Forensic Specialists Developed the Following Information for Its First Quarter

question 105

Multiple Choice

Forensic Specialists developed the following information for its first quarter cost of quality report:
$$\begin{array} { | l | r | } \hline \text { Sales } & \$ 5,600,000 \\\hline \text { Cost of goods sold } & \$ 3,360,000 \\\hline \text { Disposing of scrap } & \$ 235,200 \\\hline \text { Quality training } & \$ 84,000 \\\hline \text { Inspecting materials on delivery } & \$ 280,000 \\\hline \text { Performance reviews } & \$ 70,000 \\\hline \text { Resolving customer complaints } & \$ 31,920 \\\hline \text { Certifying suppliers } & \$ 140,000 \\\hline\end{array}$$
The total cost of prevention activities for Forensic Specialists is:

• A) $294,000.
• B) $224,000.
• C) $459,200.
• D) $504,000.

Gain knowledge on how to calculate and interpret the accounting, financial, and cash break-even levels of sales.

Develop skills in using sensitivity, scenario, and simulation analyses to evaluate the risk and potential outcomes of business decisions.

Comprehend the principles and applications of net present value (NPV) and internal rate of return (IRR) in capital budgeting.

Learn how depreciation affects accounting and financial calculations and decisions.