## Cost Accounting Foundations and Evolutions

Business

## Quiz 17 :

Implementing Quality Concepts

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Q86 Q86 Q86

Business Solutions Corporation Business Solutions Corporation is a manufacturer of a versatile statistical calculator.The following information is a summary of defective and returned units for the previous year.
Refer to Business Solutions Corporation.The profit lost by selling defective units not reworked is

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Q87 Q87 Q87

Business Solutions Corporation Business Solutions Corporation is a manufacturer of a versatile statistical calculator.The following information is a summary of defective and returned units for the previous year.
Refer to Business Solutions Corporation.The total rework cost is

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Q88 Q88 Q88

Business Solutions Corporation Business Solutions Corporation is a manufacturer of a versatile statistical calculator.The following information is a summary of defective and returned units for the previous year.
Refer to Business Solutions Corporation.The cost of processing customer returns is

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Q89 Q89 Q89

Business Solutions Corporation Business Solutions Corporation is a manufacturer of a versatile statistical calculator.The following information is a summary of defective and returned units for the previous year.
Refer to Business Solutions Corporation.The total failure cost is

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Q90 Q90 Q90

Business Solutions Corporation Business Solutions Corporation is a manufacturer of a versatile statistical calculator.The following information is a summary of defective and returned units for the previous year.
Refer to Business Solutions Corporation.The total quality cost is

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Q91 Q91 Q91

Business Solutions Corporation Business Solutions Corporation is a manufacturer of a versatile statistical calculator.The following information is a summary of defective and returned units for the previous year.
Refer to Business Solutions Corporation.The profit lost by selling defective units to Pittman Company totals $1,440.The total rework cost for 700 units is $28,000.The difference between the profit earned on a good unit and a defective unit is $12.How many total defective units did Business Solutions Corporation produce?

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Q102 Q102 Q102

Greensboro Corporation
Greensboro Corporation is a manufacturer of electronic blood pressure monitors for
home use.The following is a summary of quality costs for the first year of operations.
Refer to Greensboro Corporation.Compute the profit lost by selling defective units not reworked.

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Q104 Q104 Q104

Greensboro Corporation
Greensboro Corporation is a manufacturer of electronic blood pressure monitors for
home use.The following is a summary of quality costs for the first year of operations.
Refer to Greensboro Corporation.Compute the cost of processing customer returns.

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Q107 Q107 Q107

Lawn Solutions,Inc.
Lawn Solutions,Inc.has just finished its first year of business.Lawn Solutions,Inc.makes decorative outdoor furniture.The firm manufactured 2,500 pieces of furniture during the year: 2,400 were sold at garden centers for $456,000; 100 pieces were defective and could only be sold as scrap metal (25 pounds each and can be sold for $2.50 per pound).No defective units could be reworked.During the year the following costs were incurred:
Refer to Lawn Solutions,Inc.Compute the total profits lost by the company from selling scrap units during its first year of operations.

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Q108 Q108 Q108

Lawn Solutions,Inc.
Lawn Solutions,Inc.has just finished its first year of business.Lawn Solutions,Inc.makes decorative outdoor furniture.The firm manufactured 2,500 pieces of furniture during the year: 2,400 were sold at garden centers for $456,000; 100 pieces were defective and could only be sold as scrap metal (25 pounds each and can be sold for $2.50 per pound).No defective units could be reworked.During the year the following costs were incurred:
Refer to Lawn Solutions,Inc.Compute the total quality cost incurred by the company during the first year of operations.

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