Reference no: EM132567357
Question - The following costs were incurred for Delta Limited to maintain the quality of its products:
a. Repairs to faulty products returned by customers, $12 000
b. Cost of rewelding faulty joints discovered during processing, $3 800
c. Cost of recalling faulty products, $20 000
d. Product inspection into finished goods warehouse, $3 400
e. Cost of faulty goods that were scrapped, $16 800
Required -
1. Define internal failure costs, external failure costs, appraisal costs and prevention costs in terms of costs of quality.
2. For the above costs identify the cost category it should belong to.
|
Record the transactions in journal also close over applied
: Record the transactions in journal also close over or under applied factory overhead at the end of month. Purchased raw material on account Rs. 60,000.
|
|
Prepare a cost sheet showing cost of three jobs
: Prepare General Journal entries together with closing of under or over applied FOH. Prepare a cost sheet showing cost of three jobs
|
|
Describe the relationship between research and counseling
: Research is important in the field of counseling and psychology because it can help us to understand the profession, shed light on the theories and concepts.
|
|
Should magnus make or buy the component
: If Magnus accepts the proposal, P 2,500,000 of the fixed overhead will be eliminated. Should Magnus make or buy the component?
|
|
Define internal failure costs and external failure costs
: Cost of rewelding faulty joints discovered during processing, $3800. Define internal failure costs, external failure costs, appraisal costs and prevention costs
|
|
Show the final formula and the numerical answers
: A. A ball is thrown directly up with an initial speed of 4.00 m/s at y = 0. The maximum height is 0.816m. Time to achieve maximum height is 0.985 secs.
|
|
Demonstrate effective communication
: Demonstrate effective communication and practical problem-solving skills to effectively manage people in a range of organisational contexts
|
|
What is the fundamental attribution error
: What is the Fundamental Attribution Error and according to the Lecture, what are the steps that will inevitably lead to genocide.
|
|
Explain market pricing and variable costing
: Explain market pricing, absoption, and variable costing approah for prices. Compute the selling price of the product using the absorption costing approach.
|