Alston Chemical Company currently operates three manufacturing plants in Colorado, Utah, and Arizona. Annual carbon emissions for these plants in the first quarter of 2018 are 170,000 metric tons per quarter (or 680,000 metric tons in 2018). Alston management is investigating improved manufacturing techniques that will reduce annual carbon emissions to below 658,000 metric tons so that the company can meet Environmental Protection Agency guidelines by 2019. Costs and benefits are as follows: E (Click the icon to view the costs and benefits.) Read the requirements. Requirement 1. If Alston reduces emissions by 2% each quarter, beginning with the second quarter of 2018, will the company reach its goal of 658,000 metric tons by the end of 2019? (Round all intermediary calculations and the amounts you input in the cells to the nearest dollar.) Begin by calculating the quarterly emissions for each quarter through the end of 2019. Quarterly emissions Requirement (metric tons) Quarter Data Table 2018 Q1 2018 Q2 Alston Management has chosen to use Kaizen budgeting to achieve its goal for carbon emissions. If Alston reduces emissions by 2% each quarter, beginning with the second quarter of 2018, will the company reach its goal of 658,000 metric tons by the end of 2019? 2018 Q3 Total cost to reduce carbon emissions $19 per metric ton reduced in 2019 below 680,000 metric tons 1. 2018 Q4 Fine in 2019 if EPA guidelines are not met $1,323,600 2019 Q1 2. What would be the net financial cost or benefit of their plan? Ignore the time value of money. 2019 Q2 Print Done 3. What factors other than cost might weigh into Alston's decision to carry out this plan? 2019 Q3 2019 Q4 Will the company reach its goal of 658,000 metric tons by the end of 2019? Print Done V reach its goal of 658,000 metric tons by the end of 2019. Requirement 2. What would be the net financial cost or benefit of their plan? Ignore the time value of money. (Use parentheses or a minus sign to show a net benefit.) Net cost (benefit) of plan Requirement 3. What factors other than cost might weigh into Alston's decision to carry out this plan? V be the company's sole motivation in carrying out this plan. Reducing carbon emissions Avoidance of the EPA fine Alston could choose to end Alston may be able to V; however, company management this plan at the end of 2019, and Alston Chemical Company currently operates three manufacturing plants in Colorado, Utah, and Arizona. Annual carbon emissions for these plants in the first quarter of 2018 are 170,000 metric tons per quarter (or 680,000 metric tons in 2018). Alston management is investigating improved manufacturing techniques that will reduce annual carbon emissions to below 658,000 metric tons so that the company can meet Environmental Protection Agency guidelines by 2019. Costs and benefits are as follows: E (Click the icon to view the costs and benefits.) Read the requirements. Requirement 1. If Alston reduces emissions by 2% each quarter, beginning with the second quarter of 2018, will the company reach its goal of 658,000 metric tons by the end of 2019? (Round all intermediary calculations and the amounts you input in the cells to the nearest dollar.) Begin by calculating the quarterly emissions for each quarter through the end of 2019. Quarterly emissions Requirement (metric tons) Quarter Data Table 2018 Q1 2018 Q2 Alston Management has chosen to use Kaizen budgeting to achieve its goal for carbon emissions. If Alston reduces emissions by 2% each quarter, beginning with the second quarter of 2018, will the company reach its goal of 658,000 metric tons by the end of 2019? 2018 Q3 Total cost to reduce carbon emissions $19 per metric ton reduced in 2019 below 680,000 metric tons 1. 2018 Q4 Fine in 2019 if EPA guidelines are not met $1,323,600 2019 Q1 2. What would be the net financial cost or benefit of their plan? Ignore the time value of money. 2019 Q2 Print Done 3. What factors other than cost might weigh into Alston's decision to carry out this plan? 2019 Q3 2019 Q4 Will the company reach its goal of 658,000 metric tons by the end of 2019? Print Done V reach its goal of 658,000 metric tons by the end of 2019. Requirement 2. What would be the net financial cost or benefit of their plan? Ignore the time value of money. (Use parentheses or a minus sign to show a net benefit.) Net cost (benefit) of plan Requirement 3. What factors other than cost might weigh into Alston's decision to carry out this plan? V be the company's sole motivation in carrying out this plan. Reducing carbon emissions Avoidance of the EPA fine Alston could choose to end Alston may be able to V; however, company management this plan at the end of 2019, and
