What will be the total prevention cost appearing

Assignment Help Accounting Basics
Reference no: EM132606453

Question - Thais Company's quality cost report is to be based on the following data:

Liability arising from defective products $65,000

Lost sales due to poor quality $61,000

Test and inspection of in-process goods $57,000

Quality circles $27,000

Net cost of spoilage $103,000

Debugging software errors $39,000

Rework labour and overhead $105,000

Final product testing and inspection $42,000

Statistical process control activities $71,000

Required - What will be the total prevention cost appearing on the quality cost report?

Reference no: EM132606453

Questions Cloud

What is departmental practice : What is departmental practice with prons and cons
What is the implicit effective annual interest rate of bill : To raise $485 000, What is the implicit simple annual interest rate (yield) on the bill? What is the implicit effective annual interest rate of the bill?
What would be the return on investment : The Axle Division of LaBate Company makes and sells only one product. If Axle sells 16,000 units per year, what would be the return on investment
Significant devaluation or depreciation : How might a significant devaluation or depreciation contribute towards inflation?
What will be the total prevention cost appearing : Liability arising from defective products $65,000 and Test and inspection of in-process goods $57,000. What will be the total prevention cost appearing
Kinds of fiscal and monetary and social consequences : What kinds of fiscal and monetary and social consequences should we expect if Jamaica currency continues to fall against major international currencies
Define marginal efficiency : Define marginal efficiency and how does it affect the investment decisions?
What is the simple rate of return on the investment : Hinck Corporation is investigating automating a process by purchasing a new machine for $520,000. What is the simple rate of return on the investment
Kind of guarantee on prices in that industry : Like many other firms, Bunnings sometimes advertises that if you buy a product from them and subsequently find it cheaper elsewhere in Perth

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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