Reference no: EM132692094
Question - From the following list of costs, calculate the amount of conventional environmental costs.
Equipment purchased to reduce emissions $200,000
Monitoring emissions $50,000
Estimated future costs-the need to dispose of firm's products which contain hazardous material $550,000
Estimated fines for breaching environmental regulations $500,000
Purchase of recyclable material $130,000
On-going clean-up costs $300,000
Estimate of potential liability-oil spill $600,000
Purchase of recyclable packaging materials $25,000
Estimate of lost business-adverse television publicity $110,000
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