Wgu D196 Pre Assessment Questions And Answers 100% Verified A+ Guaranteed

Which label is given to the cost of electricity in a furniture factory? Direct labor Administrative expenses Manufacturing overhead Direct materials {Ans: Manufacturing overhead}Which item is a period cost? Rent on factory robotic equipment in an airplane manufacturer Wages of maintenance workers in the factory building Utility bills to heat the headquarters building Wages for factory quality control inspectors {Ans: Utility bills to heat the headquarters building}What is an account payable? The amount owed by a company that purchased goods or services from a supplier on credit The amount owed to a company that sold goods or services to a customer on credit The amount to be paid by a company in repayment of both loans and dividends The amount to be paid by a company for dividends to shareholders {Ans: The amount owed by a company that purchased goods or services from a supplier on credit}In an ABC system, which name is given to a numerical measure reflecting the amount of a cost associated with a particular overhead cost activity? Cost system You Selected Cost pool Cost metric Cost driver {Ans: Cost driver}What is an example of direct labor? Wages for accounting staff in company