Quality Cost Report Cruz Company had total sales of $3,600,000 for fiscal 20X1. The costs of...
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Quality Cost Report Cruz Company had total sales of $3,600,000 for fiscal 20X1. The costs of quality-related activities are given below. Discounts due to defects $150,000 Reinspection 45,000 Prototype inspection 21,000 Rework 180,000 Marketing research 9,000 Process acceptance 21,000 Packaging inspection 24,000 Product liability 300,000 Required: 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. Round your percentages to two decimal places. Cruz Company Quality Cost Report For the Year Ended 20X1 Prevention costs: Marketing research Prototype inspection Appraisal costs: Packaging inspection Process acceptance Internal failure costs: Rework Reinspection External failure costs: Discounts due to defects Product liability Total quality costs Quality Costs Quality Costs Percentage of sales % % Quality Cost Report Cruz Company had total sales of $3,600,000 for fiscal 20X1. The costs of quality-related activities are given below. Discounts due to defects $150,000 Reinspection 45,000 Prototype inspection 21,000 Rework 180,000 Marketing research 9,000 Process acceptance 21,000 Packaging inspection 24,000 Product liability 300,000 Required: 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. Round your percentages to two decimal places. Cruz Company Quality Cost Report For the Year Ended 20X1 Prevention costs: Marketing research Prototype inspection Appraisal costs: Packaging inspection Process acceptance Internal failure costs: Rework Reinspection External failure costs: Discounts due to defects Product liability Total quality costs Quality Costs Quality Costs Percentage of sales % %
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