WGU D196 Pre-Assessment 2025/2026 ACTUAL COMPLETE
REAL TESTING EXAM QUESTIONS AND VERIFIED ANSWERS
/100% CORRECT(MULTIPLE CHOICES) ||A+ GRADED | 2025
NEWEST VERSION!!
Which cost category is not formally tracked in a company's
accounting system?
Out-of-pocket costs
Direct costs
Opportunity costs
Indirect costs - 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?
$100,000
$50,000
$150,000
$200,000 - 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?
60%
50%
40%
20% - ANSWER-60%
Why is the concept of relevant range important to a manager?
Inside the relevant range, the variable cost per unit can
increase.
Outside the relevant range, the variable cost per unit stays
constant.
Outside the relevant range, the variable cost per unit can
change.
Inside the relevant range, the total fixed cost can change. -
ANSWER-Outside the relevant range, the variable cost per unit
can change.
Which statement correctly describes applied manufacturing
overhead?
-The total manufacturing costs other than direct materials
, -The amount of manufacturing overhead that is assigned to
each employee
-The amount of manufacturing overhead that is assigned to the
goods produced -The total manufacturing costs other than
direct labor - 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?
-Underapplied overhead rate
-Forecasted overhead rate
-Predetermined overhead rate
-Indirect overhead rate - ANSWER-Predetermined overhead rate
In a job order costing system, what is the proper accounting for
a product cost?
It is reported as a part of cost of goods sold.
It is reported as a part of general expenses.
It is reported as a part of administrative expenses.
It is reported as an expense when it occurs. - ANSWER-It is
reported as a part of cost of goods sold.
Which item is a period cost?
Wages of maintenance workers in the factory building
Wages for factory quality control inspectors
REAL TESTING EXAM QUESTIONS AND VERIFIED ANSWERS
/100% CORRECT(MULTIPLE CHOICES) ||A+ GRADED | 2025
NEWEST VERSION!!
Which cost category is not formally tracked in a company's
accounting system?
Out-of-pocket costs
Direct costs
Opportunity costs
Indirect costs - 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?
$100,000
$50,000
$150,000
$200,000 - 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?
60%
50%
40%
20% - ANSWER-60%
Why is the concept of relevant range important to a manager?
Inside the relevant range, the variable cost per unit can
increase.
Outside the relevant range, the variable cost per unit stays
constant.
Outside the relevant range, the variable cost per unit can
change.
Inside the relevant range, the total fixed cost can change. -
ANSWER-Outside the relevant range, the variable cost per unit
can change.
Which statement correctly describes applied manufacturing
overhead?
-The total manufacturing costs other than direct materials
, -The amount of manufacturing overhead that is assigned to
each employee
-The amount of manufacturing overhead that is assigned to the
goods produced -The total manufacturing costs other than
direct labor - 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?
-Underapplied overhead rate
-Forecasted overhead rate
-Predetermined overhead rate
-Indirect overhead rate - ANSWER-Predetermined overhead rate
In a job order costing system, what is the proper accounting for
a product cost?
It is reported as a part of cost of goods sold.
It is reported as a part of general expenses.
It is reported as a part of administrative expenses.
It is reported as an expense when it occurs. - ANSWER-It is
reported as a part of cost of goods sold.
Which item is a period cost?
Wages of maintenance workers in the factory building
Wages for factory quality control inspectors
