Solved

- What Will Be the Total Appraisal Cost Appearing on based

Question 62

Multiple Choice

 Faust Company’s quality cost report is to be based on the following data:  Quality engineering $68,000 Quality circles $35,000 Supervision of testing and inspection activities $72,000 Net cost of scrap $76,000 Test and inspection of in-process goods $6,000 Liability arising from defective products $3,000 Warranty repairs and replacements $56,000 Debugging software errors $68,000 Rework labour and overhead $19,000\begin{array}{l}\text { Faust Company's quality cost report is to be based on the following data: }\\\begin{array} { | l | r | } \hline \text { Quality engineering } & \$ 68,000 \\\hline \text { Quality circles } & \$ 35,000 \\\hline \text { Supervision of testing and inspection activities } & \$ 72,000 \\\hline \text { Net cost of scrap } & \$ 76,000 \\\hline \text { Test and inspection of in-process goods } & \$ 6,000 \\\hline \text { Liability arising from defective products } & \$ 3,000 \\\hline \text { Warranty repairs and replacements } & \$ 56,000 \\\hline \text { Debugging software errors } & \$ 68,000 \\\hline \text { Rework labour and overhead } & \$ 19,000 \\\hline\end{array}\end{array}
- What will be the total appraisal cost appearing on the quality cost report?


A) $74,000.
B) $78,000.
C) $81,000.
D) $181,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents