... costs: Rework Scrap Total internal failure costs External failure costs: Warranty repairs Customer returns Total external failure costs Total quality cost $ 590 12.3 100.0 Total ... frequently before they are shipped to customers o Prevention costs have increased from 1.7% of total production cost to 3.1% and from 10.4% of total quality costs to 25.4% The $80,000 increase is ... o...
... l Job- order costing Process costing* Job- order costing Process costing* Job- order costing Job- order costing * Some of the companies listed might use either a job- order or a process costing system, ... Managerial Accounting, 11th Edition Exercise 3-1 (10 minutes) a b c d e f Process costing Job- order costing Process costing Process costing Process...
... 30,000 180,000 Tons to be accounted for: Work in process, June (materials 90% complete, labor and overhead 80% complete) Started into production during the month Total tons to be accounted ... below: Tons to be accounted for: Work in process, June (materials 90% complete; labor and overhead 80% complete) 20,000 Started into production during the month 190,000 Total tons to be accoun...
... variable and fixed costs, the completed schedule would be: Units produced and sold 30,000 40,000 50,000 Total costs: Variable costs $180,000 Fixed costs 300,000 Total costs $480,000 Cost per unit: ... at no cost to the customer Whether to compete based on price or service is a delicate issue that Maria will have to decide after getting to know the personality and preferences...
... changing levels of inventory Under JIT, goods are produced strictly to customers’ orders With production geared to sales, inventories are largely (or entirely) eliminated If inventories are completely ... “attached” to each of the 2,500 unsold units that went into inventory at the end of that month This $45,000 was part of the $560,000 total fixed cost that has to be covered each mont...
... are not assigned to products under activity- based costing Counterbalancing this, a total of $270,000 in nonmanufacturing costs are assigned to products under activity- based costing, but not under ... reserved 444 Managerial Accounting, 10th Edition Problem 8-24 (continued) The activity rates are computed as follows: (a) Activity Cost Pool Total Cost (b) Total Activity...
... underlying the balanced scorecard are indicated by the arrows in the diagram Reading from the bottom of the balanced scorecard, the hypotheses are: ° If the number of employees trained to support the ... 0.25 Total direct labor-hours allowed 1,000 Standard direct labor cost per hour × $9.75 Total standard direct labor cost $9,750 Actual cost incurred Total stan...