Cost of quality

Long-Term Performance Report Nabors Company had actual quality costs for the year ended June 30, 20x5, as given below. Prevention costs: Prototype inspection Vendor certification Total prevention costs Appraisal costs: Process acceptance Test labor Total Appraisal costs Internal failure costs: Retesting Rework Total internal failure costs External failure costs: Recalls Product liability Total external failure costs li Prevention costs: $ 310,000 Total prevention costs Appraisal costs: 620,000 $930,000 $325,000 370,000 $ 695,000 $ 192,500 385,000 $577,500 Total quality costs At the zero-defect state, Nabors expects to spend $387,500 on prototype inspection, $77,500 on vendor certification, and $45,000 on process acceptance. Assume sales to be $2,400,000. Required: $ 211,750 488,250 $ 700,000 $2,902,500 1. Prepare a long-range performance report for 20x5. Enter all answers as positive amounts. If the budget variance amount is unfavorable select "Unfavorable" in the last column of the…

Activity-Based Environmental Cost Assignments Pinter Company had the following environmental activities and product information: 1. Environmental activity costs Activity Costs Design products (to reduce pollution) $ 129,600      Test for contamination 230,400      Treat toxic waste 720,000      Operate pollution control equipment 576,000      2. Driver data   Solvent X Solvent Y Design hours 2,900           1,900           Testing hours 5,100           7,700           Pounds of waste 600           15,400           Machine hours 2,900           61,100           3. Other production data   Solvent X Solvent Y Nonenvironmental production costs $2,176,000      $4,128,000      Units produced 320,000      320,000      4. Activity rates that will be used to assign environmental costs to products. Design Produts 27 per design hour Testing 18 per test hour Treating waste 45 per pound of waste Operating equipment 9 per machine hour 1. Determine the unit…

Spark Manufacturing incurred the following costs during Year 2 to produce high-quality televisions. The company used an activity-based costing system. Based on the following activities, what is the total unit-level cost? Labeling and packaging Engineering product design Inspection of each batch produced $ 8,000 $ 32,000 $ 10,000 Depreciation on production equipment Supplies Setup for each batch produced Multiple Choice $20,000 ○ $37,000 $32,000 ○ $57,000 $ 25,000 $ 5,000 $ 12,000

Cost of Quality Report

Activity-Based Environmental Cost Assignments Pinter Company had the following environmental activities and product information: 1. Environmental activity costs Activity Costs Design products (to reduce pollution) $ 129,600      Test for contamination 230,400      Treat toxic waste 720,000      Operate pollution control equipment 576,000      2. Driver data   Solvent X Solvent Y Design hours 2,900           1,900           Testing hours 5,100           7,700           Pounds of waste 600           15,400           Machine hours 2,900           61,100           3. Other production data   Solvent X Solvent Y Nonenvironmental production costs $2,176,000      $4,128,000      Units produced 320,000      320,000      What if the design costs increased to $219,600 and the cost of toxic waste decreased to $360,000? Assume that Solvent Y uses 3,800 out of 7,600 design hours. Also assume that waste is cut by 50 percent and that Solvent Y is responsible for…

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Long-Term Performance Report Nabors Company had actual quality costs for the year ended June 30, 20x5, as given below. Prevention costs:      Prototype inspection $ 320,000    Vendor certification 640,000      Total prevention costs $ 960,000 Appraisal costs:      Process acceptance $ 335,000    Test labor 380,000      Total Appraisal costs $ 715,000 Internal failure costs:      Retesting $ 197,500    Rework 395,000      Total internal failure costs $ 592,500 External failure costs:      Recalls $ 389,500    Product liability 532,500      Total external failure costs $ 922,000 Total quality costs $3,189,500 At the zero-defect state, Nabors expects to spend $400,000 on prototype inspection, $80,000 on vendor certification, and $75,000 on process acceptance. Assume sales to be $2,700,000. Required: Question Content Area 1. Prepare a long-range performance report for 20x5. Enter all answers as positive amounts. If the budget variance amount is…

A company must decide between scrapplng or reworking units thnat do not pass Inspection. The comparny has 4A 5000 defectve units than The units can be sold as scrap for $174,000 or reworked for $220,500 and then sold for $416,000. f the company decides to rework th Multiple Cholce $45,000. $242,000. $(97,750). $195,500. $21,500.

11 Below is the costs related to quality of conformance for Stone Company (in thousands) for 20xx. Inspection $ 850 Quality engineering 450 Depreciation of test equipment 135 Rework labor 1,080 Statistical process control 180 Cost of field servicing 1,260 Supplies used in testing 450 Systems development 850 Warranty repairs 4,680 Net cost of scrap 720 Product testing 1,080 Product recalls 2,880 Disposal of defective products 900 $ 15,515 What were the total appraisal costs in 20xx? А. $ 1,480 В. $ 1,930 С. $ 2,515 D. $ 1,615 E. None of the above