Figure 14-9
As part of its environmental cost reporting system, Lamborghini 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 2018?
A) 12.5%
B) 1,250%
C) 8%
D) 72.73%

Question

Figure 14-9
As part of its environmental cost reporting system, Lamborghini 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 2018?
A) 12.5% 
B) 1,250% 
C) 8% 
D) 72.73%

Quizplus · Accepted Answer

Environmental costs as a percentage of sales for 2018 = (Environmental costs ÷ Sales) x 100%
= (800,000 ÷ 10,000,000) x 100%
= 8%

Figure 14-9 As Part of Its Environmental Cost Reporting System, Lamborghini Company