Magnum Co. has provided the following information for last year:
$\begin{array}{ccc}

\text { Gallons input } &20,000 & \text { @ \$15/gallon }\
\text { Labor costs }&???\
\text { verhead costs } &\$250,000 & \
\text { Jallons finished } &16,000 &\text { @ selling price of } \$ 55 / \text { gallor } \
\text { tal factor productivity } & 1.173 & \

\end{array}$

The total labor cost (rounded) is:
A) $293,325.
B) $482,500.
C) $468,750.
D) $200,021.

Question

Magnum Co. has provided the following information for last year:
$\begin{array}{ccc}

\text { Gallons input } &20,000 & \text { @ \$15/gallon }\
\text { Labor costs }&???\
 \text { verhead costs } &\$250,000 & \
 \text { Jallons finished } &16,000 &\text { @ selling price of } \$ 55 / \text { gallor } \
 \text { tal factor productivity } & 1.173 & \

\end{array}$

The total labor cost (rounded) is:
A) $293,325.
B) $482,500.
C) $468,750.
D) $200,021.

Quizplus · Accepted Answer

The Answer of Magnum Co. has provided the following information for last year:
$\begin{array}{ccc}

\text { Gallons input } &20,000 & \text { @ \$15/gallon }\
\text { Labor costs }&???\
 \text { verhead costs } &\$250,000 & \
 \text { Jallons finished } &16,000 &\text { @ selling price of } \$ 55 / \text { gallor } \
 \text { tal factor productivity } & 1.173 & \

\end{array}$

The total labor cost (rounded) is:
A) $293,325.
B) $482,500.
C) $468,750.
D) $200,021.

Magnum Co Has Provided the Following Information for Last Year