Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Nuke-It-Now manufactures microwave ovens. The following represents the financial Information from one of its manufacturing plants for two years. Year 1 Year 2 Sales $3,468,882
Nuke-It-Now manufactures microwave ovens. The following represents the financial Information from one of its manufacturing plants for two years. Year 1 Year 2 Sales $3,468,882 $3,998,888 Costs Redesign process $ 32,000 $ 36,200 Discard defective units 37,900 43,200 Training on equipment 249,880 212, eee Warranty claims 132,000 177,eee Contract cancellations 197,000 151,600 Rework 71,000 94,000 Preventive maintenance 189,089 151, eee Product liability claims 296,080 175, eee Final inspection 196.000 283, eee Required: a. Classify these items Into Prevention, Appraisal, Internal fallure, or External failure costs. b. Calculate the ratio of the prevention, appraisal, Internal failure, and external failure costs to sales for year 1 and year 2 Complete this question by entering your answers in the tabs below. Required A Required B Classify these items into Prevention, Appraisal, Internal failure, or External failure costs. Category Activity Redesign process Discard defective units Training on equipment Warranty claims Contract cancellations Rework Preventive maintenance Product liability claims Final inspection Recent
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started