Figure 14-9 As part of its environmental cost reporting system, Jesse Company tracks its total environmental costs.Consider the cost and sales data given:

-Refer to Figure 14-9.What is the environmental costs as a percentage of sales for 2013?

Question

Figure 14-9 As part of its environmental cost reporting system, Jesse Company tracks its total environmental costs.Consider the cost and sales data given:
 
-Refer to Figure 14-9.What is the environmental costs as a percentage of sales for 2013?

Quizplus · Accepted Answer

To calculate the environmental costs as a percentage of sales for 2013, we need to divide the total environmental costs for 2013 by the total sales for 2013 and multiply by 100.

Environmental costs as a percentage of sales for 2013 = (Total environmental costs for 2013 / Total sales for 2013) x 100

= (1,200,000 / 15,000,000) x 100

= 8%

Therefore, the answer is option C, 8%.

Figure 14-9 as Part of Its Environmental Cost Reporting System