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Courses and Certificates WGU Accounting for Decision Makers C213 VAC2

WGU Accounting for Decision Makers C213 VAC2

Last Update May 30, 2026
Total Questions : 69

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Questions 2

A company plans to purchase inventory for the second half of a year as follows:

July = $100,000

August = $75,000

September = $225,000

October = $125,000

November = $250,000

December = $30,000

The company usually pays 50% of inventory purchases in the month of purchase, 35% in the following month, and 15% in the second month.

What are the forecasted October cash payments based on this information?

Options:

A.  

$18,750

B.  

$62,500

C.  

$78,750

D.  

$152,500

Discussion 0
Questions 3

What is a cost incurred as part of the production process?

Options:

A.  

Sunk cost

B.  

Opportunity cost

C.  

Raw materials cost

D.  

Period cost

Discussion 0
Questions 4

A company budgeted the following purchases for raw materials:

January = $10,000

February = $20,000

March = $25,000

April = $22,000

May = $27,000

June = $30,000

July = $24,000

The company has a policy of paying for 40% of purchases in the month of the purchase, 35% in the month following the purchase, and 25% in the second month following the purchase.

What are the budgeted cash disbursements for May based on this information?

Options:

A.  

$18,500

B.  

$24,750

C.  

$25,050

D.  

$27,300

Discussion 0
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Questions 5

A company allocates overhead based on the number of shoes produced.

The company estimates the following costs and shoe production for the upcoming year:

Estimated total overhead = $1,250,000

Estimated number of shoes = 4,000,000

Actual overhead = $1,350,000

Actual number of shoes = 4,100,000

What is the predetermined overhead rate?

Options:

A.  

$0.313

B.  

$0.329

C.  

$0.343

D.  

$0.375

Discussion 0

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