Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(in thousands) Last Year This Year $ $ 120 10 70 0 0 70 20 150 20 80 100 40 90 130 Prevention costs: Machine

image text in transcribed
image text in transcribed
image text in transcribed
(in thousands) Last Year This Year $ $ 120 10 70 0 0 70 20 150 20 80 100 40 90 130 Prevention costs: Machine maintenance Training suppliers Quality circles Total prevention cost Appraisal costs: Incoming inspection Final testing Total appraisal cost Internal failure costs: Rework Scrap Total internal failure cost External failure costs: Warranty repairs Customer returns Total external failure cost Total quality cost Total production cost 50 40 90 130 70 200 90 320 410 670 30 80 110 $ $ 590 $ 4,200 $ 4,800 Required: 1. Expand the company's quality cost report by showing the costs in both years as percentages of both total production cost and total quality cost. (Round your percentage answers to 1 decimal place (I.e 0.1234 should be entered as 12.3).) Mercury, Inc. Poste Total Quality Cos Total Production Cost Amount Toll Production Cost Total Quality to $ % % $ 120 % % 70 0 10 0 20 150 70 0.0 0.0 0.0 00 40 20 80 90 100 0.0 0.0 130 0.0 00 Prevention costs: Machine maintenance Training suppliers Quality circles Total prevention costs Appraisal costs: Incoming inspection Final testing Total appraisal costs Internal failure costs: Rework Scrap Total internal failure costs External failure costs: Warranty repairs Customer returns Total external failure costs Total quality cost Total production cost 50 130 70 40 90 0.0 0.0 200 0.0 0.0 90 30 80 320 0.0 0.0 110 590 0.0 0.0 0.0 0.0 0.0 0.0 410 670 4.200 $ $ $ 4.800 $

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

AML Auditing Understanding Foreign Exchange What Every AML KYC Auditor Should Know

Authors: Bob Walsh

1st Edition

1539576248, 978-1539576242

More Books

Students also viewed these Accounting questions

Question

=+18.7. Reconsider Problem 12.12.

Answered: 1 week ago

Question

What are the APPROACHES TO HRM?

Answered: 1 week ago