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Nuke-It-Now manufactures microwave ovens. The following represents the financial information from one of its manufacturing plants for two years. Year 1 Year 2 Sales $
Nuke-It-Now manufactures microwave ovens. The following represents the financial information from one of its manufacturing plants for two years.
Year 1 | Year 2 | |||||
Sales | $ | 3,420,000 | $ | 3,990,000 | ||
Costs | ||||||
Redesign process | $ | 30,000 | $ | 37,100 | ||
Discard defective units | 35,800 | 42,800 | ||||
Training on equipment | 247,000 | 201,000 | ||||
Warranty claims | 132,000 | 177,000 | ||||
Contract cancellations | 208,000 | 143,000 | ||||
Rework | 72,000 | 104,000 | ||||
Preventive maintenance | 143,000 | 116,000 | ||||
Product liability claims | 298,000 | 179,000 | ||||
Final inspection | 203,000 | 198,000 | ||||
Required:
Construct a cost of quality report for year 1 and year 2. (Input all amounts as positive values. Round percentage answers to 1 decimal place (i.e., 32.1).)
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