At the beginning of the year, Grant Company initiated a quality improvement program. The program was successful in reducing scrap and rework costs. To help assess the impact of the quality improvement program, the following data were collected for the current and preceding years:
-Refer to the figure.For the current year,what percentage of sales are prevention costs?
A) 0.05%
B) 0.15%
C) 0.65%
D) 1.50%
Correct Answer:
Verified
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