Phelps Company Manufactures Custom-Designed Filtering Equipment for Swimming Pools and Tanks.In

question 7

Multiple Choice

Phelps Company manufactures custom-designed filtering equipment for swimming pools and tanks.In May 2014,the company incurred the following costs of quality: Total quality costs of conformance for May were

• A)$27,600.
• B)$11,600.
• C)$25,600.
• D)$22,100.

---

Definitions:

Evaluating Alternatives

The process of analyzing and comparing different options in decision-making to select the most beneficial or cost-effective option.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Public Company Accounting Oversight Board

A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors.

Enron

A former American energy company that went bankrupt in 2001 due to one of the largest accounting frauds in history.