Basic Product Costing
Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow:
Materials
|
$714,000
|
Labor
|
61,200
|
Manufacturing overhead
|
244,800
|
The Green plant produced 850,000 gallons in June. The plant never has any beginning or ending inventories.
Required
Compute the cost per gallon of liquid cleaner produced in June.