Instructions Meagher Solutions Inc. manufactures memory chips for personal computers. An activity analysis was conducted, and the following activity costs were identified with the manufacture and sale of memory chips Activities Activity Cost 2Correct shipment errors 3Disposing of scrap 4 Emergency equipment maintenance 5 Employee training 6 Final inspection 7 Inspecting incoming materials 8 Preventive equipment maintenance 9 Processing customer returns 10 Scrap reporting 11 Supplierdevelopment 12 Warranty claims $150,000.00 95,000.00 125,000.00 50,000.00 80,000.00 60,000.00 40,000.00 0,000.00 45,000.00 15,000.00 250,000.00 13 Total $1,000,000.00 Required a. Identify the cost of quality classification for each activity b. Prepare of cost of quality report. Assume sales for the period were $4,000,000. Refer to the Quality Cost Classifications list provided for the exact wording of the answer choices for text entries. Round percents to one decimal place c. Interpret the cost of quality report. Starting Question Quality Activities Activity Cost Quality Cost Classification $150,000 Correct shipment errors Disposing of scrap Emergency equipment maintenance125,000 Employee training Final inspection Inspecting incoming materials Preventive equipment maintenance Processing customer returns Scrap reporting Supplier development Warranty claims Total 95,000 Prevention Appraisal 50,000 80,000 60,000 40,000 90,000 45,000 15,000 250,000 $1,000,000 Internal failure External failure Cost of Quality Report b. Prepare of cost of quality report. Assume sales for the period were $4,000,000. Refer to the Quality Cost Classifications list provided for the exact wording of the answer choices for text entries. Round percents to one decimal place. Meagher Solutions Ind. Cost of Quality Report Percent of Total Percent of Total Quality Cost Classification Quality Cost Quality Cost Sales 6 Total Final Question c. Interpret the cost of quality report. The majority of the company's quality efforts relate to correcting quality problems. anticipating and preventing quality problems