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Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: Materiale $2,142,000 183,600 734,400 Labor Hanufacturing overhead The Green plant produced 1,275,000 gallons in June. The plant never has any beginning or ending inventories. Required: Compute the cost per gallon of liquid cleaner produced in June. (Round your answer to 2 decimal places.) Cost per gallon

Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: Materiale $2,142,000 183,600 734,400 Labor Hanufacturing overhead The Green plant produced 1,275,000 gallons in June. The plant never has any beginning or ending inventories. Required: Compute the cost per gallon of liquid cleaner produced in June. (Round your answer to 2 decimal places.) Cost per gallon

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute the cost per gallon of liquid cleaner produced in June. 

Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: - **Materials:** $2,142,000 - **Labor:** $183,600 - **Manufacturing overhead:** $734,400 The Green plant produced 1,275,000 gallons in June. The plant never has any beginning or ending inventories. **Required:** Compute the cost per gallon of liquid cleaner produced in June. *(Round your answer to 2 decimal places.)* --- **Explanation of Diagram:** The image does not contain any graphs or diagrams. It presents a table of costs associated with materials, labor, and manufacturing overhead required for the production of a liquid cleaner, along with a prompt to calculate the cost per gallon produced.
Transcribed Image Text:Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: - **Materials:** $2,142,000 - **Labor:** $183,600 - **Manufacturing overhead:** $734,400 The Green plant produced 1,275,000 gallons in June. The plant never has any beginning or ending inventories. **Required:** Compute the cost per gallon of liquid cleaner produced in June. *(Round your answer to 2 decimal places.)* --- **Explanation of Diagram:** The image does not contain any graphs or diagrams. It presents a table of costs associated with materials, labor, and manufacturing overhead required for the production of a liquid cleaner, along with a prompt to calculate the cost per gallon produced.
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