HELP WITH CORRECT ANSWER AND WORKING Schedule of Activity CostsQuality Control ActivitiesActivity CostProcess audits$48,200Training of machine operators27,000Processing returned products16,700Scrap processing (disposal)25,200Rework8,900Preventative maintenance28,100Product design43,800Warranty work6,900Finished goods inspection23,000 From the above schedule of activity costs, determine the total activity cost. a. $227,800 b. $99,000 c. $275,638 d. $149,700
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HELP WITH CORRECT ANSWER AND WORKING
Schedule of Activity CostsQuality Control ActivitiesActivity CostProcess audits$48,200Training of machine operators27,000Processing returned products16,700Scrap processing (disposal)25,200Rework8,900Preventative maintenance28,100Product design43,800Warranty work6,900Finished goods inspection23,000
From the above schedule of activity costs, determine the total activity cost.
a. $227,800
b. $99,000
c. $275,638
d. $149,700
Step by step
Solved in 3 steps with 1 images
- Schedule of Activity Costs Quality Control Activities Activity Cost Process audits $50,400 Training of machine operators 26,300 Processing returned products 15,700 Scrap processing (disposal) 24,100 Rework 7,500 Preventative maintenance 28,800 Product design 44,900 Warranty work 9,400 Finished goods inspection 22,300 From the provided schedule of activity costs, determine the non-value-added costs. a.$114,500 b.$56,700 c.$229,400 d.$47,300Schedule of Activity Costs Quality Control Activities Activity Cost Process audits $51,100 Training of machine operators 26,500 Processing returned products 19,300 Scrap processing (disposal) 25,900 Rework 6,500 Preventative maintenance 29,500 Product design 45,700 Warranty work 7,500 Finished goods inspection 23,200 From the provided schedule of activity costs, determine the appraisal costs. a.$176,000 b.$74,300 c.$51,100 d.$119,500Quality Control Activities Activity Cost Process audits $50,300 Training of machine operators 27,900 Processing returned products 16,700 Scrap processing (disposal) 25,700 Rework 8,400 Preventative maintenance 27,600 Product design 42,100 Warranty work 6,900 Finished goods inspection 22,500 From the provided schedule of activity costs, determine the prevention costs. a. $97,600 b. $114,300 c. $106,000 d. $55,500
- Quality Control Activities Activity Cost Product testing $55,000 Assessing vendor quality 26,000 Recalls 18,000 Rework 29,000 Scrap disposal 8,000 Product design 30,000 Training machine operators 46,000 Warranty work 12,000 Process audits 22,000 From the provided schedule of activity costs, determine the (a) prevention and (b) appraisal costs.a. Prevention costs$b. Appraisal costs$Schedule of Activity Costs Quality Control Activities Activity Cost Process audits $50,000 Training of machine operators 28,000 Processing returned products 19,000 Scrap processing (disposal) 25,000 Rework 8,000 Preventative maintenance 30,000 Product design 46,000 Warranty work 12,000 Finished goods inspection 23,000 From the above schedule of activity costs, determine the external failure costs.Cost of Quality Report Meagher Solutions Inc. manufactures memory chips for personal computers. An activity analysis was conducted, and the following activity costs were identified with the manufacture and sale of memory chips: a. Identify the cost of quality classification for each activity. Quality Activities Activity Cost Quality Cost Classification Correct shipment errors $150,000 Disposing of scrap 95,000 Emergency equipment maintenance 125,000 Employee training 50,000 Final inspection 80,000 Inspecting incoming materials 60,000 Preventive equipment maintenance 40,000 Processing customer returns 90,000 Scrap reporting 45,000 Supplier development 15,000 Warranty claims 250,000 Total $1,000,000 b. Prepare a cost of quality report. Assume that the sales for the period were $4,000,000. If required, round percents to one decimal place. Meagher Solutions Inc. Cost of Quality Report Quality…
- 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) $ 153,900 Test for contamination 273,600 Treat toxic waste 855,000 Operate pollution control equipment 684,000 2. Driver data Solvent X Solvent Y Design hours 3,400 2,300 Testing hours 6,100 9,100 Pounds of waste 700 18,300 Machine hours 3,400 72,600 3. Other production data Solvent X Solvent Y Nonenvironmental production costs $3,344,000 $3,876,000 Units produced 380,000 380,000 Design products 27 per design hour Testing 18 per test hour Treating waste 45 per pound of waste Operating equipment 9 per machine hour Required: 2. Determine the unit environmental and unit costs of each product using ABC.…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…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…
- Schedule of Activity Costs Quality Control Activities Activity Cost Product testing $55,000 Assessing vendor quality 26,000 Recalls 18,000 Rework 29,000 Scrap disposal 8,000 Product design 30,000 Training machine operators 46,000 Warranty work 12,000 Process audits 22,000 From the above schedule, calculate the (a) value-added and (b) non-value-added costs.Kirkland Company's quality cost report is to be based on the following data: Downtime caused by quality problems $11,000Rework labour and overhead $32,000Quality circles $44,000Returns arising from quality problems $97,000Supervision of testing and inspection activities $18,000Test and inspection of in-process goods $90,000Systems development $28,000Amortization of test equipment $25,000Warranty repairs and replacements $59,000 Required:a) Prepare a quality cost report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.NUBD Company’s quality cost report is to be based on the following data: Quality circles- 57,000 Downtime caused by quality problems- 98,000 Debugging software errors- 92,000 Statistical process control activities- 68,000 Test and inspection of in-process goods- 24,000 Final product testing and inspection- 66,000 Cost of field servicing and handling complaints- 87,000 Product recalls- 72,000 Maintenance of test equipment- 75,000 What would be the total internal failure cost appearing on the quality cost report?