Dacosta & Co. makes electronic components. Chris Dacosta, the president, recently instructed Vice President Jim Bruegger to develop a total quality control program "if we don't at leastthe quality improvements our competitors arehesoonbegan by listing various "costsDacosta incurs. Thefirst six items that came to mind were(Click the icon to view the information)Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Then, determine the total cost of quality by category.Begin by classifying each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost by entering each amount in the appropriate column, then, determinethe total cost of quality by category. (If an input field is not used in the table leave the input field empty; do not enter a zero.)Prevention CostAppraisal CostInternal Failure CostExternal Failure Cost15000More info27500Print30000aCosts incurred by Dacosta customer representatives traveling to customer sites to repair defectiveproducts, $15,000b.Lost profits from lost sales due to reputation for less-than-perfect products, $50,000c Costs of inspecting components in one of Dacosta's production processes, $27,500d. Salaries of engineers who are redesigning components to withstand electrical overloads, $55,000e Costs of reworking defective components after discovery by company inspectors, $30,000it Costs of electronic components returned by customers, $30,000.Done95000

Lets understand the basics.Prevention cost is a cost incurred to prevent any defects.Appraisal costs…

Dacosta & Co. makes electronic components Chris Dacosta, the president, recently instructed Vice President Jim Bruegger to develop a total quality control program if we don't at least match the quality improvements our competitors are making," he told Bruegger, we'll soon be out of business" Bruegger began by listing various "costs of quality that Dacosta incurs. The first six items that came to mind were (Click the icon to view the information) Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Then, determine the total cost of quality by category Begin by classifying each item as a prevention cost, an appraisal cost, an internal failure cost, or an extemal failure cost by entering each amount in the appropriate column, then, determine the total cost of quality by category (f an input field is not used in the table leave the input field empty, do not enter a zero) Prevention Cost Appraisal Cost Internal Failure Cost 30000 External Failure Cost 95000 15000 27500

Dacosta & Co. makes electronic components Chris Dacosta, the president, recently instructed Vice President Jim Bruegger to develop a total quality control program if we don't at least match the quality improvements our competitors are making," he told Bruegger, we'll soon be out of business" Bruegger began by listing various "costs of quality that Dacosta incurs. The first six items that came to mind were (Click the icon to view the information) Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Then, determine the total cost of quality by category Begin by classifying each item as a prevention cost, an appraisal cost, an internal failure cost, or an extemal failure cost by entering each amount in the appropriate column, then, determine the total cost of quality by category (f an input field is not used in the table leave the input field empty, do not enter a zero) Prevention Cost Appraisal Cost Internal Failure Cost 30000 External Failure Cost 95000 15000 27500

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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