Environmental Cost Assignment Coyle Pharmaceuticals produces two organic chemicals (Org AB and Org XY) used in the production of two of its most wide-selling anti-cancer drugs. The controller and environmental manager have identified the following environmental activities and costs associated with the two products: Org AB Org XY Pounds produced 3,000,000 7,500,000 Packaging materials (pounds) 750,000 450,000 300,000 240,000 240,000 600,000 Energy usage (kilowatt-hours) Toxin releases (pounds into air) Pollution control (machine hours) Costs of activities: 150,000 30,000 Using packaging materials $1,200,000 Using energy 360,000 Releasing toxins (fines) 90,000 Operating pollution control equipment 360,000 Required: Required: 1. Calculate the environmental cost per pound for each product. Round your calculations and answers to four decimal places. Unit Cost Per Pound U Org AB Org XY Which of the two products appears to cause the most degradation to the environment? 2. In which environmental category would you classify excessive use of materials and energy? 3. Suppose that the toxin releases cause health problems for those who live near the chemical plant. The costs, due to missed work and medical treatments, are estimated at $810,000 per year. How would assignment of these costs change the unit cost? Round your calculations and answers to three decimal places. Org AB Unit Cost by $ by_$ Org XY $