WGU D196 PRACTICE QUESTIONS AND ANSWERS
what is manufacturing overhead - CORRECT ANSWER✅✅✅manufacturing costs other than direct
materials n labor
indirect costs - CORRECT ANSWER✅✅✅costs normally incurred for the benefit of several segments
within the organization
overapplied overhead - CORRECT ANSWER✅✅✅excess of actual manufacturing overhead costs over
the applied manufacturing overhead costs for the period
estimated manufacturing overhead - CORRECT ANSWER✅✅✅budgeting manufacturing overhead
costs that are used to establish the predetermined overhead rate
underapplied manufacturing overhead - CORRECT ANSWER✅✅✅excess of actual manufacturing
overhead costs over the applied manufacturing overhead costs for the period
Predetermined Overhead Rate - CORRECT ANSWER✅✅✅estimated manufacturing overhead costs
for the year divided by a total estimated activity base
applied manufacturing overhead - CORRECT ANSWER✅✅✅The amount of the manufacturing
overhead that is assigned to the goods produced. This is usually done by using a predetermined annual
overhead rate.
assembly line workers - CORRECT ANSWER✅✅✅product costs
rubber making tires - CORRECT ANSWER✅✅✅product costs
depreciation office copy machine - CORRECT ANSWER✅✅✅period costs
depreciation of factory machines - CORRECT ANSWER✅✅✅product costs
what is manufacturing overhead - CORRECT ANSWER✅✅✅manufacturing costs other than direct
materials n labor
indirect costs - CORRECT ANSWER✅✅✅costs normally incurred for the benefit of several segments
within the organization
overapplied overhead - CORRECT ANSWER✅✅✅excess of actual manufacturing overhead costs over
the applied manufacturing overhead costs for the period
estimated manufacturing overhead - CORRECT ANSWER✅✅✅budgeting manufacturing overhead
costs that are used to establish the predetermined overhead rate
underapplied manufacturing overhead - CORRECT ANSWER✅✅✅excess of actual manufacturing
overhead costs over the applied manufacturing overhead costs for the period
Predetermined Overhead Rate - CORRECT ANSWER✅✅✅estimated manufacturing overhead costs
for the year divided by a total estimated activity base
applied manufacturing overhead - CORRECT ANSWER✅✅✅The amount of the manufacturing
overhead that is assigned to the goods produced. This is usually done by using a predetermined annual
overhead rate.
assembly line workers - CORRECT ANSWER✅✅✅product costs
rubber making tires - CORRECT ANSWER✅✅✅product costs
depreciation office copy machine - CORRECT ANSWER✅✅✅period costs
depreciation of factory machines - CORRECT ANSWER✅✅✅product costs
