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In response to intessive foreign competition, the manngement of Florex Company has attempted over the past year to improve the quality of its products. A

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In response to intessive foreign competition, the manngement of Florex Company has attempted over the past year to improve the quality of its products. A statistical process controf tystem 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 last two years are given below: Sales have been flat over the past fow years, at $75,000.000 per yeoc 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 effectlve. Required: 1. Prepare a quality cost report that contains data for both this year and lost year. (Enter amount values in thousands. Round your percentage answers to 2 decimal places (i.e 0.1234 should be entered as 12.341

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