Prepare a cost of quality report.
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Cost of Quality Report
A quality control activity analysis indicated the following four activity costs of a hotel:
Inspecting cleanliness of rooms | $97,200 |
Processing lost customer reservations | 48,600 |
Rework incorrectly prepared room service meal | 291,600 |
Employee training | 48,600 |
Total | $486,000 |
Sales are $2,700,000. Prepare a cost of quality report. Round percent of sales to one decimal place.
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- Consider the following information from a company's records for 2020: Materials used in research and development projects $4,500 Equipment acquired that will have alternative future uses in future R&D projects for five years 1,500 Personnel costs of employees involved in R&D projects 5,500 Consulting fees paid to outsiders for R&D projects 2,800 Indirect costs reasonably allocable to R&D projects 250 Legal fees associated with registration of a patent resulting from a 2020 R&D project 2,500 Required: Compute the amount of R&D costs that should be classified as expenses In determining 2020 net income.Cost of Quality Report A quality control activity analysis indicated the following four activity costs of a hotel: Inspecting cleanliness of rooms $167,400 Processing lost customer reservations 55,800 Rework incorrectly prepared room service meal 223,200 Employee training 111,600 Total $558,000 Sales are $3,100,000. Prepare a cost of quality report. Round percent of sales to one decimal place. Cost of Quality Report Quality CostClassification Quality Cost Percent of TotalQuality Cost Percent ofTotal Sales Prevention $fill in the blank 1 fill in the blank 2% fill in the blank 3% Appraisal fill in the blank 4 fill in the blank 5% fill in the blank 6% Internal failure fill in the blank 7 fill in the blank 8% fill in the blank 9% External failure fill in the blank 10 fill in the blank 11% fill in the blank 12% Total $fill in the blank 13 fill in the blank 14% fill in the blank 15%< Cost of Quality Report A quality control activity analysis indicated the following four activity costs of a hotel: Inspecting cleanliness of rooms Processing lost customer reservations Rework incorrectly prepared room service meal Employee training Total Sales are $3,000,000. Prepare a cost of quality report. Round percent of sales to one decimal place. Quality Cost Classification Prevention Appraisal Internal failure External failure Total $ $ Cost of Quality Report Quality Cost Percent of Total Quality Cost % % % % $132,000 33,000 66,000 99,000 $330,000 % Percent of Total Sales % % % % % O Previous Ne
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- Do not give solution in imageHome Depot Pleasanton Gardening Center needs to determine the ordering policy in the ERP system for a new retaining wall blocks. The demand forecast for the new blocks is about 1,000 units annually. To help you get a handle on the carrying and ordering costs, accounting department has given you the list of last year’s spending within warehouse and purchasing division. COST ITEM COST ($) COST ITEM COST ($) Taxes for the warehouse 2,000 Warehouse supplies 280 Receiving and incoming inspection 1,500 Research and development 2,750 New product development 2,500 Purchasing salaries & wages 30,000 Acct. Dept. costs to pay invoices 500 Warehouse salaries & wages 12,800 Inventory insurance 600 Pilferage of inventory 800 Product advertising 800 Purchase order supplies 500 Spoilage 750 Inventory obsolescence 300 Sending purchasing orders 800 Purchasing Dept. overhead 1,000 Accounting department…Solve this problem
- Long-Term Performance Report Nabors Company had actual quality costs for the year ended June 30, 20x5, as given below. Prevention costs: Prototype inspection $ 320,000 Vendor certification 640,000 Total prevention costs $ 960,000 Appraisal costs: Process acceptance $ 335,000 Test labor 380,000 Total Appraisal costs $ 715,000 Internal failure costs: Retesting $ 197,500 Rework 395,000 Total internal failure costs $ 592,500 External failure costs: Recalls $ 389,500 Product liability 532,500 Total external failure costs $ 922,000 Total quality costs $3,189,500 At the zero-defect state, Nabors expects to spend $400,000 on prototype inspection, $80,000 on vendor certification, and $75,000 on process acceptance. Assume sales to be $2,700,000. Required: Question Content Area 1. Prepare a long-range performance report for 20x5. Enter all answers as positive amounts. If the budget variance amount is…don't give answer in image formatPlease do not give solution in image format thanku