CIMA Exam CIMAPRO19-P01-1 Topic 6 Question 89 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam

Question #: 89
Topic #: 6

A company manufactures a machine. The machine is made from two types of raw material and is assembled in a factory using skilled labour. The engine for the machine is purchased from an outside supplier.

The following costs relate to the manufacture of one machine:

What is the finished goods inventory valuation for one machine using throughput costing?

A$24.00

B$38.00

C$6.00

D$48.00

Show Suggested Answer

Suggested Answer: C

References:

by Kayleigh at May 30, 2024, 02:38 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRO19-P01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Chantell

15 hours ago

I'm not sure, but I think it might be $48.00 considering all the costs involved in manufacturing the machine.

upvoted 0 times

...

Ruby

5 days ago

I disagree, I believe it would be $38.00 because of the direct materials and direct labor costs.

upvoted 0 times

...

Vonda

6 days ago

Ah, the classic throughput costing question! Let's see, we've got two types of raw material, skilled labor, and an engine from an outside supplier. Hmm, I'm thinking B) $38.00 is the way to go here.

upvoted 0 times

...

Staci

17 days ago

I think the finished goods inventory valuation would be $24.00.

upvoted 0 times

...