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 $3,590,000 Year 2 $3,860,000
Nuke-It-Now manufactures microwave ovens. The following represents the financial information from one of its manufacturing plants for two years. Year 1 $3,590,000 Year 2 $3,860,000 $ $ Sales Costs Redesign process Discard defective units Training on equipment Warranty claims Contract cancellations Rework Preventive maintenance Product liability claims Final inspection 28,000 36,600 250,000 131,000 208,000 69,000 117,000 307,000 193,000 35,600 41,900 213,000 180,000 156,000 105,000 147,000 173,000 199,000 Required: a. Classify these items into Prevention, Appraisal, Internal failure, 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. 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 Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for year 1 and year 2. (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).).. Year 1 Year 2 Prevention Appraisal Internal failure External failure
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