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At the Beginning of the Year, Lombardi Company Initiated an Environmental

question 73

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At the beginning of the year, Lombardi Company initiated an environmental cost reduction program. To help assess the impact of the environmental cost reduction improvement program, the following data was collected for the current and preceding year:  Freceding Year  Current Year  Operating costs $4,500,000$4,500,000 Designing products 3,0004,500 Auditing environmental activities 7,50012,000 Recycling scrap 60,00045,000 Disposing of toxic waste 120,00075,000 Testing for contamination 15,00030,000 Cleaning up oil spills 105,00082,500\begin{array}{lrr}&\text { Freceding Year }&\text { Current Year }\\\text { Operating costs } & \$ 4,500,000 & \$ 4,500,000 \\\text { Designing products } & 3,000 & 4,500 \\\text { Auditing environmental activities } & 7,500 & 12,000 \\\text { Recycling scrap } & 60,000 & 45,000 \\\text { Disposing of toxic waste } & 120,000 & 75,000 \\\text { Testing for contamination } & 15,000 & 30,000 \\\text { Cleaning up oil spills } & 105,000 & 82,500\end{array} For the current year, internal failure costs are what percentage of operating costs?

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Definitions:

Virtual Community

A group of people interacting and forming relationships online, based on common interests or goals, rather than physical proximity.

Socialization

The method through which people acquire and assimilate the standards, values, actions, and social competencies relevant to their community.

Significant Other

A person of great importance in one's life, typically a romantic or life partner.

Generalized Other

A concept in sociology that refers to the general notion that a person has of the common expectations and attitudes in society.

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