Use the information below to answer the following question(s) .Canadian Oil Company manufactures cooking oils.All direct materials are added at the beginning of the production process.The company currently uses the FIFO method.Data for the month of July is listed below. 
-What is the amount of goods transferred-out during the month assuming no labour or conversion costs?
Definitions:
Marginal Product
The increase in output resulting from a one-unit increase in the input of a production factor, holding all other inputs constant.
Marginal Product
The additional output resulting from one more unit of a given input, holding all other inputs constant.
Average Product
The output per unit of input, measured by dividing the total product by the quantity of input.
Average Product
The output per unit of input, calculated by dividing total production by the number of units of input.
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