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Requirements . Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Should Clason implement the new quality program? Give your reason. Requirement 1. Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Type of Quality Cost Appraisal Prevention Prevention Prevention External failure Internal failure Appraisal Cost Strength-testing one item from each batch of panels Training employees in TQM Training suppliers in TQM Identifying preferred suppliers who commit to on-time delivery of perfect quality materials Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage Avoid inspection of raw materials CD Data table Suppose Clason is considering spending the following amounts on a new To Strength-testing one item from each batch of panels. Training employees in TQM.. Training suppliers in TQM. Identifying preferred suppliers that commit to on-time delivery of perfe Clason expects the new program to save costs through the following:

Requirements . Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Should Clason implement the new quality program? Give your reason. Requirement 1. Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Type of Quality Cost Appraisal Prevention Prevention Prevention External failure Internal failure Appraisal Cost Strength-testing one item from each batch of panels Training employees in TQM Training suppliers in TQM Identifying preferred suppliers who commit to on-time delivery of perfect quality materials Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage Avoid inspection of raw materials CD Data table Suppose Clason is considering spending the following amounts on a new To Strength-testing one item from each batch of panels. Training employees in TQM.. Training suppliers in TQM. Identifying preferred suppliers that commit to on-time delivery of perfe Clason expects the new program to save costs through the following:

FINANCIAL ACCOUNTING
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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Clason Corp. manufactures radiation-shielding glass panels. (Click the icon to view the information.) Requirements 1. Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. 2. Should Clason implement the new quality program? Give your reason. Requirement 1. Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Type of Quality Cost Appraisal Prevention Prevention Prevention External failure Internal failure Appraisal External failure Cost Strength-testing one item from each batch of panels Training employees in TQM Training suppliers in TQM Identifying preferred suppliers who commit to on-time delivery of perfect quality materials Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage Avoid inspection of raw materials Avoid warranty costs Requirement 2. Should Clason implement the new quality program? Give your reason. implement the new quality program. The program would Clason the company C Data table Suppose Clason is considering spending the following amounts on a new TQM program: Strength-testing one item from each batch of panels. Training employees in TQM.. Training suppliers in TQM Identifying preferred suppliers that commit to on-time delivery of perfect quality materials. Clason expects the new program to save costs through the following: Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage... Avoid inspection of raw materials Avoid warranty costs. Print Done $ 84,000 $ 63,000 $ 55.000 $ 23,000 $ 68,000 $ 22,000 $ 30,000 $ 60,000
Transcribed Image Text:Clason Corp. manufactures radiation-shielding glass panels. (Click the icon to view the information.) Requirements 1. Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. 2. Should Clason implement the new quality program? Give your reason. Requirement 1. Classify each item as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Type of Quality Cost Appraisal Prevention Prevention Prevention External failure Internal failure Appraisal External failure Cost Strength-testing one item from each batch of panels Training employees in TQM Training suppliers in TQM Identifying preferred suppliers who commit to on-time delivery of perfect quality materials Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage Avoid inspection of raw materials Avoid warranty costs Requirement 2. Should Clason implement the new quality program? Give your reason. implement the new quality program. The program would Clason the company C Data table Suppose Clason is considering spending the following amounts on a new TQM program: Strength-testing one item from each batch of panels. Training employees in TQM.. Training suppliers in TQM Identifying preferred suppliers that commit to on-time delivery of perfect quality materials. Clason expects the new program to save costs through the following: Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage... Avoid inspection of raw materials Avoid warranty costs. Print Done $ 84,000 $ 63,000 $ 55.000 $ 23,000 $ 68,000 $ 22,000 $ 30,000 $ 60,000
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