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ACC 252 EXAM 1 2026 LATEST
QUESTIONS AND ANSWERS| ACE
YOUR GRADES.
The total cost to manufacture these goods according to their job
cost sheets was $217,000. - correct answer -Debit: COGS
Credit: Finished Goods
Batch-level activities - correct answer -Activities that are
performed each time a batch of goods is handled or processed,
regardless of how many units are in the batch. The amount of
resource consumed depends on the number of batches run rather
than on the number of units in the batch.
Unit-level activities - correct answer -activities that are performed
each time a unit is produced
Product-level activities - correct answer -Activities that relate to
specific products that must be carried out regardless of how many
units are produced and sold or batches run.
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Facility-level activities - correct answer -activities and costs
incurred no matter how many units, batches, or products are
produced in the plant
Total Product Cost - correct answer -direct materials + direct
labor + manufacturing overhead
Total Period Cost - correct answer -Sales and administrative
costs (everything not in product cost)
variable cost per unit - correct answer -DM + DL + Variable MOH
+ Sales commissions + Variable Admin Expense
fixed manufacturing cost per unit - correct answer -total fixed
manufacturing cost(must use number represented by graph)
/number of units produced
CM per unit - correct answer -Selling price - variable cost per
unit
ACC 252 EXAM 1 2026 LATEST
QUESTIONS AND ANSWERS| ACE
YOUR GRADES.
The total cost to manufacture these goods according to their job
cost sheets was $217,000. - correct answer -Debit: COGS
Credit: Finished Goods
Batch-level activities - correct answer -Activities that are
performed each time a batch of goods is handled or processed,
regardless of how many units are in the batch. The amount of
resource consumed depends on the number of batches run rather
than on the number of units in the batch.
Unit-level activities - correct answer -activities that are performed
each time a unit is produced
Product-level activities - correct answer -Activities that relate to
specific products that must be carried out regardless of how many
units are produced and sold or batches run.
, Page | 2
Facility-level activities - correct answer -activities and costs
incurred no matter how many units, batches, or products are
produced in the plant
Total Product Cost - correct answer -direct materials + direct
labor + manufacturing overhead
Total Period Cost - correct answer -Sales and administrative
costs (everything not in product cost)
variable cost per unit - correct answer -DM + DL + Variable MOH
+ Sales commissions + Variable Admin Expense
fixed manufacturing cost per unit - correct answer -total fixed
manufacturing cost(must use number represented by graph)
/number of units produced
CM per unit - correct answer -Selling price - variable cost per
unit
