Question 1

(Appendix 11A)Harwood Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Harwood Company's quality cost report is...

Question 2

(Appendix 11A)Falstaff Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Falstaff Company's quality cost report is...

Question 3

(Appendix 11A)Galati Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Galati Company's quality cost report is...

Question 4

(Appendix 11A)Harui Company's quality cost report is to be based on the following data:  
Required:
a)Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.
b)If Harui's efforts to ensure quality conformance are working,how would you expect the Quality Cost Report next year to compare with this one?

Accepted Answer

The answer of (Appendix 11A)Harui Company's quality cost report is...

Question 5

(Appendix 11A)Godunov Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Godunov Company's quality cost report is...

Question 6

The following data have been extracted from the year-end reports of two companies: Company X and Company Y:  
Required:
Fill in the missing data on the above table.

Accepted Answer

The answer of The following data have been extracted from...

Question 7

(Appendix 11A)The following data have been extracted from the year-end reports of two companies: Company X and Company Y:  
Required:
Fill in the missing data on the above table.

Accepted Answer

The answer of (Appendix 11A)The following data have been extracted...

Question 8

(Appendix 11A)Harvie Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Harvie Company's quality cost report is...

Question 9

(Appendix 11A)Geneva Corporation has a Castings Division that does casting work of various types.The company's Machine Products Division has asked the Castings Division to provide it with 10,000 special castings each year on a continuing basis.The special castings would require $20 per unit in variable production costs.The Machine Products Division has a bid from an outside supplier of $30 per unit for the castings.
In order to have time and space to produce the new casting,the Castings Division would have to cut back production of another casting: the NW2,which it presently is producing.The NW2 sells for $40 per unit,and requires $25 per unit in variable production costs.Boxing and shipping costs of the NW2 are $4 per unit.Boxing and shipping costs for the new special casting would be only $2 per unit.The company is now producing and selling 100,000 units of the NW2 each year.Production and sales of this casting would drop by 10% if the new casting were produced.
Required:
a)What is the range of transfer prices,if any,within which both the divisions' profits would increase as a result of agreeing to the transfer of 10,000 castings per year from the Castings Division to the Machine Products Division?
b)Is it in the best interests of Geneva Corporation for this transfer to take place? Explain.

Accepted Answer

The answer of (Appendix 11A)Geneva Corporation has a Castings Division...

Question 10

(Appendix 11A)Rigoletto Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Rigoletto Company's quality cost report is...

Question 11

(Appendix 11A)Galant Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Galant Company's quality cost report is...

Question 12

(Appendix 11A)Larinore Corporation has a Castings Division that does casting work of various types.The company's Machine Products Division has asked the Castings Division to provide it with 20,000 special castings each year on a continuing basis.The special castings would require $10 per unit in variable production costs.The Machine Products Division has a bid from an outside supplier of $29 per unit for the castings.
In order to have time and space to produce the new castings,the Castings Division would have to cut back production of another casting: the RB4,which it presently is producing.The RB4 sells for $30 per unit,and requires $12 per unit in variable production costs.Boxing and shipping costs of the RB4 are $4 per unit.Boxing and shipping costs for the new special casting would be only $1 per unit.The company is now producing and selling 100,000 units of the RB4 each year.Production and sales of this casting would drop by 20% if the new casting is produced.
Required:
a)What is the range of transfer prices within which both the divisions' profits would increase as a result of agreeing to the transfer of 20,000 castings per year from the Castings Division to the Machine Products Division?
b)Is it in the best interests of Larinore Corporation for this transfer to take place? Explain.

Accepted Answer

The answer of (Appendix 11A)Larinore Corporation has a Castings Division...

Question 13

(Appendix 11A)Galben Company's quality cost report is to be based on the following data:  
Required:
Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

Accepted Answer

The answer of (Appendix 11A)Galben Company's quality cost report is...

Quiz 11: Reporting for Control

(Appendix 11A)Harwood Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

(Appendix 11A)Falstaff Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

(Appendix 11A)Galati Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

(Appendix 11A)Godunov Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

The following data have been extracted from the year-end reports of two companies: Company X and Company Y: Required: Fill in the missing data on the above table.

(Appendix 11A)The following data have been extracted from the year-end reports of two companies: Company X and Company Y: Required: Fill in the missing data on the above table.

(Appendix 11A)Harvie Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

(Appendix 11A)Rigoletto Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

(Appendix 11A)Galant Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.

(Appendix 11A)Galben Company's quality cost report is to be based on the following data: Required: Prepare a quality cost report in good form with separate sections for prevention costs,appraisal costs,internal failure costs,and external failure costs.