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In response to Intense forelgn competition, Florex Company has taken steps to Improve the quality of its products. A summary of Its quality costs (In

image text in transcribed In response to Intense forelgn 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 $84,000,000 per year. Required: 1. Prepare a quality cost report for thls year and last year. Note: Enter amount values In thousands. Round your percentage answers to 2 decimal places (l.e 0.1234 should be entered as 12.34)

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