Question
Teas Tires manufactures car and truck tires. During the year the company incurred the following costs noted below. Compute the total amount of appraisal costs.
Teas Tires manufactures car and truck tires. During the year the company incurred the following costs noted below. Compute the total amount of appraisal costs.
| Equipment maintenance | $ 33,000 |
|---|---|
| Inspecting raw materials | 41,000 |
| Product recalls | 11,000 |
| Scrap of defective tires | 6,000 |
| Training lean business practices | 38,000 |
| Warranty claims | 19,000 |
| Total cost of quality | $ 148,000 |
Multiple Choice
1. $19,000
2. $41,000
3. $74,000
4. $79,000
5. $112,000
Correct Option is?
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Interpreting And Analyzing Financial Statements
Authors: Karen P. Schoenebeck
3rd Edition
0130082163, 9780130082169
