Required: (a) Prepare a cost of quality report (in tabulated form) which should consist of the following information: i. Classification of the quality costs under prevention costs, appraisal costs. internal failure costs, and external failure costs categories. (9 marks) ii. Calculation analysis in terms of percentage of total quality costs. (4 marks) ili. Calculation/ Analysis in terms of percentage of total sales. (5 marks) (b) Explain how management can benefit from cost of quality report. (2 mark)Question 1 Cost of Quality Report 20 marks Ace Ltd. manufactures and sells kids motorbikes. The Company's management is concerned about the quality of their product and has asked the management accountant to identify all the quality related costs and submit a report. The following list of quality costs have been identified by the accountant, for the financial year| ended 30th September 2019. Quality Costs $ Technical support to suppliers of materials (used in the manufacture of bikes) 6 000 Finished goods inspection 25 000 Product design reviews 12 000 Quality testing 5 000 Rework 9 000 Scrap 15 000 Employee quality training 35 000 Customer quality complaints 20 000 Returned goods 10 000 Sales revenue for the Company was $950 000 for the same financial year