The Cost C in Dollars of Removing P % of the Air

question 53

Multiple Choice

The cost C in dollars of removing p % of the air pollutants in the stack emissions of a utility company is modeled by the equation below. Determine the percent of air pollutants in the stack emissions that can be removed for $\$ 480,000$ . $$\mathrm { C } = \frac { 160,000 p } { 100 - p }$$

• A) \(75 \%\)
• B) \(79 \%\)
• C) \(68 \%\)
• D) \(62 \%\)
• E) \(45 \%\)

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Definitions:

Particular Product

A specific item or commodity that is produced or sold by a business.

Last Month

Refers to the month immediately preceding the current month, used in reporting and analysis to compare recent performance or activity.

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost multiplied by the actual quantity of materials used.

Materials Quantity Variance

This variance measures the difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit of material.