WGU C253 Managerial Accounting (C253)
Western Governors University
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C253 Advanced Managerial Accounting Exam Guide
- Exam (elaborations) • 6 pages • 2024
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Material Overhead Rate (Labor Hours) - Estimated Overhead/Estimated Labor Hours 
Cost Per Part - (Direct Materials + Direct Labor + (overhead rate * amount of overhead))/units 
COGS - (Beg. Materials+Purchased Materials+End Materials)+Direct Labor+(Overhead for Labor)+(Beg work in process-End work in process) 
Predetermined Overhead Rate - Estimated total manufacturing overhead/Estimated total amount of allocation base 
Manufacturing Overhead Applied - Predetermined Overhead Rate x Actual amount...
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WGU C253 Bundled Exams with Complete Solution | Verified | Everything you Need!!
- Package deal • 3 items • 2023
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WGU C253 Bundled Exams with Complete Solution | Verified | Everything you Need!!
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WGU UFC 1 Managerial Accounting Pre-assessment
- Exam (elaborations) • 16 pages • 2023
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WGU UFC 1 Managerial Accounting Pre-assessment 
Which Feature of managerial accounting improves a company's ability to plan and control operations? - 
It generates detailed information on product cost. 
Which statement describes period costs? -They flow directly to the current income statement as 
expenses. 
A company has the following costs associated with a job: 
Direct materials: $400 
Direct labor: $450 
Work in process: $950 
Revenue from job: $1,450 
What is the amount of overhead applied...
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(Top QUALITY 2024/2025 EXAM REVIEW) WGU C253 Managerial Accounting, Exam Review Questions. Latest update, VERIFIED.
- Exam (elaborations) • 9 pages • 2023
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Available in package deal
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WGU C253 Managerial Accounting, 
Exam Review Questions. Latest update, 
VERIFIED. 
Pre-determined overhead rate formula - -projected overhead costs / expected activity base 
applied overhead formula - -pre-determined overhead rate x actual units of allocation based (such as 
direct labor hours) 
Under/over applied overhead rate = - -actual MOH - applied MOH 
Job cost = - -Direct materials + direct labor + applied MOH + (beg wip - ending wip) 
Cost of good sold = - -cost of goods manufactured ...
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(Top QUALITY 2024/2025 EXAM REVIEW) WGU C253 Advanced Managerial Accounting, Questions and answers, 100% Accurate. VERIFIED.
- Exam (elaborations) • 5 pages • 2023
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Available in package deal
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- $9.49
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WGU C253 Advanced Managerial 
Accounting, Questions and answers, 
100% Accurate. VERIFIED. 
Material Overhead Rate (Labor Hours) - -Estimated Overhead/Estimated Labor Hours 
Cost Per Part - -(Direct Materials + Direct Labor + (overhead rate * amount of overhead))/units 
COGS - -(Beg. Materials+Purchased Materials+End Materials)+Direct Labor+(Overhead for 
Labor)+(Beg work in process-End work in process) 
Predetermined Overhead Rate - -Estimated total manufacturing overhead/Estimated total amo...
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(Top QUALITY 2024/2025 EXAM REVIEW) WGU C253 Advanced Managerial Accounting, Exam Questions and answers, Rated A+. VERIFIED. 2000 underapplied
- Exam (elaborations) • 24 pages • 2023
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WGU C253 Advanced Managerial 
Accounting, Exam Questions and 
answers, Rated A+. VERIFIED. 
2000 underapplied 
900 
(Debit COGS by 200 and credit MOH) 
16600 
(debit MOH 2000 and credit COGS 2000) 
$42.00 per machine-hour 
$359,520 
$(1520) 
$3.40 per machine-hour 
$5094 
$134,000 
151000 
Legal Services 
$3 / machine hour 
$4 
142,000 
Equivalent Units of Production: Material 9140 / Conversion 8650 
Cost per equivalent unit: Material 10.514 / Conversion $17.422 
Cost of units completed and tr...
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WGU C253 Managerial Accounting, Exam Review Questions. Latest update, VERIFIED 2024
- Exam (elaborations) • 9 pages • 2023
- Available in package deal
-
- $11.49
- + learn more
Pre-determined overhead rate formula - -projected overhead costs / expected activity base 
applied overhead formula - -pre-determined overhead rate x actual units of allocation based (such as 
direct labor hours) 
Under/over applied overhead rate = - -actual MOH - applied MOH 
Job cost = - -Direct materials + direct labor + applied MOH + (beg wip - ending wip) 
Cost of good sold = - -cost of goods manufactured + (beginning finished goods - ending finished 
goods) 
adjusted cost of goods sold = -...
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