What quality cost classification should appear in cells B9, B12, and B17? Inspection (cell B9) 240)
What quality cost classification should appear in cells B9, B12, and B17? Inspection (cell B9) 240)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information.
Excel Analytics 12-01 (Static) Quality Cost Report [LO12-2]
To complete this activity, you will need to have Excel installed on your computer. This exercise requires you to work in
Excel and answer questions in Connect. You will read a brief scenario and then download an Excel file that you will need
to complete the requirements in Parts 1 through 3 of this exercise.
Some of the requirements include brief video tutorials on using Excel functions. After viewing the tutorials, you will then
use what you learned to work directly in Excel to answer the required questions in Connect.
[The following information applies to the questions displayed below.]
Harvey Company designs and produces surgical lasers. Its product is brilliantly designed, but the manufacturing process
has been plagued by chronic quality control problems. To help address the situation, Harvey formed a cross-functional
team of managers that quantified its costs of quality over the last two quarters as follows:
Cost of testing equipment
Customer returns of defective goods
Downtime due to quality problems
Inspection
Net cost of scrap
Product recalls
Quality engineering
Rework labor
Costs (in thousands)
Quarter 1
Quarter 2
Statistical process control
Supplies used in testing
Systems development
Warranty repairs
$270
$3,200
$600
$1,700
$800
$3,500
$1,080
$1,400
$390
$200
$1,650
$1,600
$270
$40
$680
$2,800
The company's sales were $95 million in Quarter 1 and $100 million in Quarter 2.
$0
$30
$120
$3,300
$1,100
$2,770
$1,300
$600](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffc2b130e-3b3d-4633-8023-d10e270ebc15%2Fbeb1241d-4743-47c9-8f85-c7051d8a3731%2F13a2mgc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information.
Excel Analytics 12-01 (Static) Quality Cost Report [LO12-2]
To complete this activity, you will need to have Excel installed on your computer. This exercise requires you to work in
Excel and answer questions in Connect. You will read a brief scenario and then download an Excel file that you will need
to complete the requirements in Parts 1 through 3 of this exercise.
Some of the requirements include brief video tutorials on using Excel functions. After viewing the tutorials, you will then
use what you learned to work directly in Excel to answer the required questions in Connect.
[The following information applies to the questions displayed below.]
Harvey Company designs and produces surgical lasers. Its product is brilliantly designed, but the manufacturing process
has been plagued by chronic quality control problems. To help address the situation, Harvey formed a cross-functional
team of managers that quantified its costs of quality over the last two quarters as follows:
Cost of testing equipment
Customer returns of defective goods
Downtime due to quality problems
Inspection
Net cost of scrap
Product recalls
Quality engineering
Rework labor
Costs (in thousands)
Quarter 1
Quarter 2
Statistical process control
Supplies used in testing
Systems development
Warranty repairs
$270
$3,200
$600
$1,700
$800
$3,500
$1,080
$1,400
$390
$200
$1,650
$1,600
$270
$40
$680
$2,800
The company's sales were $95 million in Quarter 1 and $100 million in Quarter 2.
$0
$30
$120
$3,300
$1,100
$2,770
$1,300
$600
Transcribed Image Text:What quality cost classification should appear in cells B9, B12, and B17?
Inspection (cell B9)
Quality engineering (cell B12)
Warranty repairs (cell B17)
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