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Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspection hour. The company has a close to zero defect state and has eliminated the need for any inspection activity. Calculate the nonvalue-added cost of inspection per year.

Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspection hour. The company has a close to zero defect state and has eliminated the need for any inspection activity. Calculate the nonvalue-added cost of inspection per year.

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter10: Cost Analysis For Management Decision Making
Section: Chapter Questions
Problem 13P: Deuce Sporting Goods manufactures a high-end model tennis racket. The company’s forecasted income...
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Calculate the nonvalue-added cost of inspection per year.

Your answer Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspection hour. The company has a close to zero defect state and has eliminated the need for any inspection activity. Calculate the nonvalue-added cost of inspection per year. to a company's activities? * cost evaluation and selection planning and reporting A. PREVENTION costs- a A. Critical path B. Value chain C. Low cost solution D. Optimal solution into the hands of custor CONTROL (CONFORMANCE Control activities consist of Lactivities - activ 1. C CAT Which is NOT a compo A. driver analysis B. Velocity related QUA C. activity analysis D. performance measure E. none of these The process of choo refers to: * A. activity selection B. activity sharing C. activity reduction D. activity elimination 2. 1. Usi A product that meet A. Robust B. defective C. traditional D. quality E. contemporary The controller of PUSO Co firm's two product using t 4. Idl 3. Tran Total expec Total expec Expected di 2. Inspec 1. Processir The entire proc The total materials handla the basis of direct labor h of a process. windows? A VALUE CHART is a v want to pay. A PROCESS BUSINESS VALUE ADDED A Your an W components, such as d to use components alrear 4. Activity SHARING-increasi ily aimed at ILy Can be eliminated. Reduci
Transcribed Image Text:Your answer Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling P60,000. Inspection also used supplies costing P3 per inspection hour. The company has a close to zero defect state and has eliminated the need for any inspection activity. Calculate the nonvalue-added cost of inspection per year. to a company's activities? * cost evaluation and selection planning and reporting A. PREVENTION costs- a A. Critical path B. Value chain C. Low cost solution D. Optimal solution into the hands of custor CONTROL (CONFORMANCE Control activities consist of Lactivities - activ 1. C CAT Which is NOT a compo A. driver analysis B. Velocity related QUA C. activity analysis D. performance measure E. none of these The process of choo refers to: * A. activity selection B. activity sharing C. activity reduction D. activity elimination 2. 1. Usi A product that meet A. Robust B. defective C. traditional D. quality E. contemporary The controller of PUSO Co firm's two product using t 4. Idl 3. Tran Total expec Total expec Expected di 2. Inspec 1. Processir The entire proc The total materials handla the basis of direct labor h of a process. windows? A VALUE CHART is a v want to pay. A PROCESS BUSINESS VALUE ADDED A Your an W components, such as d to use components alrear 4. Activity SHARING-increasi ily aimed at ILy Can be eliminated. Reduci
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