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please help asap (in thousands) I just need help with requirement 3 Osbom, Inc, produces cell phone equipment. Tina Robertson, Osborn's president, implemented a quality-improvement
please help asap
(in thousands)
I just need help with requirement 3
Osbom, Inc, produces cell phone equipment. Tina Robertson, Osborn's president, implemented a quality-improvement program that has now been in operation for 2 years, The cost report shown here has recently been issued. Requirement 1. For each period, calculate the ratio of each COQ category to revenues and to total quality costs: Begin by calculating the ratio of each COQ category to revenwes and to total quality costs for 6/30/2019, then 12/31/2019. (Round your answors to the nearest whole percentage. Total quality costs as a percentage of revenues may not match the sum of each categorys percontage due to rounding.) /Student/PlayerHomework.aspx?homeworkld =641463098 \&questionld =1 iflushed = false8cld =7...An \begin{tabular}{lrrrrr} & 6/30/2019 & 12/31/2019 & 6/30/2020 & 12/31/2020 \\ \hline Prevention costs & & & & \\ Machine maintenance & $ & 530$ & 530$ & 460$ & 300 \\ Supplier training & 12 & 102 & 51 & 41 \\ Design reviews & 120 & 213 & 199 & 198 \\ Total prevention costs & 662 & 845 & 710 & 539 \\ \hline \end{tabular} Appraisal costs Internal failure costs \begin{tabular}{l|r|r|r|r} Rework & 230 & 212 & 163 & 110 \\ Scrap & 126 & 119 & 76 & 63 \\ \cline { 2 - 5 } Total internal failure costs & 356 & 331 & 239 & 173 \\ \hline \end{tabular} External failure costs Requirements 1. For each period, calculate the ratio of each COQ category to revenues and to total quality costs. 2. Based on the results of requirement 1, would you conclude that Osborn's quality program has been successful? Prepare a short report to present your case. 3. Based on the 2018 survey, Tina Robertson believed that Osborn had to improve product quality. In making her case to Osborn management, how might Robertson have estimated the opportunity of st of not implementing the quality-improvement program? Requirement 3. Based on the 2018 survey, Tina Robertson believed that Osbom had to improve product quality. In making her caiso to Usoom management, how might Robertson have estimated the opportunity cost of not implementing the quality-improvement program? Select two ways Tina Robertson could have estimated the opportunity cost of not implementing the quality-improvement program. A. She could have assumed that sales and market share would continue to increase if the quality program was not implemented and then calculated the increase in revenue and contribution margin. B. She could have assumed that the company would have to compete on price rather than quality and calculated the impact of having to increase product prions. C. She could havo assumed that sales and market share would continue to dedine if the quality program was not implemented and then calculated the loss in revenue and contribution margin. D. She could have assumed that the company would have to compete on price rather than quality and calculated the impact of having to lower. product prices Step by Step Solution
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