Cavanaugh Co. has provided the following information for last year: Gallons input ??? @ $20/gallon Labor costs 6,250 @ $20/hr Overhead costs $ 181,492 Gallons finished 10,400 @ selling price of $55/gallon Total factor productivity 1.1032 The total number of gallons input (rounded) is: Multiple Choice 10,600 gallons. 212,000 gallons. 9,200 gallons. 8,050 gallons.
Cavanaugh Co. has provided the following information for last year: Gallons input ??? @ $20/gallon Labor costs 6,250 @ $20/hr Overhead costs $ 181,492 Gallons finished 10,400 @ selling price of $55/gallon Total factor productivity 1.1032 The total number of gallons input (rounded) is: Multiple Choice 10,600 gallons. 212,000 gallons. 9,200 gallons. 8,050 gallons.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Cavanaugh Co. has provided the following information for last year:
Gallons input | ??? | @ | $20/gallon | ||
Labor costs | 6,250 | @ | $20/hr | ||
$ | 181,492 | ||||
Gallons finished | 10,400 | @ | selling price of $55/gallon | ||
Total factor productivity | 1.1032 | ||||
The total number of gallons input (rounded) is:
Multiple Choice
-
10,600 gallons.
-
212,000 gallons.
-
9,200 gallons.
-
8,050 gallons.
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