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ACC 349 Week 1 Connect Assignment//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-349-week-1-connect-assignment<br><br>ACC 349 Week 1 Connect Assignment<br> <br><br>Access Connect.<br><br>Complete the Week 1 Problems<br><br>1.<br><br> <br><br>Which of the following are forms of detective internal control?<br><br>Relating data sets to one another to identify and resolve discrepancies.<br><br>Comparing actual performance to various benchmarks to identify unexpected results.<br><br>Maintaining written and/or electronic evidence to support transactions.<br><br>Putting passwords on a computer to restrict access.<br><br> <br>2.<br><br><br>The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed:<br> <br> <br> Costs incurred:<br> <br> <br> Direct labor cost<br>$<br>81,000<br> Purchases of raw materials<br>$<br>138,000<br> Manufacturing overhead<br>$<br>210,000<br> Advertising expense<br>$<br>45,000<br> Sales salaries<br>$<br>101,000<br> Depreciation, office equipment<br>$<br>224,000<br> <br> <br>Beginning <br><br>of the Year<br>End of <br><br>the Year<br> Inventories:<br><br> <br> <br> Raw materials<br>$<br>8,800<br> <br>$<br>10,500<br> <br> Work in process<br>$<br>5,700<br> <br>$<br>20,700<br> <br> Finished goods<br>$<br>71,000<br> <br>$<br>25,900<br> <br>Required:<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-349-week-1-connect-assignment<br>
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ACC 349 Week 1 Connect Assignment//tutorfortune.com Click on below link to buy https://tutorfortune.com/products/acc-349-week-1-connect-assignment A C C 3 4 9 We e k 1 C o n n e c t A s s i g n me n t A c c e s s C o n n e c t . C o mp l e t e t h e We e k 1 P r o b l e ms 1 . Wh i c h o f t h e f o l l o w i n g a r e f o r ms o f d e t e c t i v e i n t e r n a l c o n t r o l ? R e l a t i n g d a t a s e t s t o o n e a n o t h e r t o i d e n t i f y a n d r e s o l v e d i s c r e p a n c i e s . C o mp a r i n g a c t u a l p e r f o r ma n c e t o v a r i o u s b e n c h ma r k s t o i d e n t i f y u n e x p e c t e d r e s u l t s . Ma i n t a i n i n g w r i t t e n a n d / o r e l e c t r o n i c e v i d e n c e t o s u p p o r t t r a n s a c t i o n s . P u t t i n g p a s s w o r d s o n a c o mp u t e r t o r e s t r i c t a c c e s s . 2 . T h e f o l l o w i n g c o s t a n d i n v e n t o r y d a t a a r e t a k e n f r o m t h e a c c o u n t i n g r e c o r d s o f Ma s o n C o mp a n y f o r t h e y e a r j u s t c o mp l e t e d : C o s t s i n c u r r e d :
D i r e c t l a b o r c o s t $ 8 1 , 0 0 0 P u r c h a s e s o f r a w ma t e r i a l s $ 1 3 8 , 0 0 0 Ma n u f a c t u r i n g o v e r h e a d $ 2 1 0 , 0 0 0 A d v e r t i s i n g e x p e n s e $ 4 5 , 0 0 0 S a l e s s a l a r i e s $ 1 0 1 , 0 0 0 D e p r e c i a t i o n , o ffi c e e q u i p me n t $ 2 2 4 , 0 0 0 B e g i n n i n g o f t h e Y e a r E n d o f t h e Y e a r I n v e n t o r i e s : R a w ma t e r i a l s $ 8 , 8 0 0 $ 1 0 , 5 0 0 Wo r k i n p r o c e s s
$ 5 , 7 0 0 $ 2 0 , 7 0 0 F i n i s h e d g o o d s $ 7 1 , 0 0 0 $ 2 5 , 9 0 0 R e q u i r e d : Click on below link to buy https://tutorfortune.com/products/acc-349-week-1-connect-assignment
