The Company "Best Engineers Ltd" has released the figures shown below for the financial years 2018 and 2019. Type of Cost Prevention Cost Appraisal Cost Internal Failure Cost External Failure Cost Sales 2018 52,450 302,000 734,400 47.02% 3.36% 30.28% 1.56% 19.34% 1.03% 2019 51,600 300,700 744,100 473,000 465.800 8,600,000 8,468,000 Manufacturing Cost 3,506,000 3,490,000 What percentage of the Total Quality Cost is the Appraisal Cost for the year 2018?
The Company "Best Engineers Ltd" has released the figures shown below for the financial years 2018 and 2019. Type of Cost Prevention Cost Appraisal Cost Internal Failure Cost External Failure Cost Sales 2018 52,450 302,000 734,400 47.02% 3.36% 30.28% 1.56% 19.34% 1.03% 2019 51,600 300,700 744,100 473,000 465.800 8,600,000 8,468,000 Manufacturing Cost 3,506,000 3,490,000 What percentage of the Total Quality Cost is the Appraisal Cost for the year 2018?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Transcribed Image Text:The Company "Best Engineers Ltd" has released the figures shown below for the
financial years 2018 and 2019.
Type of Cost
Prevention Cost
Appraisal Cost
Internal Failure Cost
External Failure Cost
Sales
2018
52,450
2019
51,600
302,000
300,700
734,400
744,100
473,000
465,800
8,600,000
8,468,000
Manufacturing Cost
3,506,000
3,490,000
What percentage of the Total Quality Cost is the Appraisal Cost for the year 2018?
47.02%
3.36%
30.28%
1.56%
19.34%
1.03%
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