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
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.