PFA Corporation Uses a Throughput Costing System and Reported the Following

question 92

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 total throughput product cost incurred was:

• A)$490
• B)$1,400
• C)$420
• D)$1,200

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Definitions:

Self-Fulfilling Prophecy

An anticipation that, because of a loop of positive interaction between behavior and belief, causes its own fulfillment either directly or indirectly.

Rarely Asks

Refers to individuals or entities that infrequently seek information, clarification, or assistance from others.

Strong Performer

An individual or entity that consistently exceeds expectations and achieves superior outcomes in their tasks or responsibilities.

Low Consensus

A situation where there is little agreement among members of a group or among different groups.