Environmental Cost Report

Verde Company reported operating costs of $60,000,000 as of December 31, 2015, with the following environmental costs:

Testing for contamination

$ 1,440,000

Inspecting products

1,200,000

Treating toxic waste

2,040,000

Obtaining ISO 14001 certification

1,080,000

Designing processes

960,000

Cleaning up oil spills

4,560,000

Maintaining pollution equipment

1,140,000

Cleaning up contaminated soil

7,080,000

1. Prepare an environmental cost report, classifying costs by quality category and expressing each as a percentage of total operating costs. Round percentages to two decimal places, if rounding is required. For example, 5.79% would be entered as "5.79".

Verde Company
Environmental Cost Report
For the Year Ended December 31, 2015
		Environmental Cost		Total Environmental Cost		Percentage of Operating Costs
Prevention costs:
		$
				$		%
Detection costs:
		$
						%
Internal failure costs:
		$
						%
External failure costs:
		$
						%
Total quality costs				$