The Morris Company uses a Job-costing system at one of its plants.  The plant has a machining department and a finishing department.  The company uses a normal costing system with two direct-cost categories and two manufacturing overhead cost pools; the …

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What-If Analysis with Two Variables GIVEN: Tom’s Landscaping Company has noted sales revenues for 2016 to be $1.5 million. Management expects a growth rate in Sales to be 3.5% for 2017 but also expects 75% of Sales Revenues to be …

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Problem 2:  Job Costing Problem Interesting Figures Company produces porcelain figurines. The production is semi-automated where the figurines are molded almost entirely by machines only, and then the figurines are hand painted.  The company uses a normal costing system and …

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Problem for Bonds on Excel GIVEN: National Company issued 20-year bonds, dated January 1, 2017, with a face amount of $600,000 on January 1, 2017.  The contract rate for these bonds is 8%.  The bonds mature on December 31, 2036.  …

National Company issued 20-year bonds, dated January 1, 2017, with a face amount of $600,000 on January 1, 2017 Read more »

Spreadsheet Security. Review MS Excel/spreadsheet protection controls. General Controls. Identify two general controls that may be used to protect spreadsheets. Explain how the identified controls ensure spreadsheet security. Hint: Search for “spreadsheet control best practices” or “spreadsheet security”.   Transparent …

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Spreadsheet Applications. What is a spreadsheet application? What traditional accounting tool was a spreadsheet application developed to emulate? What is the most distinguishing feature of a spreadsheet application? A spreadsheet is a computer application for organizations to analyze and store …

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Risk and Control Analysis Risk and Control Analysis. This assignment requires student teams to analyze IS system risks and controls for a specified business. Required Submission: Each team will be required to submit a professional write-up AND deliver a professional presentation during class. Accounting Software …

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