You are given the following environmental quality-related costs: ...
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Accounting
You are given the following environmental quality-related costs:
Employee training
$
110,000
Product design
150,000
Supplier certification
45,000
Process inspection
325,000
Depreciationpollution-control equipment
410,000
Maintain pollution-control equipment
210,000
Clean up polluted lake
510,000
Restore land after use
710,000
Property damage claim
610,000
Required:
1. Prepare a cost-of-quality (COQ) report of environmental management for the year. Determine subtotals for each of the four reporting categories, and express each subtotal as a percentage of total operating expenses ($10,000,000) for the year. (Hint: Classify the pollution-control costs as internal failure costs, under the assumption that the process pollutes and that the pollution-control equipment used by the company controls the release of pollutants into the environment.) (Round your percentage answers to 1 decimal place.)
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