Norton County operated a landfill, and accounted for it as an enterprise fund. The closure and post-closure care costs are estimated to be $20,000,000. It is estimated that the capacity of the landfill is 5 million tons of waste and that waste will be accepted for 10 years. During 2017, 750,000 tons of waste was accepted by the landfill. The charge for closure and post-closure care costs for 2017 would be:

Question

Quizplus · Accepted Answer

$20,000,000 estimated costs /5 tons = $4,000,000 per ton. $4,000,000 per ton x .75 ton = $3,000,000

Norton County Operated a Landfill, and Accounted for It as an Enterprise