Rough cost figures have been obtained from the accountants, who say that scrap items can be...

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Rough cost figures have been obtained from the accountants, who say that scrap items can be figured at $28.00 per thousand pieces, floor scrap at $1,950 per thousand pounds, reworking of customer returns at $26.00 per thousand pieces, and flat rolling or rerolling (i.e., reworking after final inspection) at $4.80 per thousand pieces. All of these estimates include factory overhead ("fully-burdened" figures). Complete the following ANNUALIZED Cost of Quality summary table. The table provides relevant cost elements and line items. Use the question narrative to develop estimates for each cost element. For example, Production scrap = (30,000 lb/month)($1950/1000 lb)(12)/(2), etc. Cost Element. Internal Failure Costs: Production Scrap Scrap from final inspection rejects Rework after final inspection Troubleshooting Sorting of rejected lots External Failure Costs: Scrap from customer returns Customer returns needing rework Appraisal Costs: Final Inspection Patrol Inspection Prevention: Previewing Prints Subtotal Subtotal Subtotal Subtotal Total Annual Quality Costs Annual Cost (S). Round your entry to the nearest whole number. Blank 1 Blank 2 Blank 3 Blank 4 Blank 5 Blank 6 Blank 7 Blank 8 Blank 9 Blank 10 Blank 11 Blank 12 Blank 13 Blank 14 Blank 15 Rough cost figures have been obtained from the accountants, who say that scrap items can be figured at $28.00 per thousand pieces, floor scrap at $1,950 per thousand pounds, reworking of customer returns at $26.00 per thousand pieces, and flat rolling or rerolling (i.e., reworking after final inspection) at $4.80 per thousand pieces. All of these estimates include factory overhead ("fully-burdened" figures). Complete the following ANNUALIZED Cost of Quality summary table. The table provides relevant cost elements and line items. Use the question narrative to develop estimates for each cost element. For example, Production scrap = (30,000 lb/month)($1950/1000 lb)(12)/(2), etc. Cost Element. Internal Failure Costs: Production Scrap Scrap from final inspection rejects Rework after final inspection Troubleshooting Sorting of rejected lots External Failure Costs: Scrap from customer returns Customer returns needing rework Appraisal Costs: Final Inspection Patrol Inspection Prevention: Previewing Prints Subtotal Subtotal Subtotal Subtotal Total Annual Quality Costs Annual Cost (S). Round your entry to the nearest whole number. Blank 1 Blank 2 Blank 3 Blank 4 Blank 5 Blank 6 Blank 7 Blank 8 Blank 9 Blank 10 Blank 11 Blank 12 Blank 13 Blank 14 Blank 15

Answer rating: 100% (QA)

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