Figure 14-5 At the beginning of the year, Jim Jackson 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.For the current year, appraisal costs are what percentage of sales?

Question

Figure 14-5 At the beginning of the year, Jim Jackson 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.For the current year, appraisal costs are what percentage of sales?

Quizplus · Accepted Answer

The correct percentage is calculated by dividing the appraisal costs by the total sales and then multiplying by 100 to get the percentage.

Figure 14-5 at the Beginning of the Year, Jim Jackson