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bernie2981 bernie2981
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8 years ago
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 $7.00 per direct labor hour.

Here is a summary of the materials and labor used on a recent job for Stow City Schools:

Description   Quantity   Cost
Virgin materials   350 lbs.   $6.50 per lb.
Recycled-content materials   650 lbs.   $8.00 per lb.
Direct labor   20 hours   $15.75 per hour

Calculate the percentage of recycled-content used in the Stow City Schools job (using pounds).
A) 65%
B) 186%
C) 54%
D) 35%
Textbook 
Managerial Accounting

Managerial Accounting


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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Wow! Thank you
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