Walters Co.has provided the following information for last year:
$$\begin{array} { | l | r | l | }
\hline \text { Gallons input } & ? ? ? & \
\hline \text { Labor costs } & 10,000 & @ \$ 20 \mathrm { hr } \
\hline \text { Overhead costs } & \$ 250,000 & \
\hline \text { Gallons finished } & 16,000 & \begin{array} { l }
@ \text { selling price of } \
\$ 55 \text { gallon }
\end{array} \
\hline \begin{array} { l }
\text { Total factor } \
\text { productivity }
\end{array} & 1.1733 & \
\hline
\end{array}$$The total material cost (rounded)is:
A) $293,325.
B) $582,500.
C) $300,021.
D) $200,000.

Question

Walters Co.has provided the following information for last year: 
$$\begin{array} { | l | r | l | } 
\hline \text { Gallons input } & ? ? ? & \
\hline \text { Labor costs } & 10,000 & @ \$ 20 \mathrm { hr } \
\hline \text { Overhead costs } & \$ 250,000 & \
\hline \text { Gallons finished } & 16,000 & \begin{array} { l } 
@ \text { selling price of } \
\$ 55 \text { gallon }
\end{array} \
\hline \begin{array} { l } 
\text { Total factor } \
\text { productivity }
\end{array} & 1.1733 & \
\hline
\end{array}$$The total material cost (rounded)is:
A) $293,325.
B) $582,500.
C) $300,021.
D) $200,000.

Quizplus · Accepted Answer

The Answer of Walters Co.has provided the following information for last year: 
$$\begin{array} { | l | r | l | } 
\hline \text { Gallons input } & ? ? ? & \
\hline \text { Labor costs } & 10,000 & @ \$ 20 \mathrm { hr } \
\hline \text { Overhead costs } & \$ 250,000 & \
\hline \text { Gallons finished } & 16,000 & \begin{array} { l } 
@ \text { selling price of } \
\$ 55 \text { gallon }
\end{array} \
\hline \begin{array} { l } 
\text { Total factor } \
\text { productivity }
\end{array} & 1.1733 & \
\hline
\end{array}$$The total material cost (rounded)is:
A) $293,325.
B) $582,500.
C) $300,021.
D) $200,000.

Walters Co The Total Material Cost (Rounded)is: A) $293,325

Walters Co The Total Material Cost (Rounded)is:
A) $293,325