Schedule of Activity CostsQuality Control ActivitiesActivity CostProcess audits$51,100 Training of machine operators26,500 Processing returned products19,300 Scrap processing (disposal)25,900 Rework6,500 Preventative maintenance29,500 Product design45,700 Warranty work7,500 Finished goods inspection23,200 From the provided schedule of activity costs, determine the appraisal costs.a.$176,000b.$74,300c.$51,100d.$119,500

Appraisal cost is a sum of process audits and finished goods inspection.Appraisal costs = Process audits + Finished goods inspection = 51,100 + 23,200 = 74,300 The correct answer is B.$74,300

Answered: Schedule of Activity Costs Quality…

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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Schedule of Activity Costs
Quality Control Activities	Activity Cost
Process audits	$51,100
Training of machine operators	26,500
Processing returned products	19,300
Scrap processing (disposal)	25,900
Rework	6,500
Preventative maintenance	29,500
Product design	45,700
Warranty work	7,500
Finished goods inspection	23,200

From the provided schedule of activity costs, determine the appraisal costs.

a.$176,000

b.$74,300

c.$51,100

d.$119,500

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