Figure 14-5 At the beginning of the year, Mike Gioulis 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 Figure 14-5. As a result of quality improvements, profits have increased by
A) $400,000.
B) $58,000.
C) $186,000.
D) $244,000.

Question

Figure 14-5 At the beginning of the year, Mike Gioulis 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 Figure 14-5. As a result of quality improvements, profits have increased by
A) $400,000. 
B) $58,000. 
C) $186,000. 
D) $244,000.

Quizplus · Accepted Answer

The Answer of Figure 14-5 At the beginning of the year, Mike Gioulis 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 Figure 14-5. As a result of quality improvements, profits have increased by
A) $400,000. 
B) $58,000. 
C) $186,000. 
D) $244,000.

Figure 14-5 at the Beginning of the Year, Mike Gioulis