Forensic Specialists compiled the following information for its first quarter cost of quality report: Sales $ 5,650,000 Cost of goods sold $ 3,390,000 Disposing of scrap $ 240,200 Quality training $ 89,000 Inspecting materials on delivery $ 285,000 Performance reviews $ 84,750 Resolving customer complaints $ 36,920 Certifying suppliers $ 150,000 The relevant percentage to be used to express appraisal activities at Forensic Specialists is: Multiple Choice 2.95%. 1.50%. 6.48%. 36.60%.
Forensic Specialists compiled the following information for its first quarter cost of quality report: Sales $ 5,650,000 Cost of goods sold $ 3,390,000 Disposing of scrap $ 240,200 Quality training $ 89,000 Inspecting materials on delivery $ 285,000 Performance reviews $ 84,750 Resolving customer complaints $ 36,920 Certifying suppliers $ 150,000 The relevant percentage to be used to express appraisal activities at Forensic Specialists is: Multiple Choice 2.95%. 1.50%. 6.48%. 36.60%.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Forensic Specialists compiled the following information for its first quarter cost of quality report:
| Sales | $ | 5,650,000 | |
| Cost of goods sold | $ | 3,390,000 | |
| Disposing of scrap | $ | 240,200 | |
| Quality training | $ | 89,000 | |
| Inspecting materials on delivery | $ | 285,000 | |
| Performance reviews | $ | 84,750 | |
| Resolving customer complaints | $ | 36,920 | |
| Certifying suppliers | $ | 150,000 | |
The relevant percentage to be used to express appraisal activities at Forensic Specialists is:
Multiple Choice
-
2.95%.
-
1.50%.
-
6.48%.
-
36.60%.
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