Gible Company’s quality cost report is based on the following data:Liability arising from defective products ₱ 83,000Lost sales due to poor quality 89,000Supervision of testing and inspection activities 11,000Downtime due to defects 83,000Reliability testing56,000Test and inspection of in-process goods 39,000Rework labor and overhead 72,000Disposal of defective products 76,000Re-entering data because of keying errors 18,000Test and inspection of incoming materials 60,000₱______________ would be the Total Appraisal Cost appearing on the quality cost report.

Appraisal Cost: Appraisal costs are top notch expenses incurred by a business to ensure that its…

Answered: ible Company’s quality cost report is…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Question

Gible Company’s quality cost report is based on the following data:

Liability arising from defective products	₱ 83,000
Lost sales due to poor quality	89,000
Supervision of testing and inspection activities	11,000
Downtime due to defects	83,000
Reliability testing	56,000
Test and inspection of in-process goods	39,000
Rework labor and overhead	72,000
Disposal of defective products	76,000
Re-entering data because of keying errors	18,000
Test and inspection of incoming materials	60,000

₱______________ would be the Total Appraisal Cost appearing on the quality cost report.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions