Save & Ext Submit Check my work The following represents the financial information for Domingo Corporation...
The following represents the financial information for Domingo Corporation for two months. March $498,000 April $456,000 $ $ Sales revenue Costs Process inspection Scrap Quality training Warranty repairs Product testing equipment Customer complaints Rework Preventive maintenance Materials inspection Field testing 3,050 2,200 21,200 6,400 7,700 3,850 17,700 14,900 7,900 10,800 3,280 2,280 14,400 6,900 7,700 4,450 22,000 10,900 6,200 13,800 Required: Construct a cost of quality report for March and April. (Input all amounts as positive values. Round percentage answers...
The following represents the financial information for Domingo Corporation for two months. March April $360,000 Sales revenue $540,000 Costs $ 1,550 1,820 Process inspection 1,940 1,870 13,300 Scrap Quality training Warranty repairs Product testing equipment Customer complaints 20,600 4,300 6,700 2,500 16,000 15,100 6,400 9,800 4,800 7,500 3,100 20,000 9,400 4,700 Rework Preventive maintenance Materials inspection Field testing 13,500 Required: a. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs. b. Calculate the ratio of the prevention,...
The following represents the financial information for Domingo Corporation for two months. March April Sales revenue $ 540,000 $ 440,000 Costs Process inspection $ 1,800 $ 1,890 Scrap 1,840 1,860 Quality training 20,700 13,400 Warranty repairs 4,300 4,700 Product testing equipment 7,300 6,700 Customer complaints 3,000 3,500 Rework 17,000 19,000 Preventive maintenance 11,800 9,300 Materials inspection 5,900 5,200 Field testing 10,000 13,800 Required: a. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs. b. Calculate the ratio...
Required A Required B Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for March and April. (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).) March April Prevention Appraisal Internal failure External failure % % % % % % % % The following represents the financial information for Domingo Corporation for two months. March $515,000 April $440,000 Sales revenue Costs Process inspection Scrap Quality training Warranty repairs Product testing...
Nuke-It-Now manufactures microwave ovens. The following represents the financial information from one of its manufacturing plants for two years. Year 1 Year 2 Sales $ 3,420,000 $ 3,990,000 Costs Redesign process $ 30,000 $ 37,100 Discard defective units 35,800 42,800 Training on equipment 247,000 201,000 Warranty claims 132,000 177,000 Contract cancellations 208,000 143,000 Rework 72,000 104,000 Preventive maintenance 143,000 116,000 Product liability claims 298,000 179,000 Final inspection 203,000 198,000 Required: Construct a cost of quality report for year 1 and...
Grayson Industries manufactures freezers. Here is some information about its "LX17" line of freezers over the past year: (Click the icon to view the information.) Read the requirements Requirement 1. Prepare a Cost of Quality (COD) report. In addition to calculating the total costs of each category, calculate the percentage of COQ category of the total COQ (Round is not used in the table leave the box empty, do not select a label or enter a zero) . Grayson Cost...
Check my work Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the two key areas in which companies compete in this market. A year ago, the company's cell phones had been ranked low in product quality in a consumer survey. Shocked by this result, Jorge Gomez, Mercury's president, initiated an intense effort to improve product quality. Gomez set...
Nabors Company had actual quality costs for the year ended June 30,20x5, as given below. Prevention costs: $ 350,000 Prototype inspection Vendor certification 700,000 $ 1,050.000 Total prevention costs Appraisal costs: Process acceptance $365,000 Test labor 410,000 Total Appraisal costs $ 775.000 Internal failure costs: Retesting $ 212,500 Rework 425,000 Total internal failure costs $ 637.500 External failure costs: Recalls $ 227.250 Product liability 515,750 Total external failure costs $ 743,000 Total quality costs $3,205,500 At the zero-defect state, Nabors...
Check my work In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the quality of its products. A statistical process control system has been installed and other steps have been taken to decrease the amount of warranty and other field costs, which have been trending upward over the past several years. Costs relating to quality and quality control over the last two years are given below: Costs (in thousands) Last...
what questions can you not read? Gamma Industries manufactures freezers. Here is some information about its "LX17" line of freezers over the past year: (Click the icon to view the information.) Read the requirements Requirement 1. Prepare a Cost of Quality (COQ) report. In addition to calculating the total costs of each category, calculate the percentage of COQ category of the total COQ. (Round the percentage to the one tenth of a percent, X.X%. If an input field is not...