Prepare a cost of quality report. Round

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cost of Quality Report
A quality control activity analysis indicated the following four activity costs of a hotel:
Inspecting cleanliness of rooms
$283,800
Processing lost customer reservations
94,600
Rework incorrectly prepared room service meal
47,300
Employee training
47,300
Total
$473,000
Sales are $4,300,000. Prepare a cost of quality report. Round percent of sales to one decimal place.
Cost of Quality Report
Quality Cost
Percent of Total Percent of
Quality Cost
Classification
Quality Cost
Total Sales
Prevention
Appraisal
%
Internal failure
%
%
External failure
%
%
Total
%
Transcribed Image Text:Cost of Quality Report A quality control activity analysis indicated the following four activity costs of a hotel: Inspecting cleanliness of rooms $283,800 Processing lost customer reservations 94,600 Rework incorrectly prepared room service meal 47,300 Employee training 47,300 Total $473,000 Sales are $4,300,000. Prepare a cost of quality report. Round percent of sales to one decimal place. Cost of Quality Report Quality Cost Percent of Total Percent of Quality Cost Classification Quality Cost Total Sales Prevention Appraisal % Internal failure % % External failure % % Total %
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