I28-25

Question

At Skyline Construction, project materials represented 38% of its annual project costs of $925,000,000 in 2023. Due to new environmental regulations and a shift toward sustainable building, project materials will account for 42% of total project costs in 2024, while total project costs are expected to decrease by 3%. Within project materials expenses, raw materials consistently make up 85% of costs, while recycling and waste management account for the remaining 15%.
 
In the table, select for  Raw Materials Cost for 2024  the approximate projected cost devoted to raw materials, and select for  Recycling/Waste Management Cost for 2024  the approximate projected cost devoted to recycling and waste management. Make only two selections, one in each column.

Bunuel · Answer

Official Solution:

Total project costs for 2024 = $925,000,000 * (1 - 0.03) ≈ $900,000,000
 
Project materials for 2024 = $900,000,000 * 0.42 ≈ $380,000,000
 
• Raw materials = $380,000,000 * 0.85 ≈ $320,000,000
 
• Recycling/waste = $380,000,000 * 0.15 ≈ $57,000,000
 
Thus, the approximate costs are:
 
• Raw materials cost: $320,000,000
 
• Recycling/waste management cost: $57,000,000

Correct answer:

Raw Materials Cost for 2024  "$320,000,000 "

Recycling/Waste Management Cost for 2024  "$57,000,000 "

I28-25

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My Rewards

Raw Materials Cost for 2024	Recycling/Waste Management Cost for 2024
		$375,000,000
		$340,000,000
		$320,000,000
		$70,000,000
		$57,000,000