PFA Corporation Uses a Throughput Costing System and Reported the Following

question 76

Multiple Choice

PFA Corporation 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 costing operating income will be:

• A)$270
• B)$600
• C)$400
• D)None of the above

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Definitions:

Development

The process of physical, cognitive, emotional, and social growth and change that occurs throughout a person's life.

Conditional Stimulus

A previously neutral stimulus that, after being paired with an unconditioned stimulus, elicits a conditioned response in classical conditioning.

Unconditional Response

Unconditional response is a term that may be intended for "unconditioned response," which is an automatic, natural reaction to a stimulus in behavioral psychology.

Conditional Response

A learned response to a previously neutral stimulus that, after becoming associated with an unconditioned stimulus, triggers a conditioned reaction.