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13 Se ed intestins Problem 12-19 (Static) Quality Cost Report [L012-2] 0.44 In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the points quality of its products. A statistical process control system has been installed and other steps have been taken 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 Inst two years are given below Cette the ebook LE THIS Year Year Inspection 75 1 Quality engineering 420 1 sre PE Depreciation of test quipment 218 $ 140 Rework later 1,5 11,5 Statistical process control # 11 Cost of Field servicing 1. 1 301 Systems development AND Te Warranty repair 3.50 11.08 Net cost of terae 1 570 11,135 Product tetting 1 1 1 $ 1,200 Product retalli $ 1.100 1 Tie Dial of defective protect 1 7201 993 $ 1 9 1 Sales have been fiet over the past few years, at $75.000.000 per year. A great deal of money has been spent in the effort to upgrade 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. (Eriter amount values in thousands. Round your percentage answers to 2 decimal places 01234 should be entered as 12.341) Flores Company Quilty Can Hopart Laal The This Year Amouth Percent of Amount Percent of thousand thousand Sales 0.00 0.00 0.00 Type here to search o Bit esc 12 # 3. 13 Se ed intestins Problem 12-19 (Static) Quality Cost Report [L012-2] 0.44 In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the points quality of its products. A statistical process control system has been installed and other steps have been taken 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 Inst two years are given below Cette the ebook LE THIS Year Year Inspection 75 1 Quality engineering 420 1 sre PE Depreciation of test quipment 218 $ 140 Rework later 1,5 11,5 Statistical process control # 11 Cost of Field servicing 1. 1 301 Systems development AND Te Warranty repair 3.50 11.08 Net cost of terae 1 570 11,135 Product tetting 1 1 1 $ 1,200 Product retalli $ 1.100 1 Tie Dial of defective protect 1 7201 993 $ 1 9 1 Sales have been fiet over the past few years, at $75.000.000 per year. A great deal of money has been spent in the effort to upgrade 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. (Eriter amount values in thousands. Round your percentage answers to 2 decimal places 01234 should be entered as 12.341) Flores Company Quilty Can Hopart Laal The This Year Amouth Percent of Amount Percent of thousand thousand Sales 0.00 0.00 0.00 Type here to search o Bit esc 12 # 3