Quality Cost Report Evans Company had total sales of $1,800,000 for fiscal 20x5. The costs of quality-related activities are given below. Returns/allowances $90,000 Design changes 81,000 Prototype inspection 3,600 Downtime 81,000 Quality circles 5,400 Packaging inspection 5,400 Field testing 3,600 Complaint adjustment 117,000 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 86da6efaef99039_25 fill in the blank 86da6efaef99039_26%
Quality Cost Report Evans Company had total sales of $1,800,000 for fiscal 20x5. The costs of quality-related activities are given below. Returns/allowances $90,000 Design changes 81,000 Prototype inspection 3,600 Downtime 81,000 Quality circles 5,400 Packaging inspection 5,400 Field testing 3,600 Complaint adjustment 117,000 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 86da6efaef99039_25 fill in the blank 86da6efaef99039_26%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Quality Cost Report
Evans Company had total sales of $1,800,000 for fiscal 20x5. The costs of quality-related activities are given below.
| Returns/allowances | $90,000 |
| Design changes | 81,000 |
| Prototype inspection | 3,600 |
| Downtime | 81,000 |
| Quality circles | 5,400 |
| Packaging inspection | 5,400 |
| Field testing | 3,600 |
| Complaint adjustment | 117,000 |
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".
| 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 86da6efaef99039_25 | fill in the blank 86da6efaef99039_26% |
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