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Precision Electric Instruments manufacturers fans for mini and microcomputers. As a first step to focus on quality improvements, the firm has compiled the following
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 $ 51 116 96 64 16 153 63 26 36 84 16 11 31 21 236 Litigation costs to defend allegation of defective products 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.)
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