Classify the cost elements shown below for the Impressive Printing Company into the proper quality cost categories.Cost ElementAmount Quality Cost CategoryCustomer complaint remakes$28,300-SelectPrinting plate revisions$25,700-Select-Quality improvement projects-Select-GaugingSelectOther waste-SelectCorrection of typographical errorsProofreadingQuality planningPress downtimeBindery wasteChecking and inspection$14,900$98,000$34,900$197,000$400,000$51,200Quality Cost CategoryPreventionAppraisalInternal failureExternal failure$262,700$57,000$31,400-Select-Select-Total Amount$$S$-Select--SelectSelectSelectVVFind the total quality cost by category and percentage of total quality cost by category. Do not round intermediate calculations. Round the monetary values to the nearestdollar and percentage values to two decimal places.VPercentage of TotalQuality Cost%%%%

Cost element cost AmountCustomer complaint remakes28,300Printing plate revisions25,700Quality…

Classify the cost elements shown below for the Impressive Printing Company into the proper quality cost categories. Amount Quality Cost Category $28,300 Select $25,700) -Select- $14,900 -Select- $98,000 -Select- $34,900 Select $197,000 -Select $400,000 -Select- $51,200 -Select- $262,700 -Select- $57,000 Select Select $31,400 Cost Element Customer complaint remakes Printing plate revisions Quality improvement projects Gauging Other waste Correction of typographical errors Proofreading Quality planning Press downtime Bindery waste Checking and inspection Quality Cost Category Prevention Appraisal Internal failure i External failure V Total Amount v v v V Find the total quality cost by category and percentage of total quality cost by category. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. V ♥ V Percentage of Total Quality Cost % % % %

Classify the cost elements shown below for the Impressive Printing Company into the proper quality cost categories. Amount Quality Cost Category $28,300 Select $25,700) -Select- $14,900 -Select- $98,000 -Select- $34,900 Select $197,000 -Select $400,000 -Select- $51,200 -Select- $262,700 -Select- $57,000 Select Select $31,400 Cost Element Customer complaint remakes Printing plate revisions Quality improvement projects Gauging Other waste Correction of typographical errors Proofreading Quality planning Press downtime Bindery waste Checking and inspection Quality Cost Category Prevention Appraisal Internal failure i External failure V Total Amount v v v V Find the total quality cost by category and percentage of total quality cost by category. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. V ♥ V Percentage of Total Quality Cost % % % %

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Classify the cost elements shown below for the Impressive Printing Company into the proper quality cost categories.
Cost Element
Amount Quality Cost Category
Customer complaint remakes
$28,300
-Select
Printing plate revisions
$25,700
-Select-
Quality improvement projects
-Select-
Gauging
Select
Other waste
-Select
Correction of typographical errors
Proofreading
Quality planning
Press downtime
Bindery waste
Checking and inspection
$14,900
$98,000
$34,900
$197,000
$400,000
$51,200
Quality Cost Category
Prevention
Appraisal
Internal failure
External failure
$262,700
$57,000
$31,400
-Select
-Select-
Total Amount
$
$
S
$
-Select-
-Select
Select
Select
V
V
Find the total quality cost by category and percentage of total quality cost by category. Do not round intermediate calculations. Round the monetary values to the nearest
dollar and percentage values to two decimal places.
V
Percentage of Total
Quality Cost
%
%
%
%

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