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In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the quality of its products. A
In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the quality of its products. A statistical process control system has been tableFlorex CompanyQuality Cost ReportLast Year,This YeartableAmount inthousandstablePercent ofSalestableAmount inthousandstablePercent ofSalesPrevention costs:Total prevention costsAppraisal costsTotal appraisal costsInternal failure costs:Total internal failure costsExternal failure costs:Total external failure costsTotal quality cost,,,, 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 last two years are given below: Sales have been flat over the past few years, at $ 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: Prepare a quality cost report that contains data for both this year and last year. Enter amount values in thousands. Round your percentage answers to decimal places ie should be entered as
In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the quality of its products. A statistical process control system has been tableFlorex CompanyQuality Cost ReportLast Year,This YeartableAmount inthousandstablePercent ofSalestableAmount inthousandstablePercent ofSalesPrevention costs:Total prevention costsAppraisal costsTotal appraisal costsInternal failure costs:Total internal failure costsExternal failure costs:Total external failure costsTotal quality cost,,,,
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 last two years are given below:
Sales have been flat over the past few years, at $ 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:
Prepare a quality cost report that contains data for both this year and last year. Enter amount values in thousands. Round your percentage answers to decimal places ie should
be entered as
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