Which of the following is the cost of quality classification for costs incurred to improve process...

Which of the following is the cost of quality classification for costs incurred to improve process reliability or reduce process variation?

a. rework and wastage

b. external failure costs

c. internal failure costs

d. appraisal cost

e. prevention cost

Solutions

Expert Solution

c. Internal failure cost

Internal failure costs actually deal with process variation and reliability of the same that will ensure improvement of the same accordingly.

keosha answered 1 year ago

Next > < Previous

Related Solutions

Which of the following is the cost of quality classification for costs, such as scrap or...

Which of the following is the cost of quality classification for costs, such as scrap or rework, that occur before a product is shipped to a customer? Group of answer choices A) Appraisal costs B) Prevention costs C) External failure costs D) Internal failure costs E) Rework and wastage PreviousNext

In a Cost-of-Quality (COQ) reporting framework, costs incurred in conjunction with the measurement and analysis of...

In a Cost-of-Quality (COQ) reporting framework, costs incurred in conjunction with the measurement and analysis of data to ascertain conformity of products and services to specification are properly classified as: External failure costs Appraisal costs. Internal failure costs .Prevention costs. Value-added costs. Costs incurred because of poor quality found through appraisal prior to delivery of the product to the customer are, in a Cost-of-Quality (COQ) reporting framework, considered: External failure costs. Appraisal costs. Prevention costs. Internal failure costs. Conformity costs.

Classify the following expenses incurred by a fertilizer business according to cost classification (fixed cost, variable...

Classify the following expenses incurred by a fertilizer business according to cost classification (fixed cost, variable cost, mixed cost, direct material, direct labour, overhead cost and period cost) i. Salaries of production workers ii. Salaries of factory’s manager iii. Commission of salesperson iv.Depreciation of machinery in plant v. Depreciation of office equipment vi. Chemical used in the production vii. Delivery expenses viii. Indirect materials

Which of the following statements about the direct/indirect cost classification is NOT true? a. Indirect costs...

Which of the following statements about the direct/indirect cost classification is NOT true? a. Indirect costs are always traced. b. Indirect costs are always allocated. c. The design of operations affects the direct/indirect classification. d. The direct/indirect classification depends on the choice of cost object 15) Which is true on variable costs? a. increase in total when the actual level of activity increases b. are always indirect costs c. include most personnel costs and depreciation on machinery d. can always...

What costs are incurred to create intangibles? What are the/is the classification(s) of intangibles? Types of...

What costs are incurred to create intangibles? What are the/is the classification(s) of intangibles? Types of research and development expenses? can someone please clarify these bullet points for me? It doesn't have to be real in debth just a little confused on these topics

Which of the following is NOT true about the cost of quality? A. Cost of quality...

Which of the following is NOT true about the cost of quality? A. Cost of quality is actually the cost of poor quality B. Increasing prevention cost increases appraisal, internal and external failure costs. C. Training cost is an example of prevention cost. D. Warranty is an example of external failure cost. E. B and D

A business process outsourcing has the following avoided costs, incurred costs, and other characteristics: Costs avoided...

A business process outsourcing has the following avoided costs, incurred costs, and other characteristics: Costs avoided by outsourcing: Salaries, wages, and benefits = $450,000 a year Furniture and equipment = $100,000 a year Supplies = $150,000 a year Software = $10,000 a year Facility rent/lease = $75,000 a year Utilities and communications = $20,000 a year Transition revenue now Sale of unused assets = $10,000 Costs incurred by outsourcing: Payments to supplier = $440,000 a year Contract administration = $30,000...

Match each of the following activities with the appropriate quality cost classification (a–d). Group of answer...

Match each of the following activities with the appropriate quality cost classification (a–d). Group of answer choices Disposing of scrap [ Choose ] Appraisal cost External failure cost Internal failure cost Prevention cost Recalling defective products [ Choose ] Appraisal cost External failure cost Internal failure cost Prevention cost ...

34. With regard to quality, the costs that a company must emphasize to improve its quality...

34. With regard to quality, the costs that a company must emphasize to improve its quality are: to. External failure costs b. Internal failure costs c. Assessment costs d. Prevention costs Questions 35-40. Classify the mentioned costs using the following letters: to. Prevention b. Evaluation c. Internal failure d. External failure 35. Inspect purchased raw material when it arrives at the factory. 36. Honor a customer's warranty for a defective product 37. Repair defective products before selling them (rework) 38....

Cost Classification: The Lee’s have provided you with the following costs and relevant information that are...

Cost Classification: The Lee’s have provided you with the following costs and relevant information that are assumed for year 20XY. A. Classify each of the costs (a. through j.) below under C. as a variable cost or a fixed cost. B. Explain the importance of distinguishing between variable and fixed costs. C. Prepare a budgeted income statement, assuming 600 units to be produced and sold, a per unit selling price of $85, an income tax rate of 28% and the...

Subjects