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LATEST WGU C213 ACCOUNTING CHAPTER QUESTIONS WITH 100% CORRECT ANSWERS

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  • WGU C213 ACCOUNTING CHAPTER 9
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  • WGU C213 ACCOUNTING CHAPTER 9

Good management accounting is motivated by: Government regulators Accounting rules Management's desire to improve All of these are correct - CORRECT ANSWER Management's desire to improve Long-run planning involves which one of the following processes? - CORRECT ANSWER Cap...

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  • August 10, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • wgu c213
  • WGU C213 ACCOUNTING CHAPTER 9
  • WGU C213 ACCOUNTING CHAPTER 9
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LATEST C213 WGU ACCOUNTING CHAPTER 9
2024-2025 QUESTIONS WITH 100% CORRECT
ANSWERS
Good management accounting is motivated by:

Government regulators

Accounting rules

Management's desire to improve

All of these are correct - CORRECT ANSWER Management's desire to improve



Long-run planning involves which one of the following processes? - CORRECT ANSWER
Capital budgeting



Capital budgeting is: - CORRECT ANSWER The systematic planning for long-term
investments in operating assets.



Which is usually conducted by executive level management? - CORRECT ANSWER
Strategic Planning



Identifying problems and opportunities is a product of which process? - CORRECT
ANSWER Evaluating



The first step in management planning is: - CORRECT ANSWER Defining the
problem



Which of the following types of costs are most likely to be classified as period costs -
CORRECT ANSWER Administrative Costs

, LATEST C213 WGU ACCOUNTING CHAPTER 9
2024-2025 QUESTIONS WITH 100% CORRECT
ANSWERS

Cherry Company manufactures electronic yard tools. Costs for May were direct labor,
$84,000; indirect labor, $51,000; direct materials, $69,000; indirect materials, $9,000;
factory utilities, $6,900; and insurance on manufacturing equipment, $2,100. Cherry
Company's total manufacturing costs for May are:




$69,000



$222,000



$138,000



$135,000 - CORRECT ANSWER $222,000



Manufacturing Overhead:

$51,000 + $9,000 + $6,900 + $2,100 = $69,000

Total Manufacturing Costs:

$84,000 + $69,000 + $69,000 = $222,000



When considering the purchase of a new truck, the depreciation expense on the old
truck is considered a(n):

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