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PFA Ltd Uses a Throughput Costing System and Reported the Following

question 26

Multiple Choice

PFA Ltd uses a throughput costing system and reported the following information for its first month of operations: Units produced…………………………………..140
Units sold………………………………………..120
Material cost per unit produced……………….$3.50
Conversion cost per unit produced……………$6.50
Fixed period costs per unit produced………….$6.00
Variable period costs per unit produced………$4.00
Selling price per unit…………………………$25.00
PFA's throughput contribution was

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Definitions:

Pancreas

A gland situated behind the stomach that has both exocrine functions (digestive enzyme production) and endocrine functions (insulin and glucagon production).

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A hormone produced primarily by the kidneys that regulates red blood cell production in response to oxygen levels in the body.

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A class of corticosteroids, originating from the adrenal cortex, that regulate electrolyte and water balance.

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A hormone produced by the parathyroid glands responsible for regulating calcium levels in the blood.

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