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Houston Oil Company uses a process costing system with two departments: (a) the Refining Department and (b) the Packaging Department. During June, its first month
Houston Oil Company uses a process costing system with two departments: (a) the Refining Department and (b) the Packaging Department. During June, its first month of operations, the company manufactured and sold 650,000 gallons of motor oil, generating total revenue of $3,845,000. The company incurred the following manufacturing costs in June: Refining Department Packaging Department Direct materials $ 770,000 $ 192,500 Direct labor 220,000 55,000 Manufacturing overhead 957,000 110,000 Required: (C) How much was the per-unit cost per case transferred to finished goods in June? (Round your final answer to one decimal place.)
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