User Account

All Pages

Calculate the total prevention cost

Assignment Help Cost Accounting
Reference no: EM132862894

Quality Cost Problem - Burrow Company's Profit for a defective unit P25Cost to rework a defective unit P12 quality report for October 2019 showed the following information:

Profit for a good unit P60

Cost to process a returned unit P23

Quality training P23,000

Quality technology P100,000

Market research and methods costs P67,000

Monitoring and inspection costs P120,000

Product verification costs P30,000

Litigation related to total product failure P60,000

Opportunity cost of lost customers while litigation is being settled P80,000

Total defective unit 10,500

Number of units reworked 7,500

Number of customer units returned 1,850

Required -

1. Calculate the total prevention cost.

2. Calculate the total appraisal cost.

3. Calculate the total external failure cost.

4. Calculate the total internal failure cost.

5. Calculate the total quality cost.

Reference no: EM132862894

Questions Cloud

Prepare the appropriate journal entry to record income taxes : Suppose the deferred portion of the rent collected was $112 million at the end of 2022. Taxable income is $1,300 million. Prepare the appropriate journal entry
What is the net book value of component A : The work is expected to extend its life by 3 years, but the residual value will then be zero. What is the net book value of component A
What would the cost of renting be for the five years : The first option is to rent a one bedroom apartment at a cost of $900 per month, What would the cost of renting be for the five years
The effect of covid-19 on small-scale business : Write a research proposal outlining your planned research for your dissertation. You can use your previous topic, but need to make substantive changes
Calculate the total prevention cost : Opportunity cost of lost customers while litigation is being settled P80,000. Calculate the total prevention cost. Calculate the total quality cost
Research organization to understand challenges : Research the organization to understand the challenges that they faced and how they intended to use Cloud Computing to overcome their challenges
What is the balance of retained earnings : If the balance of Retained Earnings at the beginning of the year was? $380,000, what is the balance of Retained Earnings at the end of the? year
Explain what kind of malicious attack : Explain what kind of malicious attack it was. Describe how it spread and attacked other devices
Differences between other non-profit organizations : Describe the similarities and differences between other non-profit organizations and government organizations based on the GASB standards research

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare a production report for mixing department for 2010

Direct materials are added at the beginning of the process. Ending inventory is 95 percent complete with respect to direct labor and overhead.

  Evaluate what cost per equivalent unit for conversion cost

The first processing department of BAKAL CO., What would be the cost per equivalent unit for conversion costs for the month if the department uses Average

  Effects of stock split and stock dividend on eps

Calculate the 2009 earnings per share that will be reported in Finco's 2010 annual report for comparative purposes - Effects of stock split and stock dividend on EPS

  Solve profit for each product by using physical unit

Apportion the joint costs and calculate profit for each product by using Physical Unit, sale at split off Method and constant gross margin net realized value

  Determine predetermined overhead rate used to apply

Determine predetermined overhead rate used to apply the two administrative costs pools to the two services assuming SMI uses the proposed two-stage

  Calculate the fair value of the controlling interest

Calculate the fair value of the controlling interest and the noncontrolling interest in Magnolia as of January 1, 2009 and prepare a schedule for allocating the excess of investment cost (fair value) over the book value.

  Find what is its operating income at br sales

Find What is its operating income at Br 1,200,000 sales? Meta Company has fixed costs of Br 100,000 and breakeven sales of Br 800,000.

  Prepare a cash budget statement of cash flows

Prepare a budgeted income statement, under absorption costing for Mile-High for the months of April, May and June assuming that Mile High opts to use the variable delivery service. Include supporting schedules to support the revenues and manufactu..

  Determine the impact on profit of accepting the order

Ignoring the special order, make a contribution margin income statement that shows the operating profit of the 6,000 units Stanten currently sells

  Compute the labor rate variance

DM is a denim brand specializing in the manufacture and sale of hand-stitched jeans trousers

  Find what was the total costs of lost units for aee company

In Department C, unit costs for materials, labor and applied overhead are ?4.00, ?3.00 and ?3.875, respectively. what was the total costs of lost units?

  Did this company mention a transfer pricing methodology

Did this company mention a transfer pricing methodology in its disclosures? If yes, have they negotiated an advanced pricing agreement with the IRS with respect to transfer pricing?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd