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The Bulldog Company Incurred the Following Quality-Related Costs Required:
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question 138

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The Bulldog Company incurred the following quality-related costs: 20192018 Calibration $190,000$120,000 Product design 180,000210,000 Product liability 150,00090,000 Product recalls 480,000240,000 Retesting 300,000240,000 Rework 390,000120,000 Testing 60,000180,000 Training 90,000120,000 Warranty repairs 180,00090,000\begin{array}{lrrrr}&2019&2018\\\text { Calibration } & \$ 190,000 & \$120,000 \\\text { Product design } & 180,000 & 210,000\\\text { Product liability } & 150,000 & 90,000 \\\text { Product recalls } & 480,000 & 240,000 \\\text { Retesting } & 300,000 & 240,000 \\\text { Rework } & 390,000 & 120,000 \\\text { Testing } & 60,000 & 180,000 \\\text { Training } & 90,000 & 120,000 \\\text { Warranty repairs } & 180,000 & 90,000\end{array} Required:
1. Calculate for each of the two years:
● Total prevention costs
● Total appraisal costs
● Total internal failure costs
● Total external failure costs
2. Provide two recommendations for improving the disclosure of COQ data for the current data set (i.e., providing more informative disclosures).
3. Based on the data in this exercise, and your solution to Requirement 1, what observations can you offer regarding COQ spending over the two-year period?

Comprehend the process and requirements for medical assistant program accreditation and certification eligibility.
Appreciate the impact of external factors such as technology, economic considerations, and demographics on the demand for medical assistants.
Understand the importance of staying within legal boundaries for medical credentials.
Recognize the value and function of cross-trained team members in healthcare settings.

Definitions:

Total Product

The overall quantity of output or goods produced by a firm or economy over a specific time period.

Total Fixed Cost

The overall amount of costs that are unaffected by production volume or output.

Average Total Cost

the total cost of production divided by the number of units produced, representing the cost per unit.

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