Harvold Company's quality cost report is to be based on the following data: Test and inspection...
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Harvold Company's quality cost report is to be based on the following data: Test and inspection of incoming materials. $71,000 Supplies used in testing and inspection . Re-entering data because of keying errors. Statistical process control activities. $51,000 $60,000 $82,000 Technical support provided to suppliers . $91,000 Disposal of defective products. Lost sales due to poor quality.. S60,000 S87,000 Net cost of scrap.. $85,000 Warranty repairs and replacements. $70,000 Required: Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs. Harvold Company's quality cost report is to be based on the following data: Test and inspection of incoming materials. $71,000 Supplies used in testing and inspection . Re-entering data because of keying errors. Statistical process control activities. $51,000 $60,000 $82,000 Technical support provided to suppliers . $91,000 Disposal of defective products. Lost sales due to poor quality.. S60,000 S87,000 Net cost of scrap.. $85,000 Warranty repairs and replacements. $70,000 Required: Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.
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