Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality $ 78,000 Quality data gathering,

1) Fabrick Company's quality cost report is to be based on the following data:

Lost sales due to poor quality $ 78,000

Quality data gathering, analysis, and reporting $ 23,000

Net cost of spoilage $ 88,000

Re-entering data because of keying errors $ 98,000

Test and inspection of in-process goods $ 24,000

Final product testing and inspection $ 78,000

Statistical process control activities $ 49,000

Returns arising from quality problems $ 16,000

Downtime caused by quality problems $ 26,000

What would be the total prevention cost appearing on the quality cost report?

A) $101,000

B) $72,000

C) $73,000

D) $96,000

2) Fabrick Company's quality cost report is to be based on the following data:

Lost sales due to poor quality $ 78,000

Quality data gathering, analysis, and reporting $ 23,000

Net cost of spoilage $ 88,000

Re-entering data because of keying errors $ 98,000

Test and inspection of in-process goods $ 24,000

Final product testing and inspection $ 78,000

Statistical process control activities $ 49,000

Returns arising from quality problems $ 16,000

Downtime caused by quality problems $ 26,000

What would be the total appraisal cost appearing on the quality cost report?

A) $122,000

B) $174,000

C) $104,000

D) $102,000

3) Fabrick Company's quality cost report is to be based on the following data:

Lost sales due to poor quality $ 78,000

Quality data gathering, analysis, and reporting $ 23,000

Net cost of spoilage $ 88,000

Re-entering data because of keying errors $ 98,000

Test and inspection of in-process goods $ 24,000

Final product testing and inspection $ 78,000

Statistical process control activities $ 49,000

Returns arising from quality problems $ 16,000

Downtime caused by quality problems $ 26,000

What would be the total internal failure cost appearing on the quality cost report?

A) $212,000

B) $166,000

C) $122,000

D) $114,000

4) Fabrick Company's quality cost report is to be based on the following data:

Lost sales due to poor quality $ 78,000

Quality data gathering, analysis, and reporting $ 23,000

Net cost of spoilage $ 88,000

Re-entering data because of keying errors $ 98,000

Test and inspection of in-process goods $ 24,000

Final product testing and inspection $ 78,000

Statistical process control activities $ 49,000

Returns arising from quality problems $ 16,000

Downtime caused by quality problems $ 26,000

What would be the total external failure cost appearing on the quality cost report?

A) $94,000

B) $480,000

C) $104,000

D) $306,000

5) Santoyo Corporation keeps careful track of the time required to fill orders. Data

concerning a particular order appear below:

-----------------------------------Hours

Wait time 28.0

Process time 1.0

Inspection time 0.4

Move time 3.2

Queue time 5.1

The delivery cycle time was:

A) 8.3 hours

B) 3.2 hours

C) 37.7 hours

D) 36.3 hours

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Steps To Forensic Auditing And Fraud Investigation

Authors: Enape Victoria Ayishetu

1st Edition

1669867048, 978-1669867043

More Books

Students also viewed these Accounting questions

Question

Classify delivery styles by type.

Answered: 1 week ago