Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
please show steps and how to so I can understand :) IST FURT ULU) Mohanad Alsunbul 02/03/20 8:31 PM Homework: Chapter 3 Homework (required) Save
please show steps and how to so I can understand :)
IST FURT ULU) Mohanad Alsunbul 02/03/20 8:31 PM Homework: Chapter 3 Homework (required) Save 5 of 9 (8 complete) HW Score: 86.52%, 7.79 of 9 pts Score: 0 of 1 pt E3-22A (similar to) Question Help od Lincoln Plastics manufactures custom park furniture and signage from recycled plastics (primarily shredded milk jugs) Many of the company's customers are municipalities that are required by law to purchase goods that meet certain recycled-content guidelines (Recycled-content can include post-consumer waste materials, pre-consumer waste materials, and recovered materials.) As a result, Lincoln includes two types of direct material charges in its job cost for each job: (1) virgin materials (non-recycled), and (2) recycled content materials (Click the icon to view the additional data) Read the requirements Requirement 1. Calculate the total cost of the Osage County job Osage County Job Total job cost inty med vor each job. (virgin materials (non-recycled), and (2) recycled-content materials. view the additional data.) ulate th * Requirements X Calculate the total cost of the Osage County job. Calculate the percentage of recycled-content used in the Osage County job (using pounds). If items purchased by Osage County are required by county charter to contain at least 40% recycled-content, does this job meet that requirement? Print Done ist or enter any number in the input fields and then click Check Answer. LEVIC materials, pre-consumer waste materials, and recovered materials.) As a result, Lincoln includes two types of or each iob(11Mirain materials (non-recycled) and (2) recycled.content materials. ew the i Data Table ate th Lincoln also keeps track of the pounds of each type of direct material so that the final recycled-content percentage for the job can be reported to the customer. Lincoln also reports on the percentage of recycled-content as a total of total plastic used each month in its own internal reporting system to help to encourage managers to use recycled-content whenever possible. Lincoln Plastics uses a predetermined manufacturing overhead rate of $8 per direct labor hour. Here is a summary of the materials and labor used on a recent job for Osage County Description Virgin materials Recycled-content materials Direct labor Quantity 30 pounds 70 pounds Cost $3.50 per pound $2 90 per pound $19.00 per hour 15 hours Print Done
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6685caf672417_2776685caf5c428c.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6685caf771c01_2786685caf6b8558.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6685caf8733b9_2796685caf7b5dc5.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started