7. The table below illustrates the costs that have been recorded in a factory manufacturing electrical wires. Costs of Quality Inspection of Incoming Raw Materials Training of Personnel Repairing Products within Warranty Process Planning Scrap Costs Final Goods Inspection Rework, e.g., fixing a defect Litigation What are the costs of prevention? a. $10,000 b. $9,000 c. $8,200 d. $9,700 e. $11,500 Amount $1,500 $2,000 $8,000 $7,000 $3,200 $6,500 $5,000 $6,000

7. The table below illustrates the costs that have been recorded in a factory manufacturing electrical wires. Costs of Quality Inspection of Incoming Raw Materials Training of Personnel Repairing Products within Warranty Process Planning Scrap Costs Final Goods Inspection Rework, e.g., fixing a defect Litigation What are the costs of prevention? a. $10,000 b. $9,000 c. $8,200 d. $9,700 e. $11,500 Amount $1,500 $2,000 $8,000 $7,000 $3,200 $6,500 $5,000 $6,000

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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