Classify the quality costs as prevention

Assignment Help Managerial Accounting
Reference no: EM132481392

Question 1: 2XU manufactures sportswear. Classify each of the following quality costs as prevention, appraisal, internal failure or external failure.

Point A) Internal failure

Point B) Prevention

Point C) Appraisal

Point D) External failure

a) Disposal of spoiled work in process

b) Downtime due to quality problem

c) Expediting work to meet delivery schedule

d) Field testing

e) Maintaining a complaint department

f) Product liability

g) Quality training

h) Re inspection

i) Testing and inspecting of direct material

j) Warranty repairs

Reference no: EM132481392

Questions Cloud

Compute total prime costs : Compute Total Prime Costs, Total manufacturing overhead costs, Total conversion costs, Total product costs, total period costs
Explain why the required rate of return on a firm assets : Explain why the required rate of return on a firm's assets must be equal to the weighted average cost of capital associated with its liabilities and equity.
What is southern tours willing to pay today : What is Southern Tours willing to pay today to acquire Holiday Vacations?
How much will the automobile be worth ten years from now : If the value increases by 6.5 percent annually, how much will the automobile be worth ten years from now?
Classify the quality costs as prevention : 2XU manufactures sportswear. Classify each of the following quality costs as prevention, appraisal, internal failure or external failure.
What is the yield to maturity-collingwood homes : The bonds have a par value of $1,000 and a market price of $944.30. Interest is paid semiannually. What is the yield to maturity?
What is the annual percentage rate on account : The interest is compounded monthly. What is the annual percentage rate on this account?
Determine an income statement using contribution margin : Determine an income statement using the format required by generally accepted accounting Principles (GAAP) and an income statement using the contribution margin
What is the increase in the expected monthly product : What is the increase in the expected monthly product contribution for each of the possible changes? Assume long-run production equal sales.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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