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PLEASE HELP WITH THIS PROBLEM. THANK YOU Precision Electric Instruments manufacturers fans for mini and microcomputers. As a first step to focus on quality improvements,
PLEASE HELP WITH THIS PROBLEM. THANK YOU
Precision Electric Instruments manufacturers fans for mini and microcomputers. As a first step to focus on quality improvements, the firm has compiled the following operating data for 2022 (in thousands): Line inspection Training Returns Warranty repairs Preventive equipment maintenance Recalls Design engineering Scrap (net of salvage value) Downtime Product-testing equipment Product liability insurance Supplier evaluation Rework Inspection and testing of incoming materials Litigation costs to defend allegation of defective products $ 52 117 97 65 17 154 64 27 37 85 17 12 32 22 237 Required: Prepare a cost-of-quality (COQ) report and classify the costs as prevention, appraisal, internal failure, and external failure. Express each category subtotal as a percentage of total COQ. (Round "Percent of Total" answers to 1 decimal place.) Required: Prepare a cost-of-quality (CO) report and classify the costs as prevention, appraisal, internal failure, and external failure. Express each category subtotal as a percentage of total COQ. (Round "Percent of Total" answers to 1 decimal place.) PRECISION ELECTRIC INSTRUMENTS Cost-of-Quality (COQ) Report For the Year 2022 Percent of Total Prevention costs: % Total prevention costs Appraisal costs: 9 Total appraisal costs Internal failure costs: 96 Total internal failure costs External failure costs: 96 Total external failure costs Total cost of quality (COQ) 96Step by Step Solution
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