Eagleson Company's quality cost report is to be based on the following data: Net cost of scrap $ 75,000 Liability arising from defective products $ 32,000 Warranty repairs and replacements $ 80,000 Re-entering data because of keying errors $ 75,000 Supplies used in testing and inspection $ 18,000 Quality data gathering, analysis, and reporting $ 62,000 Final product testing and inspection $ 21,000 Test and inspection of in-process goods $ 44,000 Systems development $ 45,000 What would be the total appraisal cost appearing on the quality cost report?
Eagleson Company's quality cost report is to be based on the following data: Net cost of scrap $ 75,000 Liability arising from defective products $ 32,000 Warranty repairs and replacements $ 80,000 Re-entering data because of keying errors $ 75,000 Supplies used in testing and inspection $ 18,000 Quality data gathering, analysis, and reporting $ 62,000 Final product testing and inspection $ 21,000 Test and inspection of in-process goods $ 44,000 Systems development $ 45,000 What would be the total appraisal cost appearing on the quality cost report?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Eagleson Company's quality cost report is to be based on the following data:
| Net cost of scrap | $ 75,000 |
|---|---|
| Liability arising from defective products | $ 32,000 |
| Warranty repairs and replacements | $ 80,000 |
| Re-entering data because of keying errors | $ 75,000 |
| Supplies used in testing and inspection | $ 18,000 |
| Quality data gathering, analysis, and reporting | $ 62,000 |
| Final product testing and inspection | $ 21,000 |
| Test and inspection of in-process goods | $ 44,000 |
| Systems development | $ 45,000 |
What would be the total appraisal cost appearing on the quality cost report?
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