WGU D101 unit test UPDATED ACTUAL Questions and
CORRECT Answers
Which items are included in work-in-process inventory? Manufacturing overhead applied costs, direct labor costs, and raw materials used
in production
3 multiple choice options
A manufacturing company performed the following five Raw materials inventory, manufacturing overhead, work-in-process inventory,
actions: finished goods inventory, cost of goods sold.
Purchased raw materials on account.
3 multiple choice options
Used raw materials as indirect materials in the
manufacturing process.
Applied overhead to the manufacturing process.
Transferred the completed goods to the finished goods
warehouse.
Sold the completed goods.
What is the correct sequence of debits necessary in
making the journal entries to record these five actions?
Which journal entry is used to record the application of Credit manufacturing overhead.
manufacturing overhead? 3 multiple choice options
In a production facility, indirect labor and related wages Debit manufacturing overhead.
include personnel, such as maintenance and repair 3 multiple choice options
employees. Assume that indirect labor wages are being
accrued but have not yet been paid in cash.
Which journal entry is used to record the amount of
indirect labor?
Which journal entry is used to record a transfer of Debit finished goods inventory.
completed products from a factory to the finished goods
warehouse?
, A manufacturing business determines the manufacturing $3.00
overhead rate on the basis of direct labor hours and has 3 multiple choice options
estimated the following budget for Year 1:
Indirect materials $40,000
Indirect labor $15,000
Building rent* $60,000
Depreciation on production equipment $20,000
Direct labor $60,000
Direct materials $82,000
Machine hours 20,000 hours
Direct labor hours 40,000 hours
*1/4 of the building is for non-factory administrative
offices.
The company allocated overhead based on direct labor
hours.
What is this business's predetermined manufacturing
overhead rate using the data above?
For a certain year, a bookstore had actual manufacturing Debit to cost of goods sold for $17,000.
overhead of $117,000 and applied manufacturing 3 multiple choice options
overhead of $100,000.
What should be included in the journal entry necessary
to close the manufacturing overhead account?
What is represented by the amount of cost of goods Total cost of items for which production was completed during the period.
manufactured? 3 multiple choice options
The data for a company for the year: $900,000
3 multiple choice options
Direct materials purchased 355,000
Actual manufacturing overhead costs 284,000
Direct labor costs 290,000
Direct materials inventory, beginning balance 85,000
Work-in-process inventory, beginning balance 150,000
Applied manufacturing overhead costs 320,000
Finished goods inventory, ending balance 140,000
Direct materials inventory, ending balance 120,000
Work-in-process inventory, ending balance 180,000
Finished goods inventory, beginning balance 200,000
What is the total cost of goods manufactured for the
company?
CORRECT Answers
Which items are included in work-in-process inventory? Manufacturing overhead applied costs, direct labor costs, and raw materials used
in production
3 multiple choice options
A manufacturing company performed the following five Raw materials inventory, manufacturing overhead, work-in-process inventory,
actions: finished goods inventory, cost of goods sold.
Purchased raw materials on account.
3 multiple choice options
Used raw materials as indirect materials in the
manufacturing process.
Applied overhead to the manufacturing process.
Transferred the completed goods to the finished goods
warehouse.
Sold the completed goods.
What is the correct sequence of debits necessary in
making the journal entries to record these five actions?
Which journal entry is used to record the application of Credit manufacturing overhead.
manufacturing overhead? 3 multiple choice options
In a production facility, indirect labor and related wages Debit manufacturing overhead.
include personnel, such as maintenance and repair 3 multiple choice options
employees. Assume that indirect labor wages are being
accrued but have not yet been paid in cash.
Which journal entry is used to record the amount of
indirect labor?
Which journal entry is used to record a transfer of Debit finished goods inventory.
completed products from a factory to the finished goods
warehouse?
, A manufacturing business determines the manufacturing $3.00
overhead rate on the basis of direct labor hours and has 3 multiple choice options
estimated the following budget for Year 1:
Indirect materials $40,000
Indirect labor $15,000
Building rent* $60,000
Depreciation on production equipment $20,000
Direct labor $60,000
Direct materials $82,000
Machine hours 20,000 hours
Direct labor hours 40,000 hours
*1/4 of the building is for non-factory administrative
offices.
The company allocated overhead based on direct labor
hours.
What is this business's predetermined manufacturing
overhead rate using the data above?
For a certain year, a bookstore had actual manufacturing Debit to cost of goods sold for $17,000.
overhead of $117,000 and applied manufacturing 3 multiple choice options
overhead of $100,000.
What should be included in the journal entry necessary
to close the manufacturing overhead account?
What is represented by the amount of cost of goods Total cost of items for which production was completed during the period.
manufactured? 3 multiple choice options
The data for a company for the year: $900,000
3 multiple choice options
Direct materials purchased 355,000
Actual manufacturing overhead costs 284,000
Direct labor costs 290,000
Direct materials inventory, beginning balance 85,000
Work-in-process inventory, beginning balance 150,000
Applied manufacturing overhead costs 320,000
Finished goods inventory, ending balance 140,000
Direct materials inventory, ending balance 120,000
Work-in-process inventory, ending balance 180,000
Finished goods inventory, beginning balance 200,000
What is the total cost of goods manufactured for the
company?
