Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer questions 1-2b. A number of activities that are part of a company's quality control system are listed below: Required: 1. Classify the costs

please answer questions 1-2b.

image text in transcribed
A number of activities that are part of a company's quality control system are listed below: Required: 1. Classify the costs associated with each of these activities into one of the following categories: prevention cost, appraisal cost, internal failure cost, or external failure cost. Internal External Prevention Appraisal Failure Failure Activities Cost Cost Cost Cost a. Product testing b . Product recalls Rework labor and overhead d. Quality circles e. Downtime caused by defects Cost of field servicing g. Inspection of goods h. Quality engineering Warranty repairs j. Statistical process control K. Net cost of scrap . Depreciation of test equipment m. Returns and allowances arising from poor quality n. Disposal of production defects O. Technical support to su p . Systems development q. Warranty replacements r. Field testing at customer site S . Quality training 2-a. Which type of costs are incurred in an effort to keep poor quality of conformance from occurring? O Internal failure costs O External failure costs O Prevention costs and appraisal costs 2-b. Which type of costs are incurred because poor quality of conformance has occurred? O Appraisal costs O Internal and external failure costs O Prevention costs

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

Computer Accounting

Authors: Donna Kay

14th Edition

007762453X, 9780077624538

More Books

Students also viewed these Accounting questions