ACC 544 help A Guide to career/uophelp.com ACC 544 help A Guide to career/uophelp.com | Page 11

• Question 25 Crisper, Inc. plans to sell 80,000 bags of potato chips in June, and each of these bags requires five
potatoes. Pertinent data includes:
• Question 26 At annual sales of $900,000, the Ebo product has the following unit sales price and costs:
• Question 27 Which of the following is a disadvantage of participative budgeting?
• Question 28 For the current period production levels, Woodwork Co. budgeted 11,000 board feet of production and
purchased 15,000 board feet. The material cost was budgeted at $7 per foot. The actual cost for the period was
$8.50 per foot. What was Woodwork’s material price variance for the period?
• Question 29 In the past, four direct labor hours were required to produce each unit of product Y. Material costs
were $200 per unit, the direct labor rate was $20 per hour, and factory overhead was 3 times direct labor cost. In
budgeting for next year, management is planning to outsource some manufacturing activities and to further automate
others. Management estimates that these plans will reduce labor hours by 25%, increase the factory overhead rate to
3.6 times direct labor costs, and increase material costs by $30 per unit. Management plans to manufacture 10,000
units. What amount should management budget for cost of goods manufactured?
• Question 30 A company produces widgets with budgeted standard direct materials of 2 pounds per widget at $5 per
pound. Standard direct labor was budgeted at 0.5 hour per widget at $15 per hour. The actual usage in the current
year was 25,000 pounds and 3,000 hours to produce 10,000 widgets. What was the direct labor usage variance?
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ACC 544 Week 1 Coso Framework (2 Papers)
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This Tutorial contains 2 Papers
Imagine you are the Director of Internal Audit and the Chairman of the
Audit Committee and asks you to prepare a report for the Board of
Directors explaining the 2012 COSO framework for internal control and
the benefits for adopting the framework.


Write a report of approximately 700 to 1,050 words explaining the
five interrelated components of internal control.
Describe the benefits for adopting this framework.