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Problem 2 - 15 Points: Wilmington Western Electronic Components Inc, manufactures multiple components for fossil fuel power generation units. The various costs of quality from

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Problem 2 - 15 Points: Wilmington Western Electronic Components Inc, manufactures multiple components for fossil fuel power generation units. The various costs of quality from their internal accounting systems generated the listing and amounts of various costs as seen in the starting table. Identify the various cost types: Prevention, Appraisal, Internal and external Failure for each cost. Once you have identified the costs, create a comparative report of the Cost of Quality contrasting 2020 vs. 2019 annual costs. Insert the detail costs into the appropriate cost categories. Comment on your observations of the comparative data. % of Sales % of Sales Description Sales Revenues 2,019 16,000,000 2,020 20,000,000 2 $ $ 4 Testing Downtime Product Liability Lawsuits 5,250 90,600 6,840 4,190 Process inspection 6,840 4,500 Reinspection of Rework 8 Materials Inspection 9 Scrap 10 Customer Complaints 11 Testing Equipment 12 Preventive Maintenance 13 Lost Sales 14 Field Testing 15 Quality Training 16 Warranty Repairs 17 Rework 18 Total Costs 3,150 358,000 5,205 6,510 4,450 8,600 7,690 16,540 22,600 16,800 15,425 30,850 31,870 45,700 573,390 2,270 15,910 23,800 3,750 22,460 28,490 16,740 12,680 244,320 0.00% $ 0.00% Wilmington Western Electronic Comprents, Inc. Costs of Quality - Percent of Sales Dollars 2,019 % of Sales 2,020 $16,000,000 $20,000,000 Description % of Sales Change ales Revenues $4,000,000 Prevention Cost: Total Prevention Cost $0 0.00% $0 0.00% $0 Appraisal Cost: Total Appraisal Cost $0 0.00% $0 0.00% Internal Failure Cost: Total Internal Failure Cost $0 0.00% $0 0.00% External Fallure Cost: 11 Total External Failure Cost $0 0.00% 0.00% Total Costs $0 0.00% SO 0.00%

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