22 Jan You are planning for a very

Question
ACCT406 Managerial-Cost Accounting.

Week 1 Forum

The Circle Clock Company sells a particular clock for $25. The variable costs are $13 per clock and the breakeven point is 250 clocks. The company expects to sell 300 clocks this year. If the company actually sells 400 clocks, what effect would the sale of additional 100 clocks have on operating income? Explain your answer.

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.

Week 2 Forum

Sarah Edwards, division manager for Pillows Plus, is speaking to the controller, Diana Rothman, about the budgeting process. Sarah states, “I’m not an accountant, so can you explain the three main parts of the master budget to me and tell me their purpose?” Answer Sarah’s question.

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.

Week 3 Forum

Setting standards for a product may involve many employees of the company. Identify some of the employees who may be involved in setting the standard costs, and describe what their role might be in setting those standards.

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.

Week 4 Forum

Top managers of Marshall Industries predicted 2018 sales of 14,800 units of its prod­uct at a unit price of $9.50. Actual sales for the year were 14,600 units at $12.00 each. Variable costs were budgeted at $2.00 per unit, and actual variable costs were $2.10 per unit. Actual fixed costs of $48,000 exceeded budgeted fixed costs by $4,000. Prepare Marshall’s flexible budget performance report. What variance contributed most to the year’s favorable results? What caused this variance?

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.

Week 5 Forum

Management by exception is a term often used in performance evaluation. Describe management by exception and how it is used in the evaluation of cost, revenue, and profit centers.

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.

Week 6 Forum

Dan Jacobs, production manager for GreenLife, invested in computer-controlled pro- duction machinery last year. He purchased the machinery from Superior Design at a cost of $3,000,000. A representative from Superior Design has recently contacted Dan because the company has designed an even more efficient piece of machinery. The new design would double the production output of the year-old machinery but would cost GreenLife another $4,500,000. Jacobs is afraid to bring this new equipment to the company president’s attention because he convinced the president to invest $3,000,000 in the machinery last year. Explain what is relevant and irrelevant to Jacobs’s dilemma. What should he do?

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.
Week 7 Forum

Hicks Company is considering an investment opportunity with the following expected net cash inflows: Year 1, $235,000; Year 2, $195,000; Year 3, $125,000. The company uses a discount rate of 6%, and the initial investment is $365,000. Calculate the NPV of the investment. Should the company invest in the project? Why or why not?

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.

ACCT406 Managerial-Cost Accounting.
Week 8 Forum

Please answer the below:

You are planning for a very early retirement. You would like to retire at age 40 and have enough money saved to be able to withdraw $215,000 per year for the next 40 years (based on family history, you think you will live to age 80). You plan to save by making 10 equal annual installments (from age 30 to age 40) into a fairly risky investment fund that you expect will earn 10% per year. You will leave the money in this fund until it is completely depleted when you are 80 years old.

Requirements

1. How much money must you accumulate by retirement to make your plan work? (Hint: Find the present value of the $215,000 withdrawals.)

2. How does this amount compare to the total amount you will withdraw from the investment during retirement? How can these numbers be so different?

Your initial post must be in your own words, be a minimum of 350 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 150 words.