Answer:
THE AMOUNT OF WASTE IS 61.8 square inches
THE PERCENT OF THE ORIGINAL STOCK THAT WAS WASTED IS 21.46
THE MATERIAL COST OF EACH CUT OUT CIRCLE IS $5.95
Step-by-step explanation:
The area of the rectangle is:

Where L is the length, and W is the width.

The area one of the cirlces is:

Where r is the radius, which measures 6 inches

The area of both circles is therefore, twice the area of one of the circles.
This is

THE AMOUNT OF WASTE IS:

THE PERCENT OF THE ORIGINAL STOCK THAT WAS WASTED IS:

The whole stock, which is 228 square inches cost $12
We want to find the cost of each cut out circle, that is 113.1
THE MATERIAL COST OF EACH CUT OUT CIRCLE IS:

The cost is $5.95