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Garvey, Inc., produces cell phone equipment Nancy Merrylield, Garvey's president, implemented a quality-improvement program that has now been in operation for 2 years. The cost

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Garvey, Inc., produces cell phone equipment Nancy Merrylield, Garvey's president, implemented a quality-improvement program that has now been in operation for 2 years. The cost report shown here has recently been issued (Click the icon to view the cost report) Read the regulements Requirement 1. For each period, calculate the ratio of each COQ category to revenues and to total quality costs Begin by calculating the ratio of each coo category to revenues and to total quality costs for 6/30/2019, then 12/31/2019. (Round your answers to the nearest whole percentage. Total quality costs as a percentage of revenues may not match the sum of eoch category's percentage due to rounding.) Data table Data table Data table Requirements 1. For each period, calculate the ratio of each COQ category to revenues and to total quality costs. 2. Based on the results of requirement 1, would you conclude that Garvey's quality program has been successful? Prepare a short report to present your case. 3. Based on the 2018 survey, Nancy Merryfield believed that Garvey had to improve product quality. In making her case to Garvey management, how might Merryfield have estimated the opportunity cost of not implementing the quality-improvement program? Requirement 1. For each period, calculate the ratio of each COQ category to revenues and to total quality costs. Begin by calculating the ratio of each COQ category to revenues and to total quality costs for 6/30/2019, then 12/31/2019. (Round your answers to the nearest whole percentage. Total quality costs as a percentage of revenues may not match the sum of each category's percentage due to rounding.) Appraisal costs \begin{tabular}{ll|l|l} Incoming inspections & 106 \\ Final testing & 328 \\ Total appraisal costs & 434 & % & \\ \hline \end{tabular} Internal failure costs Extemal fallure costs Warranty repairs 179 Customer returns 598 Total external fallure costs 777 % Final testing Total appraisal costs 328434 % Internal failure costs Rework Scrap Total internal failure costs 364 % External fallure costs Warranty repairs Customer returns \& 8,320

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