Preventive maintenanceLegal expense for warranty claimsMaterials inspectionRequired:a. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs.b. Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June.Required A Required BComplete this question by entering your answers in the tabs below.PreventionAppraisalInternal failureExternal failure16,3807,98011,460Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June.Note: Round your percentage answers to 1 decimal place (i.e., .321 as 32.1).May%%%%June8,7304,50011,340%%%%< Required ARequired B >+ The following represents the financial information for Plaza Plastics for May and June:June$636,000Sales revenueCostsScrapProcess inspectionQuality trainingProduct testing equipmentField testingWarranty repairsReworkPreventive maintenanceLegal expense for warranty claimsMaterials inspectionRequired A Required BPreventionMay$ 843,000%$ 2,1603,04023,940Required:a. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs.b. Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June.June5,3408,5803,540Complete this question by entering your answers in the tabs below.%19,94016,3807,98011,460Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June.Note: Round your percentage answers to 1 decimal place (i.e., .321 as 32.1).May$ 1,8701,92011,8804,5006,4803,24016,8308,7304,50011,340

Prevention cost refers to the cost incurred by a company or organization to prevent defects or…

Materials inspection Required: a. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs. b. Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June. Required A Required B Complete this question by entering your answers in the tabs below. Prevention Appraisal Internal failure External failure Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June. Note: Round your percentage answers to 1 decimal place (i.e., .321 as 32.1). May % % % % 11,460 June % % % % 11,340 < Required A Required B >

Materials inspection Required: a. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs. b. Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June. Required A Required B Complete this question by entering your answers in the tabs below. Prevention Appraisal Internal failure External failure Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June. Note: Round your percentage answers to 1 decimal place (i.e., .321 as 32.1). May % % % % 11,460 June % % % % 11,340 < Required A Required B >

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

TASKS Prepared supporting documents for Requested Materials to Purchase such as: (1) Purchase Request (PR), (2) Request for Quotation (RFQ), (3) Abstract for Quotation (AFQ), (4) Purchase Order (PO), & (5) Inspection and Acceptance Report (IAR). Prepared additional attachments such as: (1) Report of Waste Materials, (2) Request for pre-repair inspection and evaluation report. Issued Materials at the Warehouse (there are thousands of inventories) Posting of Purchase Requests to the Philippine Government Electronic Procurement System (PhilGEPS). (there are too many steps and details to keep in mind) Prepared Certificate of Creditable Tax Withheld at Source Updated the Summary of Withholding Taxes (SAWT) in the BIR System. Updated the Monthly Alphalist of Payees (MAP) and Quarterly Alphalist of Payees (QAP) in the BIR System. Remitted Creditable Withholding Tax (CWT) to the BIR via online.. Updated Bin Cards Updated Stock Cards. Reconciled the individual records of Inventories in the Bin…
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Exercise 16-44 (Algo) (Appendix used in requirement [b]) Variable Cost Variances (LO 16-5, 7) Rankin Fabrication reports the following information with respect to its direct materials: Actual quantities of direct materials used Actual costs of direct materials used. Standard price per unit of direct materials. Flexible budget for direct materials. Rankin Fabrication holds no materials inventories. 35,500 gallons $ 201,680 $ 5.79 $ 213,100 Required: a. Compute the direct material price and efficiency variances. b. (Appendix) Prepare the journal entries to record the purchase and use of the direct materials using standard costing. Direct materials price variance Direct materials efficiency variance Complete this question by entering your answers in the tabs below. Required A Required B Compute the direct material price and efficiency variances. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either…
Lean Mfg: Westgate Inc
Please explain how you get the amount, quantity and unit price.
Please do not give solution in image format thanku
Please do not give solution in image format ? And explain proper steps by Step.
Vai
The Majors Company collected the following information (in days): Inspecting product Transporting product Storing product Manufacturing product 20 22 31 56 What is the manufacturing cycle efficiency?
I need to finish with these three questions and need help please. Journalize the entries for costs transferred from Milling to Sifting and the costs transferred from Sifting to Packaging. 2. Determine the increase or decrease in the cost per equivalent unit from June to July for direct materials and conversion costs. 3.Discuss the uses of the cost of production report and the results of part (c).
Part B: Compute the cost per equivalent unit fir direct materials and conversion costs Please avoid solutions image based solutions thanku
prepare a costs of good schedule