Page 1 of 20
WGU D196 PRINCIPLES OF FINANCIAL AND
MANAGERIAL ACCOUNTING FINAL 2025/2026 EXAM
CURRENTLY TESTING QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED) FOR GUARANTEED
PASS/TOP-RATED A+.
WGU D196
Ace your WGU D196 Principles of Financial and Managerial
Accounting final exam with this comprehensive guide, designed
to master core concepts in financial statements, cost analysis,
and budgeting. This resource delivers practical, scenario-based
questions that build proficiency in interpreting and applying
accounting data.
What is an example of manufacturing overhead? ......
ANSWER ....... Cost of sandpaper in making wood
furniture
Is an assembly line worker's wages a period cost or a
product cost? For product cost indicate if it is a direct
material, direct labor or manufacturing overhead. ......
ANSWER ....... Product cost / direct labor
Is rubber for making bicycle tires a period cost or a product
cost? For product cost indicate if it is a direct material,
, Page 2 of 20
direct labor or manufacturing overhead. ...... ANSWER
....... Product cost / direct materials
Is depreciation on office copy machine a period cost or a
product cost? For product cost indicate if it is a direct
material, direct labor or manufacturing overhead. ......
ANSWER ....... Period cost
Is depreciation on factory machinery a period cost or a
product cost? For product cost indicate if it is a direct
material, direct labor or manufacturing overhead. ......
ANSWER ....... Product cost / manufacturing overhead
Is sales commission a period cost or a product cost? For
product cost indicate if it is a direct material, direct labor or
manufacturing overhead. ...... ANSWER ....... Period cost
Is indirect materials a period cost or a product cost? For
product cost indicate if it is a direct material, direct labor or
manufacturing overhead. ...... ANSWER ....... Product
cost / manufacturing overhead
Is a factory supervisor's salary a period cost or a product
cost? For product cost indicate if it is a direct material,
, Page 3 of 20
direct labor or manufacturing overhead. ...... ANSWER
....... Product cost / manufacturing overhead
Is an advertising expense a period cost or a product cost?
For product cost indicate if it is a direct material, direct labor
or manufacturing overhead. ...... ANSWER ....... Period
cost
Is factory supplies a period cost or a product cost? For
product cost indicate if it is a direct material, direct labor or
manufacturing overhead. ...... ANSWER ....... Product
cost / manufacturing overhead
What is job order costing? ...... ANSWER ....... A method
of costing that assigns costs to specific jobs or products.
How is activity based costing (ABC) overhead allocated?
...... ANSWER ....... Overhead is allocated based on
custom job activity.
The 3 general types of overhead cost activities in ABC
systems are? ...... ANSWER ....... Unit-level, batch-level
and product-line
WGU D196 PRINCIPLES OF FINANCIAL AND
MANAGERIAL ACCOUNTING FINAL 2025/2026 EXAM
CURRENTLY TESTING QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED) FOR GUARANTEED
PASS/TOP-RATED A+.
WGU D196
Ace your WGU D196 Principles of Financial and Managerial
Accounting final exam with this comprehensive guide, designed
to master core concepts in financial statements, cost analysis,
and budgeting. This resource delivers practical, scenario-based
questions that build proficiency in interpreting and applying
accounting data.
What is an example of manufacturing overhead? ......
ANSWER ....... Cost of sandpaper in making wood
furniture
Is an assembly line worker's wages a period cost or a
product cost? For product cost indicate if it is a direct
material, direct labor or manufacturing overhead. ......
ANSWER ....... Product cost / direct labor
Is rubber for making bicycle tires a period cost or a product
cost? For product cost indicate if it is a direct material,
, Page 2 of 20
direct labor or manufacturing overhead. ...... ANSWER
....... Product cost / direct materials
Is depreciation on office copy machine a period cost or a
product cost? For product cost indicate if it is a direct
material, direct labor or manufacturing overhead. ......
ANSWER ....... Period cost
Is depreciation on factory machinery a period cost or a
product cost? For product cost indicate if it is a direct
material, direct labor or manufacturing overhead. ......
ANSWER ....... Product cost / manufacturing overhead
Is sales commission a period cost or a product cost? For
product cost indicate if it is a direct material, direct labor or
manufacturing overhead. ...... ANSWER ....... Period cost
Is indirect materials a period cost or a product cost? For
product cost indicate if it is a direct material, direct labor or
manufacturing overhead. ...... ANSWER ....... Product
cost / manufacturing overhead
Is a factory supervisor's salary a period cost or a product
cost? For product cost indicate if it is a direct material,
, Page 3 of 20
direct labor or manufacturing overhead. ...... ANSWER
....... Product cost / manufacturing overhead
Is an advertising expense a period cost or a product cost?
For product cost indicate if it is a direct material, direct labor
or manufacturing overhead. ...... ANSWER ....... Period
cost
Is factory supplies a period cost or a product cost? For
product cost indicate if it is a direct material, direct labor or
manufacturing overhead. ...... ANSWER ....... Product
cost / manufacturing overhead
What is job order costing? ...... ANSWER ....... A method
of costing that assigns costs to specific jobs or products.
How is activity based costing (ABC) overhead allocated?
...... ANSWER ....... Overhead is allocated based on
custom job activity.
The 3 general types of overhead cost activities in ABC
systems are? ...... ANSWER ....... Unit-level, batch-level
and product-line
