Quality Cost Report

Kang Company reported sales of $3,240,000 in 20x5. At the end of the calendar year, the following quality costs were reported:

Design review	$162,000
Recalls	54,000
Reinspection	27,000
Materials inspection	21,600
Quality training	54,000
Process acceptance	27,000
Scrap	18,900
Lost sales	108,000
Product inspection	16,200
Returned goods	51,300

Required:

1. Prepare a quality cost report. Round percentages to two decimal places, if rounding is required. For example, 5.79% would be entered as "5.79".

Kang Company
Quality Cost Report
For the Year Ended December 31, 20x5
	Quality Costs	Total Quality Cost	Percentage of Sales
Prevention costs:
Design review	$fill in the blank 908167fa5fef07c_2
Quality training	fill in the blank 908167fa5fef07c_4	$fill in the blank 908167fa5fef07c_5	fill in the blank 908167fa5fef07c_6%
Appraisal costs:
Materials inspection	$fill in the blank 908167fa5fef07c_8
Process acceptance	fill in the blank 908167fa5fef07c_10
Product inspection	fill in the blank 908167fa5fef07c_12	fill in the blank 908167fa5fef07c_13	fill in the blank 908167fa5fef07c_14
Internal failure costs:
Reinspection	$fill in the blank 908167fa5fef07c_16
Scrap	fill in the blank 908167fa5fef07c_18	fill in the blank 908167fa5fef07c_19	fill in the blank 908167fa5fef07c_20
External failure costs:
Recalls	$fill in the blank 908167fa5fef07c_22
Lost sales	fill in the blank 908167fa5fef07c_24
Returned goods	fill in the blank 908167fa5fef07c_26	fill in the blank 908167fa5fef07c_27	fill in the blank 908167fa5fef07c_28
Total quality costs		$fill in the blank 908167fa5fef07c_29	fill in the blank 908167fa5fef07c_30%