ACC 349 Week 4 Connect  Problems (with Excel Sheet)
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ACC 349 Week 4 Connect Problems (with Excel Sheet)

This Tutorial was purchased 3 times & rated A+ by student like you.

 

This Tutorial contains following Attachments

  • ACC 349 Ns Week 4 Lab Problems.pdf
  • ACC 349 NA Week 4 Individual Connect Problems (Guide).xlsx
  • ACC 349 NA Week 4 Individual Connect Problems Set 2.pdf

This Tutorial contains Excel Sheet which can be used for any values Q-1 Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company’s planning budget for May appears below: During May, the company’s activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity. Q-2 Flight Café is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company’s planning budget for July appears below: In July, 22,000 meals were actually served. The company’s flexible budget for this level of activity appears below: 1. Compute the company’s activity variances for July. Q-3 QuilceneOysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,300 pounds of oysters in August. The company’s flexible budget for August appears below: Compute the company’s revenue and spending variances for August. Q-4 Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job? Q-5 A planning budget is prepared before the period begins and is valid for whatever the actual level of activity turns out to be. True False Q-5 (Set 2) In business, a budget is a method for putting a limit on spending. True False Q-6 Fixed costs should be included in a flexible budget even though they do not change when the level of activity changes. True False Q-6 (Set 2) A flexible budget can be used to estimate what revenues and costs should have been, given the actual level of activity for the period. True False Q-7 A balanced scorecard consists of an integrated set of performance measures that are derived from and support a company’s strategy. True False Q-7 (Set 2) A balanced scorecard should not contain any performance measures concerning customer satisfaction since the extent to which customers are satisfied is beyond the control of any manager in the company. True False

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