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Apply the Concepts Operating costs for Limpio Corporation as of December 31, Year 3 are $15,000,000. Environmental costs are as follows: Maintaining pollution equipment
Apply the Concepts Operating costs for Limpio Corporation as of December 31, Year 3 are $15,000,000. Environmental costs are as follows: Maintaining pollution equipment $200,000 Developing measures 120,000 Operating pollution equipment 600,000 Designing products 300,000 Training employees 120,000 Restoring land 1,050,000 Inspecting processes Cleaning up lake 360,000 1,650,000 Required: Prepare an environmental cost report by completing the table below (round costs to nearest dollar and percentages to two decimal places): Limpio Corporation Environmental Cost Report Prevention costs: Training employees Designing products For the Year Ended December 31, Year 3 Percentage of Environmental Costs Operating Costs %
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