Chapter 14: Quality and Environmental Cost Management
191. The following information pertains to Bartolo Company for 2016:
Required:
Calculate by how much profits would increase if quality costs were reduced to 2.0 percent of sales.
192. In 2016, Exceptional Foods instituted a quality improvement program. At the end of 2017, the management of the
corporation requested a report to show the amount saved by the measures taken during the year. The actual sales
and actual quality costs for 2016 and 2017 are as follows:
Lost sales, incorrect labeling
Exceptional’s management believes that quality costs can be reduced to 2.5 percent of sales within the next five
years. At the end of Year 2017, Exceptional’s sales are projected to have grown to $1,500,000. The relative
distribution of quality costs at the end of Year 2017 is as follows:
Required:
a. Prepare a long-range performance report that compares the quality costs incurred at the end of
2017 with the quality-cost structure expected at the end of 2020.
b. Are the targeted costs in Year 2017 all value-added costs?
c. What would be the increase in profits in 2017 if the 2.5 percent performance standard is met in
that year?