WGU D196 Pre-Assessment (2026) || Most Recent Exam
2026-2027 Actual Complete Real Exam Questions And
Correct Answers (Expertly Verified Answers) Already
Graded A+ | Guaranteed Success!! Newest Exam | Just
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What is the sequence of the flow of costs through a
manufacturing operation? - ANSWER-Raw materials, work-in-
process, finished goods, cost of goods sold
What is the CVP equation? - ANSWER-Sales - variable costs
- fixed costs =
profit
Which cost category is not formally tracked in a company's
accounting system?
- ANSWER-Opportunity
costs
A company reports these data:
Total sales revenue = $250,000
Number of units sold = 50,000 units
Variable costs = $100,000
If the company is operating at its break-even point, what is the
company's total contribution margin? - ANSWER-$150,000
, A company reports
these data:
Price per unit =
$25
Variable costs per unit
= $15
Fixed costs =
$15,000
Given these data, what is the variable cost ratio? -
ANSWER-60%
Why is the concept of relevant range important to a
manager? - ANSWER-
Outside the relevant range, the variable cost per unit
can change.
Which statement correctly describes applied manufacturing
overhead? - ANSWER-The amount of manufacturing overhead
that is assigned to the goods produced
What is the label given to the quantity computed as estimated
overhead costs divided by estimated level of activity? -
ANSWER-Predetermined overhead rate
In a job order costing system, what is the proper accounting for
a product cost?
- ANSWER-It is reported as a part of cost of
goods sold.
2026-2027 Actual Complete Real Exam Questions And
Correct Answers (Expertly Verified Answers) Already
Graded A+ | Guaranteed Success!! Newest Exam | Just
Released!
What is the sequence of the flow of costs through a
manufacturing operation? - ANSWER-Raw materials, work-in-
process, finished goods, cost of goods sold
What is the CVP equation? - ANSWER-Sales - variable costs
- fixed costs =
profit
Which cost category is not formally tracked in a company's
accounting system?
- ANSWER-Opportunity
costs
A company reports these data:
Total sales revenue = $250,000
Number of units sold = 50,000 units
Variable costs = $100,000
If the company is operating at its break-even point, what is the
company's total contribution margin? - ANSWER-$150,000
, A company reports
these data:
Price per unit =
$25
Variable costs per unit
= $15
Fixed costs =
$15,000
Given these data, what is the variable cost ratio? -
ANSWER-60%
Why is the concept of relevant range important to a
manager? - ANSWER-
Outside the relevant range, the variable cost per unit
can change.
Which statement correctly describes applied manufacturing
overhead? - ANSWER-The amount of manufacturing overhead
that is assigned to the goods produced
What is the label given to the quantity computed as estimated
overhead costs divided by estimated level of activity? -
ANSWER-Predetermined overhead rate
In a job order costing system, what is the proper accounting for
a product cost?
- ANSWER-It is reported as a part of cost of
goods sold.
