If shipping labor is paid 14 per hour, the company's non-value-added cost would be. Your answerInspection time for a plant is 10,000 hours per year. The cost of inspection consists of salariesof four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspectionhour. The company has a close to zero defect state and has eliminated the need for anyinspection activity. Calculate the nonvalue-added cost of inspection per year.arily aimtan be eliminated. F4. Activity SHARING-into use components alcomponents, such asBUSINESS VALUE ADDED ACTIwant to pay. A PROCESS MAP isA VAUof aYour an wewindows?The entirethe basis of direct labor-hours,1. Processing time2. Inspection time-the time3. Transfer (moving) time-t4. Idle (Queue) Time-timesThe total materials handling co:Expected direct laTotal expected TTotal expected uOnly the first one is valueIII. ACTIVITY PERFORMANCEThree dimensions of aA. EFFICIENCY-focufirm's two product using the dimproved by prodThe controller of PUSO Co. estE. contemporaryD. qualityC. traditionalB. defectiveA. RobustQUALITY-COance> The 3 steps (componendone. Understanding thUsirA product that meetsD. activity eliminationC. activity reductionB. activity sharingA. activity selection2.SelectVendonSpecifyparts3. Establish performance meQUALITY COST MANAG> Improved quality can increrefers to: *The process of choosQUALITY COSTS are costsE. none of theseD. performance measurC. activity analysisB. VelocityA. driver analysis1. CONTROL activitiesControl activities con ufCATEGORIES of qualityCONTROL (CONFORMANGinto the hands of custoA. PREVENTION costs-planning and reportinANMWhich is NOT a compD. Optimal solutionC. Low cost solutionB. Value chainevaluation and selectiAISAL costs-COpath

1. Company is close to Zero Defect policy it requires no Inspection. Therefore all cost comes under…

Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspection hour. The company has a close to zero defect state and has eliminated the need for any inspection activity. Calculate the nonvalue-added cost of inspection per year.

Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspection hour. The company has a close to zero defect state and has eliminated the need for any inspection activity. Calculate the nonvalue-added cost of inspection per year.

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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