Exercise 8-29 Quality-Cost Report (LO 8-7) San Mateo Circultry manufactures electrical Instruments for a variety of purposes. The following costs related to maintaining product quality were incurred in May. Training of quality-control inspectors Tests of instruments before sale Inspection of electrical components purchased from outside suppliers Costs of rework on faulty instruments Replacement of instruments already sold, which were still covered by warranty Costs of defective parts that cannot be salvaged Required: Prepare a quality-cost report. (Round "Percentage of Total" to 1 decimal place. Total may not be equal to 100% due to rounding.) Prevention cost: Total Appraisal cost: Total Internal failure cost: Total External failure cost: Total Total quality costs SAN MATEO CIRCUITRY Quality-Cost Report For the Month of May Costs for Percentage of May Total % % % % % % % % % % % $23,000 35,000 12,000 9,000 16,300 6,300 % % % %

Exercise 8-29 Quality-Cost Report (LO 8-7) San Mateo Circultry manufactures electrical Instruments for a variety of purposes. The following costs related to maintaining product quality were incurred in May. Training of quality-control inspectors Tests of instruments before sale Inspection of electrical components purchased from outside suppliers Costs of rework on faulty instruments Replacement of instruments already sold, which were still covered by warranty Costs of defective parts that cannot be salvaged Required: Prepare a quality-cost report. (Round "Percentage of Total" to 1 decimal place. Total may not be equal to 100% due to rounding.) Prevention cost: Total Appraisal cost: Total Internal failure cost: Total External failure cost: Total Total quality costs SAN MATEO CIRCUITRY Quality-Cost Report For the Month of May Costs for Percentage of May Total % % % % % % % % % % % $23,000 35,000 12,000 9,000 16,300 6,300 % % % %

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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