C253 accounting Study guides, Class notes & Summaries
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WGU C253 OA ADVANCED MANAGERIAL ACCOUNTING FINAL EXAM PRACTICE 2024 /QUESTIONS WITH CORRECT DETAILED ANSWERS AND ELABORATIONS/A+
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WGU C253 OA ADVANCED MANAGERIAL ACCOUNTING FINAL EXAM PRACTICE 2024 /QUESTIONS WITH CORRECT DETAILED ANSWERS AND ELABORATIONS/A+ 
 
1.	Which type of business should use process costing? 
 
a)	Accounting firm 
 
b)	Dentist office 
 
c)	Oil refinery 
 
d)	Custom home builder 
 
 
 
2.	A company had 1,000 units in beginning work in process, 80% complete for materials and 30% complete for conversion. During the period,10,000 units were started. At the end of the month, 700 units were in ending work ...
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WGU C253 Advanced Managerial Accounting, Exam Questions and answers, Rated A+. VERIFIED 2024 | 24 Pages
- Exam (elaborations) • 24 pages • 2023 Popular
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WGU C253 Advanced Managerial 
Accounting, Exam Questions and 
answers, Rated A+. VERIFIED
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WGU C253 ADVANCED MANAGERIAL ACCOUNTING2024-2026| 300 EXAM QUESTIONS AND ANSWERS, RATED A
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WGU C253 ADVANCED MANAGERIAL ACCOUNTING| 300 EXAM 
QUESTIONS AND ANSWERS, RATED A
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WGU C253 ADVANCED MANAGERIAL ACCOUNTING, EXAM QUESTIONS AND ANSWERS, RATED A+. VERIFIED 2024 |
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WGU C253 ADVANCED MANAGERIAL ACCOUNTING, 
EXAM QUESTIONS AND ANSWERS, RATED A+. 
VERIFIED 2024 |
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WGU C253 Advanced Managerial Accounting, Exam Questions and answers, Rated A+. VERIFIED
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WGU C253 Advanced Managerial 
Accounting, Exam Questions and 
answers, Rated A+. VERIFIED
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C253 Advanced Managerial Accounting PREASSESSMENT EXAM SOLUTIONS 2024/QUESTIONS WITH CORRECT DETAILED ANSWERS WITH CALCULATIONS/A+ GRADE
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C253 Advanced Managerial Accounting PREASSESSMENT EXAM SOLUTIONS 2024/QUESTIONS WITH CORRECT DETAILED ANSWERS WITH CALCULATIONS/A+ GRADE 
#1 
Which industry uses job-order costing? 
	Legal Services 
 
 
# 2 
A corporation applies overhead based upon machine hours to build custom sailboats. At the beginning of the year, they budgeted the following costs to make 50,000 units using 100,000 machine hours: 
Wages of employees who build the sailboats	$50,000 Advertising	$50,000 
Aluminum mast installe...
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C253 Advanced Managerial Accounting PREASSESSMENT EXAM SOLUTIONS 2024/QUESTIONS WITH CORRECT DETAILED ANSWERS WITH CALCULATIONS/A+ GRADE
- Exam (elaborations) • 35 pages • 2024
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C253 Advanced Managerial Accounting PREASSESSMENT EXAM SOLUTIONS 2024/QUESTIONS WITH CORRECT DETAILED ANSWERS WITH CALCULATIONS/A+ GRADE 
#1 
Which industry uses job-order costing? 
	Legal Services 
 
 
# 2 
A corporation applies overhead based upon machine hours to build custom sailboats. At the beginning of the year, they budgeted the following costs to make 50,000 units using 100,000 machine hours: 
Wages of employees who build the sailboats	$50,000 Advertising	$50,000 
Aluminum mast installe...
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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 ADVANCED MANAGERIAL ACCOUNTING, EXAM QUESTIONS AND ANSWERS, RATED A+. VERIFIED 2024 |
- Exam (elaborations) • 18 pages • 2024
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WGU C253 ADVANCED MANAGERIAL ACCOUNTING, 
EXAM QUESTIONS AND ANSWERS, RATED A+. 
VERIFIED 2024 |
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C253 Advanced Managerial Accounting with complete solution
- Exam (elaborations) • 4 pages • 2023
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C253 Advanced Managerial Accounting with complete solution
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