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In response to intense foreign competition, Florex Company has taken steps to improve the quality of its products. A summary of its quality costs (
In response to intense foreign competition, Florex Company has taken steps to improve the quality of its products. A summary of its quality costs in thousands over the past two years is given below:
Sales have been flat over the past few years, at $ per year.
Required:
Prepare a quality cost report for this year and last year.
Note: Enter amount values In thousands. Round your percentege onswers to decimal ploces Ie should be entered as
tableFlorex CompanyQuality Cost ReportLast Year,This YeartableAmount inthousandstablePercent ofSalestableAmount inthousandstablePercent ofSalesPrevention costs:EEtableTotal prevention costsAppraisal costsDEETotal appraisal costsInternal failure costs:LFEtableTotal internal failure costsExternal failure coteExternal failure costs:LEtableTotal external failure costsTotal cuality castTotal quality cost,,
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