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Plastic Tables manufacture using a combination of new and recycled plastic. Varying amounts of each...

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Accounting

Plastic Tables manufacture using a combination of new and recycled plastic. Varying amounts of each type of plastic can be used to produce a batch of 10 tables. Here is a list of various combinations of recycled and new plastic required to produce one batch of 10 tables.

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Pounds of New and Recycled Plastic Required to Manufacture One Batch of 10 Tables New plastic costs $20 per pound and recycle plastic costs $15 per pound. The manufacturing department is minimizing the cost per batch of 10 tables. Questions: (a) How much is the lowest total cost of New Plastic and Recycled Plastic? (b) The overhead is allocated to table manufacturing department based on the number of pounds of recycled plastic used to charge \$40 of plant overhead How much is the lowest total cost of New Plastic, Recycled Plastic, and plant overhead? Use the answer at (a) and (b) nicely. (a) (b) Total cost of Overhead CostTotal Cost Pounds of Pounds of New Plastic and For Recycled Including New PlasticRecycled PlasticNew Plasticrecycled PlasticRecycled PlasticPlastic Overhead

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