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Boswell manufactures high-quality speakers Suppose Boswell is considering spending the following amounts on a new quality program (Click the icon to view the information )

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Boswell manufactures high-quality speakers Suppose Boswell is considering spending the following amounts on a new quality program (Click the icon to view the information ) Boswell expects this quality program to save costs as follows: Click the icon to view the information) 1. First classify each of these costs into one of the four categories of quality costs, then prepare a cost-benefit analysis of the prop Cost (Benefit) Analysis Costs. (Savings) i Prevention costs: Appraisal costs: Internal failure costs: i External failure costs: Re Av It also expects this program to avoid lost profits from the following: Click the icon to view the information) 1. Classify each of these costs into one of the four categories of quality costs (prevention, appraisal, internal failure, external failure) 2. Should Boswell implement the quality program? Give your reasons posed quality program based on the four categories identified. (Use a minus sign or parentheses for savings amounts) Data Table 607.000 Additional 20 minutes of testing for each speaker Negotiating with and training suppliers to obtain higher-quality materials and on-time delivery. Redesigning the speakers to make them easier to manufacture, 300,000 $ 1,402,000 0 Data Table Reduced warranty repair costs Avoid inspection of raw materials Rework avoided because of fewer defective units $ 205,000 $ 403,000 $ 652,000 Print Done It also expects this program to avoid lost profits from the following Click the icon to view the information.) 1. Classify each of these costs into one of the four categories of quality costs (prevention, appraisal, internal failure, external failure) 2. Should Boswell implement the quality program? Give your reasons proposed quality program based on the four categories identified (Use a minus sign or parentheses for savings amounts.) 0 Data Table Lost sales due to disappointed customers Lost production time due to rework $ 853,000 $ 305,000 Print Done

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