PFA Ltd Uses a Throughput Costing System and Reported the Following

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
Total period costs reported on PFA's throughput costing income statement were

A) $1,400
B) $1,200
C) $2,310
D) $1,980