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Data table Lancaster Plastics 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. The company also reports on the percentage of recycled-content as a total of plastics used each month on its own internal reporting system to help to encourage managers to use recycled content whenever possible. Lancaster 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 Lyon County: Lancaster Plastics 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 Lyon County job. recycled-content, does the job meet that requirement? First enter the formula, then calculate the percentage of recycled content. If items purchased by Lyon County are required by county charter to contain at least 40% recycled-content, does the job meet that requirement? meet that requirement. Yes, this job does No, this job does not meet the