70.2K

Verified Solution

Link Copied!

Lamy Plastics manufactures custom park furniture and signage from recycled plastic primarily shredded milk) Many of the company's customers are municipaises that are required by low to purchase goods that most certain recycled content guidelines (Recycled content can include poil consumer waste materials, pre-consumer waste materials, and recovered materials. As a resu, Lavey includes two types of direct material changes in its jobcent for each (1) virgin materials (non-recycled, and (2) recycled content materials Cick the icon to vw the additional data) Read the recents Data Table Requirement 1. Calculate the cost of the Norton County job. Norton County Job Manufacturing overhead located Laney also keep track of the pounds of each type of direct also that the Direct aber final recycled content portentage for the job can be reported to the customer Larrey is reports on the percentage of recycled content as a total of the Mandacturing overhead located plastie sed each month in its own internal reporting system to help to encourage managers to users content whenever pouble Lamy Poses a Totaljobs predetermined mancturing overhead rate of 56 per direct labor hou. Here is a summary of the materials and bor used on a recent for Norton County Requirement 2. Calculate the percentage of recycled content used in the Norton County job (using pounds) Quantity Description Cost First enter the formula, then calculate the percentage of recycled-content Virgin material 60 pounds $360 por pound Percentage of recycled content Recycled content materials 140 pounds $2.90 per pound 10 hours $14.00 per hour If items purchased by Norton County are required by county charter to contain at least 40% recycled content, donio meet the requirement Print moet that requirement Done Yes, this job does No this job o no Choose from any list or enter any number in the input fields and then continue to the next question MacBook Pro

Answer & Explanation Solved by verified expert

See Answer