. Classify the mentioned costs using the following letters: to. Prevention b. Evaluation c. Internal failure d. External failure 5. Inspect the purchased raw material when it arrives at the factory. 6. Honor a customer's warranty for a defective product 7. Repair defective products before selling them (rework) 8. Cost of damaged units (spoilage) 9. Training of manufacturing employees 10. Maintenance of the manufacturing equipment every three months
. Classify the mentioned costs using the following letters: to. Prevention b. Evaluation c. Internal failure d. External failure 5. Inspect the purchased raw material when it arrives at the factory. 6. Honor a customer's warranty for a defective product 7. Repair defective products before selling them (rework) 8. Cost of damaged units (spoilage) 9. Training of manufacturing employees 10. Maintenance of the manufacturing equipment every three months
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Questions 5-10. Classify the mentioned costs using the following letters:
to. Prevention
b. Evaluation
c. Internal failure
d. External failure
5. Inspect the purchased raw material when it arrives at the factory.
6. Honor a customer's warranty for a defective product
7. Repair defective products before selling them (rework)
8. Cost of damaged units (spoilage)
9. Training of manufacturing employees
10. Maintenance of the manufacturing equipment every three months
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