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Determine the total amount on each category

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Reference no: EM132909822

Question - Classification of items as per Cost of quality and determine the total amount on each category under appropriate types:

Razor Ltd wants to improve its quality and has the following operating data for the current year, The company in the past has suffered from poor brand image in the market.

(I) Litigation costs to defend the product defects = 2,90,500

(II) Expediting = 3,27,000

(III) Line Inspection = 2,12,500

(IV) Recalls = 3,42,000

(V) Warranty repairs = 8,62,500

(VI) Storing and disposing waste = 1,72,000

(VII) Reporting & recording of defective product = 2,67,600

(VIII) Procedure verification = 2,54,000

(IX) Training given to employees for improvement in standards = 3,75,500

(X) Product testing equipment = 4,15,800

Reference no: EM132909822

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