DIFFERENTIAL ANALYSIS Walton Company has measured its quality costs for the past two years. After the company gathers its quality cost data, it summarizes those costs using the four categories shown below: 5 Donts Prevention costs Appraisal costs Internal failure costs External failure costs Last Year $ 392,700 $ 427.200 $ 837,400 $1,199,000 This Year 617,500 577.709 $ 450,000 $ 748,000 Required: 1. Calculate the total cost of quality last year and this year. Last Year This Year Total cost of quality References 2. For last year, calculate the cost in each of the four categories as a percent of the total cost of quality. (Round your percentage answers to 1 decimal place.) Last Year Prevention costs Appraisal costs Internal failure costs External falure costs Total percent Graw DIFFERENTIAL ANALYSIS O 3. For this year, calculate the cost in each of the four categories as a percent of the total cost of quality (Round your percentage answers to 1 decimal place.) points This Year Prevention costs Appraisal costs Intemalle costs External failure costs Total percent O References 40. Calculate the change in total cost of quality over the two-year period. Prevention and appraisal activities Internal and external failure costs The total cost of quality T DIFFERENTIAL ANALYSIS Walton Company has measured its quality costs for the past two years. After the company gathers its quality cost data, it summarizes those costs using the four categories shown below: 5 Donts Prevention costs Appraisal costs Internal failure costs External failure costs Last Year $ 392,700 $ 427.200 $ 837,400 $1,199,000 This Year 617,500 577.709 $ 450,000 $ 748,000 Required: 1. Calculate the total cost of quality last year and this year. Last Year This Year Total cost of quality References 2. For last year, calculate the cost in each of the four categories as a percent of the total cost of quality. (Round your percentage answers to 1 decimal place.) Last Year Prevention costs Appraisal costs Internal failure costs External falure costs Total percent Graw DIFFERENTIAL ANALYSIS O 3. For this year, calculate the cost in each of the four categories as a percent of the total cost of quality (Round your percentage answers to 1 decimal place.) points This Year Prevention costs Appraisal costs Intemalle costs External failure costs Total percent O References 40. Calculate the change in total cost of quality over the two-year period. Prevention and appraisal activities Internal and external failure costs The total cost of quality T