Answer:
$2.40
Explanation:
The computation of cost per gallon as given below:-
Material = $2,142,000
Labor = $183,600
Manufacturing overhead = $734,400
Total cost = Material + Labor + Manufacturing overhead
= $2,142,000 + $183,600 + $734,400
= $3,060,000
Number of gallons produced in June = $1,275,000
Cost per Gallon = Total cost ÷ Number of gallons produced in June
= $3,060,000 ÷ $1,275,000
= $2.40
