ACC 350 Module Five VITA Tests Answer Sheet 12
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ACC 350 Module Five VITA Tests Answer Sheet
Record your answer to each question by overwriting the bracketed text in the right-hand column.
Advanced Course Test
Advanced Scenario 1
Question Number
Your Response
1.
D
2.
A
3.
A
Advanced Scenario 2
Question Number
Your Response
4.
C
5.
B
Advanced Scenario 3
Question Number
Your Response
6.
D
7.
C
8.
C
Advanced Scenario 4
Question Number
Your Response
9.
B
10.
A
Advanced Scenario 5
Question Number
Your Response
11.
B
12.
C
Advanced Scenario 6
Question Number
Your Response
13.
A
14.
D
Advanced Scenario 7
Question Number
Your Response
15.
A
16.
A
17.
C
18.
733
19.
B
20.
D
21.
A
22.
D
Advanced Scenario 8
Question Number
Your Response
23.
C
24.
A
25.
A
26.
C
27.
A
28.
C
29.
D
Advanced Scenario 9
Question Number
Your Response
30.
C
31.
B
32.
B
33.
1000
34.
A
35.
A
Total Questions Correct: 24
Total Questions: 35
Passing Score: 28 of 35
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#1 ר
Question 3 of 5
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Current Attempt in Progress
Blossom Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2022.
1.
Purchased a 1-year insurance policy on June 1 for $ 2,196 cash.
2.
Paid $7,930 on August 31 for 5 months' rent in advance.
On September 4, received $ 4,392 cash in advance froma corporation to sponsor a game each month for a total of 9 months
3.
for the most improved students at a local school.
Signed a contract for cleaning services starting December 1 for $ 1,220 per month. Paid for the first 2 months on November
4.
30. (Hint: Use the account Prepaid Cleaning to record prepayments.)
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Assignment Problem
Anand Kalaimani Al Harthi SAOG located in Muscat Sultanate of Oman involved in manufacturing of
Drugs and Pharmaceutical Industry from 1981 to till now. The SAOG Company has provided the
following information for the months of September, October, November and December 2023.
Month
Sales
Material
Wages
Postage
Electrical
Other
September
Expense
Expense
10,000
6,000
350
1,200
1,000
5,000
October
12,500
7,500
550
2,400
2,000
6,000
November
13,600
8,200
850
3,600
3,000
5,500
December
19,400
9,000
950
4,800
4,000
3,200
Additional information:
a) Cash Balance on 1/10/2023 is RO X000000
b) Sales 25 per cent is for Cash in the same month. 50 per…
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Presented here are the components in Carla Vista Co's income statement.
Determine the missing amounts.
Sales Revenue
Cost of Goods Sold
Gross Profit
Oper
Year
$76.020
2$
(b)
$ 32,200
%24
Year
$112,800
$70,200
2$
(c)
24
%24
2
Year
(a)
$74,460
$115,930
3
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Question 7 of 13 - Module One
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Module One Problem Set
Question 7 of 13
-/4
==
Your first internship assignment is to prepare two schedules for Windsor Blue Co., a manufacturing company. You have a file that
contains a copy of last year's work for both schedules; you plan to follow the same format as last year, hoping the staff accountant had
it right. You also have access to the full set of financials for Windsor Blue, and you can dig further into any of the accounts via the
accounting system, too.
Here's the information you have pulled, with the same items as last year.
DM Inventory
WIP Inventory
FG Inventory
DM purchases
DL costs
Production supervisor salary
Utility costs in production space
Depreciation on manufacturing facility and equipment
Beginning of Year
End of year
$9,200
$10,000
21,000
13,000
6,300
8,000
153,000
232,000
56,000
14,000
42,000
វា
វា
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ork DUE Saturday, February 13th @ 11:59 pm (EST)
Question 1 of 13
-/1 E
Current Attempt in Progress
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below.
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56,000
142,700
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42,000
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149,750
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25,200
Total cost of work in process
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(f)
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Question 3
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What are the values of r and r2 for the below table of data?
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Click STAT, CALC, and choose option 8: LinReg(a+bx).
A
r=-0.862
r²=0.743
B
r=0.673
2=0.820
C r=0.743
2=-0.862
X
5
22
8
23.9
9
14
14
17
77
20
20
52
5.2
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Question 3
Listen
What are the values of r and r² for the below table of data?
Hint: Make sure your diagnostics are turned on. Enter the data into L1 and L2.
Click STAT, CALC, and choose option 8: Lin Reg(a+bx).
A
r = -0.862
r2=0.743
B
r=0.673
2=0.820
X
y
5
C
r=0.743
r2=-0.862
8
22
23.9
14
9
14
17
20
5.2
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E Chapter 5 Homework - FINANCIA X
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The comparative balance sheets of Constantine Cavamanlis Inc. at the beginning and the end of the year 2020 are as follows.
CONSTANTINE CAVAMANLIS INC.
BALANCE SHEETS
Dec. 31, 2020
Jan. 1, 2020
Inc./Dec.
Assets
Cash
$ 45,000
$ 13,000
$32,000
Inc.
Accounts receivable
91,000
88,000
3,000
Inc.
Equipment
39,000
22,000
17,000
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11,000
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$158,000
$112,000
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$ 15,000
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100,000
80,000
20,000
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17,000
21,000
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