1) GEM Company has the following information available: Quality engineering of products Quality training of employees Net cost of scrap Rework labor Warranty repairs Product recalls Liability arising from defective products Maintenance of test equipment Quality improvement projects Setups for testing Supplies used in testing Downtime caused by defects Disposal of defective products $20,000 $2,000 $30,000 $4,500 $100,000 $200,000 $1,000,000 $44,000 $55,000 $3,000 $5,500 $70,000 $80,000 1) GEM Company has the following information available: Quality engineering of products Quality training of employees Net cost of scrap Rework labor Warranty repairs Product recalls Liability arising from defective products Maintenance of test equipment Quality improvement projects Setups for testing Supplies used in testing Downtime caused by defects Disposal of defective products $20,000 $2,000 $30,000 $4,500 $100,000 $200,000 $1,000,000 $44,000 $55,000 $3,000 $5,500 $70,000 $80,000 Required: Prepare the quality cost report for the GEM Company