The following information pertains to Beige, Inc., for the current year: Sales Internal failure costs External failure costs Appraisal costs Prevention costs Cost of goods sold $1,000,000 150,000 200,000 50,000 30,000 600,000 Which of the following expresses the quality costs as a percentage of sales? (Rounded to two decimal places.) Group of answer choices 4.44% 43.00% 57.22% 19.44%

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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The following information pertains to
Beige, Inc., for the current year:
Sales
Internal failure costs
External failure costs
Appraisal costs
Prevention costs
Cost of goods sold
$1,000,000
150,000
200,000
50,000
30,000
600,000
Which of the following expresses the
quality costs as a percentage of sales?
(Rounded to two decimal places.)
Group of answer choices
4.44%
43.00%
57.22%
19.44%
Transcribed Image Text:The following information pertains to Beige, Inc., for the current year: Sales Internal failure costs External failure costs Appraisal costs Prevention costs Cost of goods sold $1,000,000 150,000 200,000 50,000 30,000 600,000 Which of the following expresses the quality costs as a percentage of sales? (Rounded to two decimal places.) Group of answer choices 4.44% 43.00% 57.22% 19.44%
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