The Pollution Prevention Pays Program Was Initiated by Minnesota Mining

question 61

Multiple Choice

The Pollution Prevention Pays program was initiated by Minnesota Mining and Manufacturing (3M) in 1975. a.Which of the following are actions that have been taken by 3M as part of this program?

• A)There has been less use of hazardous raw materials.
• B)Nanotechnology has replaced heavy metals used in production.
• C)Overall waste production has not increased, but stayed level through 1998.
• D)All of these answers.
• E)Nanotechnology has replaced heavy metals used in production and nanotechnology has replaced heavy metals used in production.

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Definitions:

Departmental Predetermined Rates

Rates used to allocate departmental overhead costs, established in advance based on expected costs and activity levels.

Machine-Hours

A measurement unit representing the operational time of a machine, typically used in manufacturing to allocate costs based on usage.

Selling Price

Selling Price is the amount a buyer pays to purchase an item or service from a seller.

Predetermined Overhead Rate

An estimated charge used to apply manufacturing overhead to individual products or job orders, calculated in advance of the period.