Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BC Enterprises' quality control report for August contains the following items. Gathering ,analysis, and reporting quality data $3,000 Inspecting raw materials received from vendors 5,000

BC Enterprises' quality control report for August contains the following items. Gathering ,analysis, and reporting quality data $3,000 Inspecting raw materials received from vendors 5,000 Testing and inspecting finished products 6,000 Visiting customer sites to test products 7,000 Designing product to reduce production problems 8,000 Repairing and/or replacing products under warranty 9,000 Maintaining the equipment used to gather quality data 10,000 Cost (net) of material wasted during production 11,000 What would be the total of the prevention costs on the August quality control report for BC Enterprises? Ads by Wander BurstAd Options $26,000. $11,000. $15,000. $20,000. --------------------------------- Le Francois Company developed the following information for its first quarter cost of quality report: Sales $ 5,500,000 Cost of goods sold $ 3,261,000 Disposing of scrap $ 227,200 Quality training $ 76,000 Inspecting materials on delivery $ 272,000 Performance reviews $ 62,000 Resolving customer complaints $ 23,920 Certifying suppliers $ 131,000 The relevant percentage to be used to express internal failure activities at Le Francois is: (Round your final answer to 2 decimal places.) Ads by Wander BurstAd Options 16.54%. 28.68%. 4.13%. 9.59%. ------------------------------------------------------------- BC Enterprises' quality control report for August contains the following items. Gathering ,analysis, and reporting quality data $ 5,000 Inspecting raw materials received from vendors 7,000 Testing and inspecting finished products 8,000 Visiting customer sites to test products 9,000 Designing product to reduce production problems 6,000 Repairing and/or replacing products under warranty 10,000 Maintaining the equipment used to gather quality data 11,000 Cost (net) of material wasted during production 12,000 What would be the total of the nonconformance costs on the August quality control report for BC Enterprises? Ads by Wander BurstAd Options $22,000. $36,000. $33,000. $21,000. ---------------------------------------------------- Beta Company is preparing its annual profit plan. As part of its analysis of the profitability of its customers, management estimates that the $7,200 for sales support should be assigned to the individual customers from the information given as follows: Customer A Customer B Units Purchased 40,000 160,000 Purchase order (annual) 9 24 What is the amount of the sales support costs that should be allocated to Customer A assuming Beta uses units purchased to compute activity-based costs? Ads by Wander BurstAd Options $1,440. $6,400. $5,760. $800. ------------------------------------------------ Sullivan Inc. reports the following information about resources. At the beginning of the year, Sullivan estimated it would spend $188,000 for materials, $50,000 for purchasing, $43,000 for setups, and $53,000 for repairs. Cost Driver Rate Volume Resources used Materials $18/lb 18,750 lbs Purchasing $258/purchase order 168 purchase orders Setups $850/setup 88 setups Repairs $44/job 1,100 jobs Resources supplied Materials $206,250 Purchasing 56,250 Setups 37,500 Repairs 51,000 Compute unused resource capacity for repairs for Sullivan. Ads by Wander BurstAd Options $2,000. $2,600. $6,250. ------------------------------------------------------------ Yellow Industries decides to price delivery service according to the results of a recent activity-based costing (ABC) study. The study indicates Yellow should charge $12 per order, 5% of the order's value for general delivery costs, $4.00 per item, and $34 for delivery. A year later, Yellow collected the following information for two of its best customers: Cost driver Customer C Customer D Number of order 22 12 Number of deliveries 14 14 Number of items 2,200 4,200 Order value $140,000 $100,000 What are the total delivery costs charged to Customer D during the year? Ads by Wander BurstAd Options $17,420. $22,276. $22,420. $21,944. ----------------------------------------------------------- QC Enterprises quality control report for August contains the following items. Liability costs associated with defective products $4,000 Disposal costs of defective products failing inspection 6,000 Disposal costs of raw materials failing inspection 7,000 Quality training provided to workers 8,000 Lost sales due to poor quality and defection products 5,000 Advertising costs to offset perception of poor product quality 9,000 Raw materials used to correct defects before product was sold 10,000 Testing and inspecting a sample of finished goods 11,000 What would be the total of the internal failure costs on the August quality control report for QC Enterprises? Ads by Wander BurstAd Options $17,000. $20,000. $25,000. $16,000. ----------------------------------------------- Folly Beach Industries decides to price delivery service according to the results of a recent activity-based costing (ABC) study. The study indicates Folly Beach should charge $17 per order, 1% of the order's value for general delivery costs, $2.50 per item, and $51 for delivery. A year later, Folly Beach collected the following information for three of its customers: Cost driver Customer A Customer B Customer C Number of orders 30 20 24 Number of deliveries 22 22 36 Number of items 1,800 3,600 10,800 Order value $108,000 $72,000 $90,000 What are the total delivery costs charged to Customer C during the year? Ads by Wander BurstAd Options $29,244. $27,000. $29,736. $30,144. ----------------------------------------- BC Enterprises' quality control report for August contains the following items. Gathering ,analysis, and reporting quality data $ 5,000 Inspecting raw materials received from vendors 6,000 Testing and inspecting finished products 7,000 Visiting customer sites to test products 8,000 Designing product to reduce production problems 9,000 Repairing and/or replacing products under warranty 10,000 Maintaining the equipment used to gather quality data 11,000 Cost (net) of material wasted during production 12,000 What would be the total of the internal failure costs on the August quality control report for BC Enterprises? Ads by Wander BurstAd Options $23,000. $21,000. $11,000. $12,000. --------------------------------------------------- Le Francois Company developed the following information for its first quarter cost of quality report: Sales $ 5,590,000 Cost of goods sold $ 3,351,000 Disposing of scrap $ 236,200 Quality training $ 85,000 Inspecting materials on delivery $ 281,000 Performance reviews $ 71,000 Resolving customer complaints $ 32,920 Certifying suppliers $ 140,000 The total cost of prevention activities for Le Francois Company is: Ads by Wander BurstAd Options $296,000. $506,000. $461,200. $225,000

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

Operational Risk Management

Authors: Mark D Abkowitz

1st Edition

0470256982, 9780470256985

More Books

Students also viewed these Accounting questions

Question

An action plan is prepared.

Answered: 1 week ago