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Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality Quality data gathering, analysis, and reporting Net cost of spoilage Re-entering data because of keying errors Test and inspection of in-process goods Final product testing and inspection Statistical process control activities Returns arising from quality problems Downtime caused by quality problems What would be the total external failure cost appearing on the quality cost report? Multiple Choice $380,000 $54,200 $205,700 $83,900 $ 20,400 $ 71,000 $ 65,200 $ 22,800 $ 11,800 $ 49,700 $ 41,800 $ 33,800 $ 63,500

Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality Quality data gathering, analysis, and reporting Net cost of spoilage Re-entering data because of keying errors Test and inspection of in-process goods Final product testing and inspection Statistical process control activities Returns arising from quality problems Downtime caused by quality problems What would be the total external failure cost appearing on the quality cost report? Multiple Choice $380,000 $54,200 $205,700 $83,900 $ 20,400 $ 71,000 $ 65,200 $ 22,800 $ 11,800 $ 49,700 $ 41,800 $ 33,800 $ 63,500

FINANCIAL ACCOUNTING
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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Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality Quality data gathering, analysis, and reporting Net cost of spoilage Re-entering data because of keying errors Test and inspection of in-process goods Final product testing and inspection Statistical process control activities Returns arising from quality problems Downtime caused by quality problems What would be the total external failure cost appearing on the quality cost report? Multiple Choice O $380,000 $54,200 $205,700 $83,900 $ 20,400 $ 71,000 $ 65,200 $ 22,800 $ 11,800 $ 49,700 $ 41,800 $ 33,800 $ 63,500
Transcribed Image Text:Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality Quality data gathering, analysis, and reporting Net cost of spoilage Re-entering data because of keying errors Test and inspection of in-process goods Final product testing and inspection Statistical process control activities Returns arising from quality problems Downtime caused by quality problems What would be the total external failure cost appearing on the quality cost report? Multiple Choice O $380,000 $54,200 $205,700 $83,900 $ 20,400 $ 71,000 $ 65,200 $ 22,800 $ 11,800 $ 49,700 $ 41,800 $ 33,800 $ 63,500
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