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One of the Camely Chemicals' facilities manufactures a hazardous chemical. The following represents the financial information from the plant for the most recent two years:
One of the Camely Chemicals' facilities manufactures a hazardous chemical. The following represents the financial information from the plant for the most recent two years: Sales revenue Costs Redesign manufacturing process Discard defective batches Cleanup toxic spills Warranty claims Product liability claims Rework Preventive maintenance Batch testing Training on equipment Required: Year 1 $ 757,000 $ 2,990 Year 2 $ 1,197,000 $ 5,690 3,890 6,690 25,190 31,690 13,090 26,590 20,290 23,290 7,390 14,590 11,590 22,990 30,390 26,590 19,190 29,890 Construct a cost of quality report for year 1 and year 2. Note: Input all amounts as positive numbers. Round your percentage answers to 1 decimal place (i.e., .321 as 32.1). Required: Construct a cost of quality report for year 1 and year 2. Note: Input all amounts as positive numbers. Round your percentage answers to 1 decimal place (i.e., .321 as 32.1). Sales revenue Prevention: CAMELY CHEMICALS Cost of Quality Report (Percentages are Rounded) Year 1 % Year 2 % Total prevention costs Appraisal: $ 0 $ 0 Internal failure: Total internal failure costs External failure: 0 $ 0 Total external failure costs $ 0 $ 0 Total costs of quality $ 0 0.0 $ 0 0.0
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To construct a cost of quality report for Year 1 and Year 2 we need to classify the costs into four categories 1 Prevention costs 2 Appraisal costs 3 ...Get Instant Access with AI-Powered Solutions
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