. Apple Corporation Quality cost report to be based on the following data: Liability arising from defective products Final product testing and inspections Statistical process control activities Return arising from quality problems Test and inspection of incoming materials Quality circles Rework labor and overhead Test and inspection of in-process goods Net cost of scrap P57,000 22,000 13,000 12,000 82,000 63,000 70,000 80,000 10,000

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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answer numbers 4 5 6 with complete solution. down vote will be given to incomplete answers 

4. Apple Corporation Quality cost report to be based on the following data:
Liability arising from defective products
Final product testing and inspections
Statistical process control activities
Return arising from quality problems
Test and inspection of incoming materials
Quality circles
Rework labor and overhead
P57,000
22,000
13,000
12,000
82,000
63,000
70,000
80,000
10,000
Test and inspection of in-process goods
Net cost of scrap
What would be the total prevention costs appearing in the quality cost report?
5. The information relates to the break-even point of Caribels Corp. Total
sales, P120,000;Total fixed costs and expenses, P30,000. If the company
generates net operating profit of P15,000, what will be its total peso sales
to generate?
6. At an activity level of 9,200 machine hours in a month, Yakavaka Corp's total
variable production engineering cost is P761,300 and its total fixed
production engineering cost is P154,100. What would be the total
production engineering cost per unit both fixed and variable at an activity
level of 9,500 machines hours in a month. Assume that this level is within
the relevant range.
Transcribed Image Text:4. Apple Corporation Quality cost report to be based on the following data: Liability arising from defective products Final product testing and inspections Statistical process control activities Return arising from quality problems Test and inspection of incoming materials Quality circles Rework labor and overhead P57,000 22,000 13,000 12,000 82,000 63,000 70,000 80,000 10,000 Test and inspection of in-process goods Net cost of scrap What would be the total prevention costs appearing in the quality cost report? 5. The information relates to the break-even point of Caribels Corp. Total sales, P120,000;Total fixed costs and expenses, P30,000. If the company generates net operating profit of P15,000, what will be its total peso sales to generate? 6. At an activity level of 9,200 machine hours in a month, Yakavaka Corp's total variable production engineering cost is P761,300 and its total fixed production engineering cost is P154,100. What would be the total production engineering cost per unit both fixed and variable at an activity level of 9,500 machines hours in a month. Assume that this level is within the relevant range.
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