) Galvin Company's quality cost report is to be based on the following data: Net cost of spoilage $ 90,000 Test and inspection of in-process goods $ 36,000 Supplies used in testing and inspection $ 98,000 Quality engineering $ 104,000 Downtime caused by quality problems $ 62,000 Systems development $ 17,000 Supervision of testing and inspection activities $ 64,000 Cost of field servicing and handling complaints $ 53,000 Lost sales due to poor quality $ 29,000 Required: Categorize each costs

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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) Galvin Company's quality cost
report is to be based on the
following data: Net cost of
spoilage $ 90,000 Test and
inspection of in-process goods $
36,000 Supplies used in testing
and inspection $ 98,000 Quality
engineering $ 104,000 Downtime
caused by quality problems $
62,000 Systems development $
17,000 Supervision of testing and
inspection activities $ 64,000 Cost
of field servicing and handling
complaints $ 53,000 Lost sales
due to poor quality $ 29,000
Required: Categorize each costs
Transcribed Image Text:) Galvin Company's quality cost report is to be based on the following data: Net cost of spoilage $ 90,000 Test and inspection of in-process goods $ 36,000 Supplies used in testing and inspection $ 98,000 Quality engineering $ 104,000 Downtime caused by quality problems $ 62,000 Systems development $ 17,000 Supervision of testing and inspection activities $ 64,000 Cost of field servicing and handling complaints $ 53,000 Lost sales due to poor quality $ 29,000 Required: Categorize each costs
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