Use the following information for the next 7 questions.
PFA Corporation uses a throughput costing system and reported the following information for its first month of operations:
-PFA's throughput cost of goods sold was
A) $420
B) $490
C) $1,200
D) $1,400

Question

Use the following information for the next 7 questions.
PFA Corporation uses a throughput costing system and reported the following information for its first month of operations: 
-PFA's throughput cost of goods sold was
A) $420 
B) $490 
C) $1,200 
D) $1,400

Quizplus · Accepted Answer

The throughput cost of goods sold is calculated as the direct material cost, which is $420.

Use the Following Information for the Next 7 Questions