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As Part of Its Environmental Cost Reporting System,Jackson Company Tracks

Question 113

Multiple Choice

As part of its environmental cost reporting system,Jackson Company tracks its total environmental costs.Consider the cost and sales data given:  Year Total Environmental Costs  Sales Revenue  Operating Costs 20X1$3,750,000$31,250,000$25,000,00020X23,125,000$31,250,000$25,000,00020X32,750,000$31,250,000$25,000,00020X42,406.250$31.250,000$25,000,000\begin{array}{rrrr}\text { Year}&\text { Total Environmental Costs }&\text { Sales Revenue }&\text { Operating Costs }\\\hline20 \mathrm{X} 1 & \$ 3,750,000 & \$ 31,250,000 & \$ 25,000,000 \\20 \mathrm{X} 2 & 3,125,000 & \$ 31,250,000 & \$ 25,000,000 \\20 \mathrm{X} 3 & 2,750,000 & \$ 31,250,000 & \$ 25,000,000 \\20 \mathrm{X} 4 & 2,406.250 & \$ 31.250,000 & \$ 25,000,000\end{array} What are the environmental costs as a percentage of sales for 20X1?


A) 8.33%
B) 12%
C) 15%
D) 80%

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