Asked by Oppong Bright on Jul 25, 2024
Verified
Galaviz 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.
Quality Cost Report
A document outlining the expenses related to maintaining product quality, which encompasses prevention, appraisal, and failure costs.
Prevention Costs
Money spent on measures aimed at preventing defects in products or services prior to their occurrence.
Appraisal Costs
Costs associated with measuring, evaluating, or auditing products or services to ensure they meet quality standards.
- Distinguish between the types of costs associated with quality in a manufacturing process, including prevention, appraisal, internal failure, and external failure costs.
Verified Answer
KS
Learning Objectives
- Distinguish between the types of costs associated with quality in a manufacturing process, including prevention, appraisal, internal failure, and external failure costs.