Management of Top-Quality Company has set a goal of total quality control that specifies annual quality costs

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Management of Top-Quality Company has set a goal of total quality control that specifies annual quality costs to be \(3 \%\) of total revenue and an equal balance between prevention costs and appraisal costs. Determine the budgeted prevention costs and appraisal costs for a total quality performance report with total sales of \(\$ 1,000,000\).

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