications you would make in evaluating expansion projects in the global market. Did not submit or incompletely suggested one (1) way that this information will impact the decisions made related to expansion. Partially contrasted modifications you would make in evaluating the projects to increase internal capacity in North America with the modifications you would make in evaluating expansion projects in the global market. Partially suggested one (1) way that this information will impact the decisions made related to expansion. Satisfactorily contrasted modifications you would make in evaluating the projects to increase internal capacity in North America with the modifications you would make in evaluating expansion projects in the global market. Satisfactorily suggested one (1) way that this information will impact the decisions made related to expansion. Thoroughly contrasted modifications you would make in evaluating the projects to increase internal capacity in North America with the modifications you would make in evaluating expansion projects in the global market. Thoroughly suggested one (1) way that this information will impact the decisions made related to expansion.
4. Examine two (2) benefits of using sensitivity analysis in evaluating the projects for your selected company. Suggest how this approach can provide a competitive advantage for the company.
Weight: 20% Did not submit or incompletely examined two (2) benefits of using sensitivity analysis in evaluating the projects for your selected company. Did not submit or incompletely suggested how this approach can provide a competitive advantage for the company. Partially examined two (2) benefits of using sensitivity analysis in evaluating the projects for your selected company. Partially suggested how this approach can provide a competitive advantage for the company. Satisfactorily examined two (2) benefits of using sensitivity analysis in evaluating the projects for your selected company. Satisfactorily suggested how this approach can provide a competitive advantage for the company. Thoroughly examined two (2) benefits of using sensitivity analysis in evaluating the projects for your selected company. Thoroughly suggested how this approach can provide a competitive advantage for the company.
5. 3 references
Weight: 5% No references provided Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
6. Clarity, writing mechanics, and formatting requirements
Weight: 10% More than 6 errors present 5-6 errors present 3-4 errors present 0-2 errors present

Homework Grading by Week

Chapter and Homework Questions Points Chapter and Homework Questions Points
Week 1 Chapter 1
Exercises
• 5
• 9
• 10
Problems
• 2
Total

10
10
10

20
50 Week 5 Chapter 8
Exercises
• 2
• 6
• 9
Problems
• 5
Total

10
10
10

20
50
Week 2 Chapter 2
Exercises
• 5
• 7
• 13
Problems
• 4
Total

10
10
10

20
50 Week 6 Chapter 9
Exercises
• 3
• 8
• 15
Problems
• 5
Total

10
10
10

20
50
Week 2 Chapter 3
Exercises
• 3
• 7
• 8
Problems
• 2
Total

10
10
10

20
50 Week 6 Chapter 10
Exercises
• 3
• 5
• 17
Problems
• 5
Total

10
10
10

20
50
Week 3 Chapter 4
Brief Exercises
• 7
• 12
Exercises
• 1
• 6
• 14
Total

5
5

10
10
10
40 Week 7 Chapter 11
Exercises
• 3
• 6
• 12
Problems
• 2
Total

10
10
10

20
50
Week 4 Chapter 5
Exercises
• 6
• 9
• 13
Problems
• 2
Total

10
10
10

20
50 Week 8 Chapter 12
Exercises
• 3
• 5
• 8
Problems
• 4
Total

10
10
10

20
50
Week 4 Chapter 6
Exercises
• 2
• 7
• 12
Problems
• 4
Total

10
10
10

20
50 Week 9 Chapter 13
Exercises
• 4
• 6
• 7
Problems
• 1
Total

10
10
10

20
50
Week 5 Chapter 7
Exercises
• 3
• 7
• 11
Problems
• 3
Total

10
10
10

20
50 Week 10 Chapter 14
Exercises
• 4
• 7
• 11
Problems
• 5
Total

10
10
10

20
50

Note: All homework problems are contained within Blackboard via attachment in the weeks in which they are due. To complete the homework, download the attachment, answer the questions on a separate Microsoft Word or Excel document, and submit the assignment using the assignment link in Blackboard.

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