Walters Co. has provided the following information for last year: Gallons input ??? Labor costs 10,000 @$20/hrOverhead costs$250,000 Gallons finished 16,000 @selling price of $55/gallonTotal factor productivity 1.1733 The total material cost (rounded) is:
A. $200,000.
B. $293,325.
C. $582,500.
D. $300,021.
Answer: D
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