A company wants to determine it cost of quality.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 48P: (Appendix 11A) Balanced Scorecard The following list gives a number of measures associated with the...
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A company wants to determine it cost of quality.
Activity 5: TQM
A company wants to determine it cost of quality
1 Classify nd total each cost per category
2 Calculate the total cost
3 Get the percentage of quality costs in each category.
4 Write your conclusion
5 Submit your activity on Thursday, November 11, 2021 before 5pm.
TYPE OF COST
AMOUNT (P)
Downtime
New product review
Scrap
Product Acceptance
Warranty
Quality training
Quality planning
Complaint adjustment
Retesting
Rework
Allowances
Materials inspection
Field inspection
5,000.00
500.00
10,000.00
13,000.00
15,000.00
1,000.00
2,000.00
2,500.00
6,000.00
9,000.00
7,500.00
2,500.00
12,000.00
Transcribed Image Text:Activity 5: TQM A company wants to determine it cost of quality 1 Classify nd total each cost per category 2 Calculate the total cost 3 Get the percentage of quality costs in each category. 4 Write your conclusion 5 Submit your activity on Thursday, November 11, 2021 before 5pm. TYPE OF COST AMOUNT (P) Downtime New product review Scrap Product Acceptance Warranty Quality training Quality planning Complaint adjustment Retesting Rework Allowances Materials inspection Field inspection 5,000.00 500.00 10,000.00 13,000.00 15,000.00 1,000.00 2,000.00 2,500.00 6,000.00 9,000.00 7,500.00 2,500.00 12,000.00
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