R-Cubed manufactures custom playground equipment from recycled plastics for city school districts. The school districts are required to use a certain percentage of recycled materials to comply with its state grants. As a result, R-Cubed tracks both virgin (non-recycled) and recycled materials used to manufacture its playground equipment. R-Cubed uses a predetermined manufacturing overhead rate of $7.30 per direct labor hour.
Here is a summary of the materials and labor used on a recent job for Stow City Schools:
Calculate the percentage of recycled-content used in the Stow City Schools job (using pounds) .
A) 65%
B) 35%
C) 183%
D) 55%
Correct Answer:
Verified
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