Hastings Corporation manufactures refrigerators. The following represents accounts in its cost of quality system. Classify each as

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Hastings Corporation manufactures refrigerators. The following represents accounts in its cost of quality system. Classify each as prevention (P), appraisal (A), internal failure (IF), or external failure (EF).
Process inspection
Scrap
Quality training
Warranty repairs
Testing equipment
Customer complaints
Rework
Preventive maintenance
Materials inspection
Field testing

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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