From the following schedule of activity costs, determine the total activity cost. Quality Control Activities Activity Cost Process audits $60,000 Training of machine operators $35,000 Processing returned products $18,000 Scrap processing (disposal) $28,000 Rework $12,000 Preventative maintenance $38,000 Product design $52,000 Warranty work $14,000 Finished goods inspection $25,000 a. $125,000 b. $282,000 c. $180,000 d. $252,000

From the following schedule of activity costs, determine the total activity cost. Quality Control Activities Activity Cost Process audits $60,000 Training of machine operators $35,000 Processing returned products $18,000 Scrap processing (disposal) $28,000 Rework $12,000 Preventative maintenance $38,000 Product design $52,000 Warranty work $14,000 Finished goods inspection $25,000 a. $125,000 b. $282,000 c. $180,000 d. $252,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 7RE

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From the schedule below provided for quality control activities, determine the appraisal costs: Quality control activities Activity cost Finished goods inspection $12,000 Product design $22,000 Rework $8,900 Processing returned products $21,000 Training of machine operators $25,000 Process audit $32,000 $29.900 $33,000 $66.000 $44.000
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Question: Schedule of Activity Costs Quality Control Activities Process audits Activity Cost $50,000 Training of machine operators 28,000 Processing returned products 19,000 Scrap processing (disposal) 25,000 Rework 8,000 Preventative maintenance 30,000 Product design 46,000 Warranty work 12,000 Finished goods inspection 23,000 From the above schedule of activity costs, determine the total activity cost.
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Schedule of Activity Costs Quality Control Activities Activity Cost Process audits $50,000 Training of machine operators 28,000 Processing returned products 19,000 Scrap processing (disposal) 25,000 Rework 8,000 Preventative maintenance 30,000 Product design 46,000 Warranty work 12,000 Finished goods inspection 23,000 From the above schedule of activity costs, determine the external failure costs.
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Determine the total activity cost of the general accounting question
During the current year, Pitt Company incurred costs to develop and produce a routine, low-risk computer software product. 1,300,000 Completion of detailed program design Costs incurred for coding and testing to establish technological feasibility Other coding costs after establishment of technological feasibility Other testing costs after establishment of technological feasibility Costs of producing product masters for training materials Duplication of computer software and training materials from product masters (1,000 units) Packaging product (500 units) 1,000,000 2,400,000 2,000,000 1,500,000 2,500,000 900,000 2. What total amount .of the costs incurred should be expensed immediately? a. 8,200,000 b. 2,300,000 c. 6,700,000 d. 4,400,000
During the current year, Pitt Company incurred costs to develop and produce a routine, low-risk computer software product. 1,300,000 Completion of detailed program design Costa incurred for coding and testing to establish technological feasibility Other coding costs after establishment of technological feasibility Other testing costs after establishment of technological feasibility Costs of producing product masters for training materials Duplication of computer software and training materials from product masters (1,000 units) Packaging product (500 units) 1,000,000 2,400,000 2,000,000 1,500,000 2,500,000 1. In the year-end statement of financial position, what amount should be reported in inventory? a. 2,500,000 b. 3,400,000 c. 4,000,000 d. 4,900,000 2. What total amount of the costs incurred should be expensed immediately? a. 8,200,000 b. 2,300,000 c. 6,700,000 d. 4,400,000 3. In the year-end statement of financial position, what amount should be capitalized as software cost? a.…