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