Walters Co. has provided the following information for last year:
$$\begin{array} { l r l }
\text { Gallons input } & ? ? ? \
\text { Labor costs } & 10,000 & @ \$ 20 / \mathrm { hr } \
\text { Overhead costs } & \$ 250,000 & \
\text { Gallons finished } & 16,000 & @ \text { selling price of } \$ 55 / \mathrm { gallon } \
\text { Total factor productivity } & 1.1733 &
\end{array}$$
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:
$$\begin{array} { l r l } 
\text { Gallons input } & ? ? ? \
\text { Labor costs } & 10,000 & @ \$ 20 / \mathrm { hr } \
\text { Overhead costs } & \$ 250,000 & \
\text { Gallons finished } & 16,000 & @ \text { selling price of } \$ 55 / \mathrm { gallon } \
\text { Total factor productivity } & 1.1733 &
\end{array}$$
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:
$$\begin{array} { l r l } 
\text { Gallons input } & ? ? ? \
\text { Labor costs } & 10,000 & @ \$ 20 / \mathrm { hr } \
\text { Overhead costs } & \$ 250,000 & \
\text { Gallons finished } & 16,000 & @ \text { selling price of } \$ 55 / \mathrm { gallon } \
\text { Total factor productivity } & 1.1733 &
\end{array}$$
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