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AC552 Midterm Study Guide

Studying the following items will assist you in the preparation of your Midterm. You are strongly urged to examine these areas….have fun!

* Relevant range * Break-even point * Contribution margin * Process costing * Job costing * Calculate equivalent units * ABC systems * Direct, indirect, variable, fixed, prime, and conversion costs * CVP analysis

Good luck!

This is the REAL exam, so choose your time to enter carefully. The Midterm counts towards 19% of your grade.

The questions are listed on multiple pages, so remember to click to the second page. Your time limit is 3.5 hours. You should review your textbook, the online line lectures, and the online threaded Discussions prior to taking the exam.

Once you enter the exam you will not be allowed to leave and re-enter.

You should click the Save Answers button in the exam frequently!
This helps prevent connection timeouts that might occur with certain Internet Service Providers, and also minimizes lost answers in the event of connection problems. If your Internet connection does break, when you reconnect, you will normally be able to get back into your Midterm without any trouble. Remember, though, that the exam timer continues to run while students are disconnected, so please try to re-login as quickly as possible. The Help Desk cannot grant additional time on the exam.

If you experience technical difficulty, do NOT panic. Call the eCollege Help Desk (800 594-2402) or DeVry Help Desk (877 784-1997) or me [see contact information in the Syllabus] to figure it out. To the extent possible, it is always best to work on the exam earlier in the week to avoid being caught in an unexpected crunch.

Best wishes on your

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