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.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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.

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