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Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
Edition 1ISBN: 978-0538736787Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
Edition 1ISBN: 978-0538736787 Exercise 17
QUALITY TREND REPORT
Lemmons Company implemented a quality improvement program and tracked the following for the five years:
By cost category as a percentage of sales for the same period of time:
Required:
1. Prepare a bar graph that reveals the trend in quality cost as a percentage of sales (time on the horizontal axis and percentages on the vertical). Comment on the message of the graph.
2. Prepare a bar graph for each cost category as a percentage of sales. What does this graph tell you?
3. What if management would like to have the trend in relative distribution of quality costs? Express this as a bar graph and comment on its significance.
Lemmons Company implemented a quality improvement program and tracked the following for the five years:
By cost category as a percentage of sales for the same period of time:
Required:
1. Prepare a bar graph that reveals the trend in quality cost as a percentage of sales (time on the horizontal axis and percentages on the vertical). Comment on the message of the graph.
2. Prepare a bar graph for each cost category as a percentage of sales. What does this graph tell you?
3. What if management would like to have the trend in relative distribution of quality costs? Express this as a bar graph and comment on its significance.
Explanation
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Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
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