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Cost of Quality Report A...
PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!! 13. 14. 15. 16. 17. Direct...
PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!!
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Direct Labor Variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of $10.00 per hour. If 3,900 units used 11,500 hours at an hourly rate of $10.40 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a...
Units of production data for the two departments of Atlantic Cable and Wire Company for July...
Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows: Drawing Department Winding Department Work in process, July 1 1,400 units, 55% completed 450 units, 20% completed Completed and transferred to next processing department during July 22,100 units 21,850 units Work in process, July 31 1,100 units, 65% completed 700 units, 35% completed Each department uses the Weighted average method. For each department, assume that direct...
Cost of Quality Report Meagher Solutions Inc. manufactures memory chips for personal computers. An activity analysis...
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...
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc....
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Activities Activity Cost Correcting invoice errors $15,960 Disposing of incoming materials with poor quality 13,300 Disposing of scrap 31,920 Expediting late production 26,600...
I just need help with B&C I have the rest figured out. Cost of Quality and...
I just need help with B&C I have the rest figured out. Cost of Quality and Value-Added/Non-Value-Added Reports for a Service Company Three Rivers Inc. provides cable TV and Internet service to the local community. The activities and activity costs of Three Rivers are identified as follows: a. Identify the cost of quality classification for each activity and whether the activity is value-added or non-value-added. Quality Control Activities Activity Cost Quality Cost Classification Value-Added/ Non-Value-Added Classification Billing error correction $40,900...
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc....
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Required: 1. Classify the activities into prevention, appraisal, internal failure, external failure, and not costs of quality (producing product). Classify the activities into...
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc....
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Required: 1. Classify the activities into prevention, appraisal, internal failure, external failure, and not costs of quality (producing product). Classify the activities into...
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc....
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Required: 1. Classify the activities into prevention, appraisal, internal failure, external failure, and not costs of quality (producing product). Classify the activities into...
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc....
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Required: 1. Classify the activities into prevention, appraisal, Internal failure, external failure, and not costs of quality producing product) Classify the activities into...
Cost of Quality and Value-Added/Non-Value Added Reports for a Service Company Three Rivers Inc. provides cable...
Cost of Quality and Value-Added/Non-Value Added Reports for a Service Company Three Rivers Inc. provides cable TV and Internet service to the local community. The activities and activity costs of Three Rivers are identified. a. Identify the cost of quality classification for each activity and whether the activity is value-added or non-value-added. Quality Control Activities Activity Cost Quality Cost Classification VA/NVA Classification Billing error correction $60,000 External failure 140,000 Appraisal Non-value-added Value-added Cable signal testing Reinstalling service (installed incorrectly the...
PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!!
13.
14.
15.
16.
17.
Direct Labor Variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of $10.00 per hour. If 3,900 units used 11,500 hours at an hourly rate of $10.40 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a...
Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows: Drawing Department Winding Department Work in process, July 1 1,400 units, 55% completed 450 units, 20% completed Completed and transferred to next processing department during July 22,100 units 21,850 units Work in process, July 31 1,100 units, 65% completed 700 units, 35% completed Each department uses the Weighted average method. For each department, assume that direct...
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Required: 1. Classify the activities into prevention, appraisal, Internal failure, external failure, and not costs of quality producing product) Classify the activities into...
Cost of Quality and Value-Added/Non-Value Added Reports for a Service Company Three Rivers Inc. provides cable TV and Internet service to the local community. The activities and activity costs of Three Rivers are identified. a. Identify the cost of quality classification for each activity and whether the activity is value-added or non-value-added. Quality Control Activities Activity Cost Quality Cost Classification VA/NVA Classification Billing error correction $60,000 External failure 140,000 Appraisal Non-value-added Value-added Cable signal testing Reinstalling service (installed incorrectly the...
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