At the end of 20x5, Alpha Pharma began to implement an environmental quality management program. As a first step, it identified the following costs in its accounting records as environmentally related for the calendar year just ended: Settling personal injury claims Treating and disposing of toxic waste Cleanup of chemically contaminated soil Inspecting products and processes Operating pollution control equipment Licensing facilities for producing contaminants Evaluating and selecting suppliers Developing performance measures Recycling products 20x5 3.000.000 12,000,000 4.500.000 1.500.000 2.100.000 900.000 300.000 150.000 187.500 Required:Prepare an environmental cost report by category. Assume that total operating costs are 150,000,000. Round percentages to two decimal places, if rounding is required.

At the end of 20x5, Alpha Pharma began to implement an environmental quality management program. As a first step, it identified the following costs in its accounting records as environmentally related for the calendar year just ended: Settling personal injury claims Treating and disposing of toxic waste Cleanup of chemically contaminated soil Inspecting products and processes Operating pollution control equipment Licensing facilities for producing contaminants Evaluating and selecting suppliers Developing performance measures Recycling products 20x5 3.000.000 12,000,000 4.500.000 1.500.000 2.100.000 900.000 300.000 150.000 187.500 Required:Prepare an environmental cost report by category. Assume that total operating costs are 150,000,000. Round percentages to two decimal places, if rounding is required.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter14: Quality And Environmental Cost Management

Section: Chapter Questions

Problem 21E: At the end of 20x5, Bing Pharmaceuticals began to implement an environmental quality management...

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