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Please help me with questions 2-5. ASAP Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been
Please help me with questions 2-5. ASAP
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The activity analysis revealed the following: 2. Classify the activities into prevention, appraisal, internal falure, external failure, and not costs of quality (producing broduct), Classify the activities into value-added and non-value-added activities 3. Use the activity cost information to determine the percentages of total costs that are prevention, appraisal, internal fallure, external failure, and not costs of qugalty (producing product). External failure % Not costs of quality % Total % 4. Determine the percentages of total costs that are value- and non-value-added. 5. The company has % of its total costs as value added. Internal failure costs represent % of the total costs. External failure costs are % of the total. There is only one activity classified as a prevention cost Step by Step Solution
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