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Magnum Co Has Provided the Following Information for Last Year

Question 54

Multiple Choice

Magnum Co. has provided the following information for last year:
 Gallons input 20,000 @ $15/gallon  Labor costs ??? verhead costs $250,000 Jallons finished 16,000 @ selling price of $55/ gallor  tal factor productivity 1.173\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.

Correct Answer:

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