Lonestar Community College
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McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e 
 
Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows: 
 
The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. The inventory at the end of March was 7,400 units.
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e 
 
The PC Works assembles custom computers from components supplied by various manufacturers. The company is very small and its assembly shop and retail sales store are housed in a single facility in a Redmond, Washington, industrial park. Listed below are some of the costs that the company incurs. 
 
Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufac...
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
McGraw Hill ACCT 2302 - Garrison, Managerial Accounting, 17e Garrison, Managerial Accounting, 17e
This document covers Exam Chapters 1-15 and includes 90 questions and answers (45 questions for Exam #1 and 45 questions for Exam #2). You will have 1.5 hours to complete each exam and it is open-book. 
 
Note: There will be no make-up exams. Be sure you are taking the exam somewhere you have adequate internet connections. If you get disconnected, I will not be able to reopen the exam for you.