Please post solution as same format in question. Thanks Activity-Based Environmental Cost AssignmentsShultz Company had the following environmental activities and product information:1. Environmental activity costsActivityDesign products (to reduce pollution)Test for contaminationTreat toxic wasteOperate pollution control equipment2. Driver dataDesign hoursTesting hoursPounds of wasteMachine hours3. Other production dataCleanser X4,8008,5001,0004,800Cleanser X$5,340,000600,000$Costs$216,000384,0001,200,000960,000Cleanser Y4,20015,50029,000115,200Cleanser Y$9,000,000600,000Nonenvironmental production costsUnits producedRequired:1. Calculate the activity rates that will be used to assign environmental costs to products.Design productsper design hourTestingper test hourTreating wasteper pound of wasteOperating equipmentper machine hour2. Determine the unit environmental and unit costs of each product using ABC. If required, round your answers to the nearest cent.ActivitiesCleanser XCleanser YUnit environmental costUnit cost3. What if the design costs increased to $306,000 and the cost of toxic waste decreased to $600,000? Assume that Cleanser Y uses 8,400 out of 16,800 design hours. Also assume that waste is cut by 50 percent and that Cleanser Y is responsible for 11,400 of 12,000 pounds oftoxic waste. What is the new environmental cost for Cleanser Y? If required, round your intermediate calculations and answer to the nearest cent.$per unit

In this question, we will calculate the activity rates and the cost.

ltz Company had the following environmental activities and product information: Environmental activity costs ivity sign products (to reduce pollution) t for contamination at toxic waste erate pollution control equipment Driver data sign hours ting hours Cleanser X 4,800 8,500 Costs $ 216,000 384,000 1,200,000 960,000 Cleanser Y 4,200 15,500

ltz Company had the following environmental activities and product information: Environmental activity costs ivity sign products (to reduce pollution) t for contamination at toxic waste erate pollution control equipment Driver data sign hours ting hours Cleanser X 4,800 8,500 Costs $ 216,000 384,000 1,200,000 960,000 Cleanser Y 4,200 15,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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