7/21/26, 8:23 AM WGU D101 Cost and Managerial Accounting |PA EXAM (latest version verified for accuracy) fully solved & updated 2026-2027(Que…
WGU D101 Cost and Managerial Accounting |PA
EXAM (latest version verified for accuracy) fully
solved & updated 2026-2027(Questions +
Answers) Solved 100% Correct!!
Save Add to calendar
Terms in this set (48)
When would it be appropriate to use When a movie producer receives a contract to
job order costing? produce movies following the specifications of the
customer.
Which figures are used in computing Forecasted overhead costs and forecasted activity
a predetermined overhead rate? level. Forecasted overhead costs and forecasted
activity level.
https://quizlet.com/1195700124/wgu-d101-cost-and-managerial-accounting-pa-exam-latest-version-verified-for-accuracy-fully-solved-updated-2026-2… 1/25
,7/21/26, 8:23 AM WGU D101 Cost and Managerial Accounting |PA EXAM (latest version verified for accuracy) fully solved & updated 2026-2027(Que…
A company uses direct labor hours $40 per direct labor hour.
to apply manufacturing overhead.
Budgeted manufacturing overhead
for the coming year is $640,000.
Budgeted direct materials purchases
are $400,000. Budgeted direct labor
cost is $720,000. Budgeted direct
labor hours for the coming year are
16,000 hours. Actual manufacturing
overhead for the year was $600,000.
Actual direct materials purchases
were $380,000. Actual direct labor
cost was $700,000. Actual direct
labor hours for the year were 20,000
hours.
What is this company's
predetermined overhead rate?
A company's actual manufacturing Debit to manufacturing overhead for $16,000.
overhead was $156,000, and applied
manufacturing overhead was
$172,000.
What should be included in the
journal entry necessary to close the
manufacturing overhead account?
https://quizlet.com/1195700124/wgu-d101-cost-and-managerial-accounting-pa-exam-latest-version-verified-for-accuracy-fully-solved-updated-2026-2… 2/25
, 7/21/26, 8:23 AM WGU D101 Cost and Managerial Accounting |PA EXAM (latest version verified for accuracy) fully solved & updated 2026-2027(Que…
A manufacturing company used cash Credit to cash for $3,000.
to purchase raw materials costing
$3,000.
What should be included in the
journal entry necessary to record this
purchase of raw materials?
A company that manufactures wood Debit to work-in-process inventory for $12,500.
furniture paid $12,500 in cash for the
wages of woodworkers who create
the wood furniture in the factory.
What should be included in the
journal entry necessary to record this
payment of wages to the
woodworkers?
A company recorded depreciation of Debit to manufacturing overhead for $16,000.
$16,000 on factory equipment.
What should be included in the
journal entry necessary to record this
depreciation on factory equipment?
https://quizlet.com/1195700124/wgu-d101-cost-and-managerial-accounting-pa-exam-latest-version-verified-for-accuracy-fully-solved-updated-2026-2… 3/25
WGU D101 Cost and Managerial Accounting |PA
EXAM (latest version verified for accuracy) fully
solved & updated 2026-2027(Questions +
Answers) Solved 100% Correct!!
Save Add to calendar
Terms in this set (48)
When would it be appropriate to use When a movie producer receives a contract to
job order costing? produce movies following the specifications of the
customer.
Which figures are used in computing Forecasted overhead costs and forecasted activity
a predetermined overhead rate? level. Forecasted overhead costs and forecasted
activity level.
https://quizlet.com/1195700124/wgu-d101-cost-and-managerial-accounting-pa-exam-latest-version-verified-for-accuracy-fully-solved-updated-2026-2… 1/25
,7/21/26, 8:23 AM WGU D101 Cost and Managerial Accounting |PA EXAM (latest version verified for accuracy) fully solved & updated 2026-2027(Que…
A company uses direct labor hours $40 per direct labor hour.
to apply manufacturing overhead.
Budgeted manufacturing overhead
for the coming year is $640,000.
Budgeted direct materials purchases
are $400,000. Budgeted direct labor
cost is $720,000. Budgeted direct
labor hours for the coming year are
16,000 hours. Actual manufacturing
overhead for the year was $600,000.
Actual direct materials purchases
were $380,000. Actual direct labor
cost was $700,000. Actual direct
labor hours for the year were 20,000
hours.
What is this company's
predetermined overhead rate?
A company's actual manufacturing Debit to manufacturing overhead for $16,000.
overhead was $156,000, and applied
manufacturing overhead was
$172,000.
What should be included in the
journal entry necessary to close the
manufacturing overhead account?
https://quizlet.com/1195700124/wgu-d101-cost-and-managerial-accounting-pa-exam-latest-version-verified-for-accuracy-fully-solved-updated-2026-2… 2/25
, 7/21/26, 8:23 AM WGU D101 Cost and Managerial Accounting |PA EXAM (latest version verified for accuracy) fully solved & updated 2026-2027(Que…
A manufacturing company used cash Credit to cash for $3,000.
to purchase raw materials costing
$3,000.
What should be included in the
journal entry necessary to record this
purchase of raw materials?
A company that manufactures wood Debit to work-in-process inventory for $12,500.
furniture paid $12,500 in cash for the
wages of woodworkers who create
the wood furniture in the factory.
What should be included in the
journal entry necessary to record this
payment of wages to the
woodworkers?
A company recorded depreciation of Debit to manufacturing overhead for $16,000.
$16,000 on factory equipment.
What should be included in the
journal entry necessary to record this
depreciation on factory equipment?
https://quizlet.com/1195700124/wgu-d101-cost-and-managerial-accounting-pa-exam-latest-version-verified-for-accuracy-fully-solved-updated-2026-2… 3/25
