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11 In response to intensive foreign competition, the management of Forex Company has attempted over the past year to improve the quality of its products

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11 In response to intensive foreign competition, the management of Forex Company has attempted over the past year to improve the quality of its products A statistical process control system has been installed and other steps have been token to decrease the amount of warranty and other field costs, which have been trending upward over the past several years. Costs relating to quality and quality control over the last two years are given below: 10 Dome eBook References Inspection Quality engineering Depreciation of test equipment Rework labor Statistical process control Castor Feld servicing Supplies used in testing Systen development Warranty repairs Het cost of era Product testing Product recalls Disposal of defective products Casts thousands tast This Year 5 990 1.000 5 405 720 3 210 315 1,261 1,710 540 1,53 1.260 45 72 720 3.735 60 13,00 2015 13.50 3,70 1 110 1 1.200 1.42 has been spent the effort to upgrade Sales have been flat over the past few years at 500.000.000 per year A great deal of quality, and management is anxious to see whether or not the effort has been effective Required: 1. Prepare a quality cost report that contains data for both this year and last year (Enter amount values in thousands. Round your percentage answers to 2 decimal places le 01234 should be entered as 12.34)) Florex Company Quality Cont Report Last Year Amount ( Percent of thousands This Year About Percool thouse Sale Prevention co Total prevention coste Appraisal costs 11 DE Maxt > 11 percentage answers to 2 decimal places 0.1234 should be entered as 1234) 10 Flores Com Quality Colleport Last Year Mount This Sales Prevention costs rences Totul prevention et Arpanal or Total appraisal costs realfate cost Total Waltare cash Extomate costs Tutalomfolur costs Total quality cost

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