Rejuv Metal Recycling and Salvage receives the opportunity to salvage scrap metal and other materials from an old industrial site. The current owners of the site will sign over the site to Rejuv at no cost. Rejuv intends to extract scrap metal at the site for 24 months, and then will clean up the site, return the land to useable condition, and sell it to a developer. Projected costs associated with the project follow: (Click the icon to view the project costs.) Read the requirements. Data Table Requirement 1. Assuming that Rejuv expects to salvage 60,000 tons of metal from the site, what is the total project life cycle cost? Total Life-Cycle Costs Fixed Variable Variable costs: Months 1-24 Metal extraction and processing $6,500 per month $115 per ton Metal extraction and processing Months 1-27 Rent on temporary buildings $5,500 per month Fixed costs: Administration $9,500 per month Metal extraction and processing Months 25-27 Clean-up $34,000 per month Land restoration $717,000 total Rent on temporary buildings Cost of selling land $120,000 total Administration Clean-up Print Done Land restoration Selling land Total life-cycle cost Requirement 2. Suppose Rejuv can sell the metal for $200 per ton and wants to earn a profit (before taxes) of $70 per ton. At what price must Rejuv sell the land at the end of the project to achieve its target profit per ton? The life-cycle operating income Rejuv wants to earn is Now complete the projected life-cycle income statement to determine at what price Rejuv must sell the land at the end of the project to achieve its target profit per ton. Projected Life Cycle Income Statement ? Choose from any list or enter any number in the input fields and then continue to the next