WGU D196|OA|OBJECTIVE ASSESSMENT FINAL REVIEW
Correct 22
Incorrect
Term
, Costs are allocated based on sales Costs are assigned to individual
volume for each product. products and tracked separately.
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2 of 22
Term
How is overhead allocated in an ABC system?
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Activity rate multiplied by Activity rate added to number of
number of cost driver events cost driver events
Number of cost driver events Activity rate divided by number of
subtracted from activity rate cost driver events
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3 of 22
Term
Which item is a period cost?
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Raw materials purchased for
Salaries for production workers
production
Correct 22
Incorrect
Term
, Costs are allocated based on sales Costs are assigned to individual
volume for each product. products and tracked separately.
Don't know?
2 of 22
Term
How is overhead allocated in an ABC system?
Give this one a try later!
Activity rate multiplied by Activity rate added to number of
number of cost driver events cost driver events
Number of cost driver events Activity rate divided by number of
subtracted from activity rate cost driver events
Don't know?
3 of 22
Term
Which item is a period cost?
Give this one a try later!
Raw materials purchased for
Salaries for production workers
production