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Monet Co. has provided the following information for last year: Gallons input 17,000 @ $3/gallon Labor hours ??? Overhead costs $ 247,000 Gallons finished 13,000
Monet Co. has provided the following information for last year:
| Gallons input | 17,000 | @ $3/gallon |
| Labor hours | ??? | |
| Overhead costs | $ 247,000 | |
| Gallons finished | 13,000 | @ selling price of $104/gallon |
| Total factor productivity | 2.7133 |
The total labor cost (rounded) is:
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