Long-Term Performance Report Nabors Company had actual quality costs for the year ended June 30,205, as given below. At the zero-defect state, Nabors expects to spend $287,500 on prototype inspection, $57,500 on vendor certification, and $75,000 on process acceptance. Assume sales to be $2,300,000. Required: 1. Prepare a long-range performance report for 205. Enter all answers as positive amounts. If the budget variance amount is unfavorable select "Unfavorable" in the last column of the table. Select "Favorable" if it is favorable. Round percentage answers to two decimal places, if rounding is required. For example, 5.789% would be entered as 75.79. Enter " 0 " as the target cost amount if there would be no cost at the zero-defect state. At the zero-defect state, Nabors expects to spend $287,500 on prototype inspection, $57,500 on vendor certification, and $75,000 on process acceptance. Assume sales to be $2,300,000. Required: 1. Prepare a long-range performance report for 205. Enter all answers as positive amounts. If the budget variance amount is unfavorable select "Unfavorable" in the last column of the table. Select "Favorable" if it is favorable. Round percentage answers to two decimal places, if rounding is required. For example, 5.789% would be entered as "5.79", Enter "0" as the target cost amount if there would be no cost at the zero-defect state. 2. Why are quality costs still present for the zero-defect state? Long-Term Performance Report Nabors Company had actual quality costs for the year ended June 30,205, as given below. At the zero-defect state, Nabors expects to spend $287,500 on prototype inspection, $57,500 on vendor certification, and $75,000 on process acceptance. Assume sales to be $2,300,000. Required: 1. Prepare a long-range performance report for 205. Enter all answers as positive amounts. If the budget variance amount is unfavorable select "Unfavorable" in the last column of the table. Select "Favorable" if it is favorable. Round percentage answers to two decimal places, if rounding is required. For example, 5.789% would be entered as 75.79. Enter " 0 " as the target cost amount if there would be no cost at the zero-defect state. At the zero-defect state, Nabors expects to spend $287,500 on prototype inspection, $57,500 on vendor certification, and $75,000 on process acceptance. Assume sales to be $2,300,000. Required: 1. Prepare a long-range performance report for 205. Enter all answers as positive amounts. If the budget variance amount is unfavorable select "Unfavorable" in the last column of the table. Select "Favorable" if it is favorable. Round percentage answers to two decimal places, if rounding is required. For example, 5.789% would be entered as "5.79", Enter "0" as the target cost amount if there would be no cost at the zero-defect state. 2. Why are quality costs still present for the zero-defect state
