What are total external failure costs for Abrams Corporation

Assignment Help Accounting Basics
Reference no: EM132711925

Question - The Abrams Corporation incurred the following quality costs for the year ending December 31, 2018:

Inspections $33,800

Training $15,900

Quality planning $7,000

Maintenance $8,400

Rework $3,450

Warranty $8,130

Testing of Equipment $7,200

Scrap $8,000

Lost sales $17,800

Downtime $9,600

Repairs $6,400

1. What are the total prevention costs for the Abrams Corporation?

a) $32,330

b) $41,000

c) $21,050

d) $31,300

2. What are the total appraisal costs for the Abrams Corporation?

a) $31,300

b) $21,050

c) $41,000

d) $32,330

3. What are the total internal failure costs for the Abrams Corporation?

a) $41,000

b) $21,050

c) $32,330

d) $31,300

4. What are the total external failure costs for the Abrams Corporation?

a) $31,300

b) $41,000

c) $21,050

d) $32,330

Reference no: EM132711925

Questions Cloud

Determine the fixed overhead rate variance for January : The fixed manufacturing overhead costs for 2019 will total $576,000. Determine the fixed overhead rate variance for January
Determine Ava net income from business for tax purposes : Vehicle costs include operating costs of $2,400 for the automobile (including $400 for car parking). Determine Ava net income from business for tax purposes
Debate the pros and cons of the affordable care act : Debate the pros and cons of the Affordable Care Act. Discuss the key criticisms of the health care reform.
Explain the issues-concerns surrounding terrorism : Explain the issues/concerns surrounding terrorism and combating ISIS / ISIL? What, if any solution do you believe is in the country's best interest?
What are total external failure costs for Abrams Corporation : What are the total external failure costs for the Abrams Corporation? What are the total appraisal costs for the Abrams Corporation
E-commerce using google cloud management : PowerPoint presentation 20 slides and a mind map for industry in E-commerce.
Making effective presentations geared to your audience : There are tips about making effective presentations geared to your audience
Prepare any required adjusting entries at Dec : Prepare any required adjusting entries at Dec 31, 2020, for each of the above situations. If no entry is required state No Entry Required and reasoning why
Acquiring resources requested in the proposal : Discuss whether the information presented would be contain correct information needed for acquiring resources requested in the proposal.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd