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Quality Cost Report Evans Company had total sales of $1,500,000 for fiscal 20x5. The costs of quality-related activities are given below. Returns/allowances $90,000 Design changes 82,500 Prototype inspection 4,500 Downtime 112,500 Quality circles 4,500 Packaging inspection 3,000 Field testing 4,500 Complaint adjustment 105,000 Required: Question Content Area 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. Round percentages to one decimal place, when rounding is required. For example, 5.78% would be entered as "5.8". Evans CompanyQuality Cost ReportFor the Year Ended 20x5   Quality Costs Total Percentage of Sales Prevention costs:         $- Select -       - Select - $- Select - - Select -% Appraisal costs:         $- Select -       - Select - - Select - - Select - Internal failure costs:         $- Select -       - Select - - Select - - Select - External failure costs:         $- Select -       - Select - - Select - - Select - Total quality costs   $fill in the blank 58472afdbf9afe5_25 fill in the blank 58472afdbf9afe5_

Quality Cost Report Evans Company had total sales of $1,500,000 for fiscal 20x5. The costs of quality-related activities are given below. Returns/allowances $90,000 Design changes 82,500 Prototype inspection 4,500 Downtime 112,500 Quality circles 4,500 Packaging inspection 3,000 Field testing 4,500 Complaint adjustment 105,000 Required: Question Content Area 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. Round percentages to one decimal place, when rounding is required. For example, 5.78% would be entered as "5.8". Evans CompanyQuality Cost ReportFor the Year Ended 20x5   Quality Costs Total Percentage of Sales Prevention costs:         $- Select -       - Select - $- Select - - Select -% Appraisal costs:         $- Select -       - Select - - Select - - Select - Internal failure costs:         $- Select -       - Select - - Select - - Select - External failure costs:         $- Select -       - Select - - Select - - Select - Total quality costs   $fill in the blank 58472afdbf9afe5_25 fill in the blank 58472afdbf9afe5_

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Quality Cost Report

Evans Company had total sales of $1,500,000 for fiscal 20x5. The costs of quality-related activities are given below.

Returns/allowances $90,000
Design changes 82,500
Prototype inspection 4,500
Downtime 112,500
Quality circles 4,500
Packaging inspection 3,000
Field testing 4,500
Complaint adjustment 105,000

Required:

Question Content Area

1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. Round percentages to one decimal place, when rounding is required. For example, 5.78% would be entered as "5.8".

Evans CompanyQuality Cost ReportFor the Year Ended 20x5
  Quality Costs Total Percentage of Sales
Prevention costs:      
 
 $- Select -    
 
 - Select - $- Select - - Select -%
Appraisal costs:      
 
 $- Select -    
 
 - Select - - Select - - Select -
Internal failure costs:      
 
 $- Select -    
 
 - Select - - Select - - Select -
External failure costs:      
 
 $- Select -    
 
 - Select - - Select - - Select -
Total quality costs   $fill in the blank 58472afdbf9afe5_25 fill in the blank 58472afdbf9afe5_26%
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