WGU C213 pre assessment EXAM 2024 | ACCURATE AND VERIFIED QUESTIONS
WITH DETAILED ANSWERS | LATEST UPDATE | GUARANTEED PASS
What does accounting focus on? - ✔✔ANSW✔✔..The impact a business's activities
have on its overall financial performance
What is the total amount of overhead applied to product A? - ✔✔ANSW✔✔..$158,000
A running shoe manufacturer produces three types of shoes: traditional, minimalist, and
spikes.
The company uses the following information to determine activity rates for each pool:
Cost Pool Costs Total Activity
Shoe Production
$250,000
20,000 pairs of shoes
Shoe batches
$10,000
500 batches
Shoe design
$5,000
100 parts
Total
$265,000
Data concerning the three shoe products appear below:
Cost Driver Traditional Minimalist Spikes
Number of pairs of shoes
10,000
7,500
2,500
Number of batches
, 150
250
100
Number of parts
20
30
50
What is the total amount of overhead applied to spikes shoes? - ✔✔ANSW✔✔..$35,750
Company A calculated the following information under traditional and activity-based
costing for the production and sale of 1,000 units of Product B:
Traditional ABC
Sales $100,000 $100,000
Cost of goods sold $70,000 $110,000
Gross margin $30,000 ($10,000)
Which decision should be made about the selling price of Product B? -
✔✔ANSW✔✔..The price of Product B should be increased.
A company reported the following information for the production and sale of 500,000
gallons of oil:
(Image)
Overhead was applied based upon the following predetermined overhead rates:
$0.75 per gallon
$500 per batch
$1,000 per ingredient
What would be the gross profit if the company increased their selling price per gallon by
$0.10? - ✔✔ANSW✔✔..$20,000
Which two concepts are studied in cost-volume-profit analysis?
Choose 2 answers - ✔✔ANSW✔✔..Levels of activity. Profits.
What are two impacts on costs as sales volume increases?
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