4 Quality Training is $66,000; Quality Planning is $34,000; Design Review is $10,000. Testing is $59,000; Inspection is $51,000; Calibration is 20,000; Factory Scrap is $68,000; Factory Rework is $48,000; Factory Downtime due to poor quality is $4,000; Quality Returns are $56,000; Liability Claims are $24,000; Analysis of Returns & Claims is $20,000; Shipping is $72,000; Advertising is $38,000; Marketing is $26,000. Sales are $6,000,000. Calculate the Cost of Prevention, Appraisal, Internal Failure and External Failure. Calculate the Total Cost of Quality and Ratio to Sales. What should we do?

4 Quality Training is $66,000; Quality Planning is $34,000; Design Review is $10,000. Testing is $59,000; Inspection is $51,000; Calibration is 20,000; Factory Scrap is $68,000; Factory Rework is $48,000; Factory Downtime due to poor quality is $4,000; Quality Returns are $56,000; Liability Claims are $24,000; Analysis of Returns & Claims is $20,000; Shipping is $72,000; Advertising is $38,000; Marketing is $26,000. Sales are $6,000,000. Calculate the Cost of Prevention, Appraisal, Internal Failure and External Failure. Calculate the Total Cost of Quality and Ratio to Sales. What should we do?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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