costs as a percentage of sales? (Rounded to two decimal places.) Group of answer choices 4.44% 43.00% 57.22% 19.44%
costs as a percentage of sales? (Rounded to two decimal places.) Group of answer choices 4.44% 43.00% 57.22% 19.44%
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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Question
The following information pertains to Beige, Inc., for the current year:
Sales |
$1,000,000 |
Internal failure costs |
150,000 |
External failure costs |
200,000 |
Appraisal costs |
50,000 |
Prevention costs |
30,000 |
Cost of goods sold |
600,000 |
Which of the following expresses the quality costs as a percentage of sales? (Rounded to two decimal places.)
Group of answer choices
4.44%
43.00%
57.22%
19.44%
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