Requirements 1. Prepare a Cost of Quality (COQ) report. In addition to calculating the total costs of each category, calculate the percentage of COQ category of the total COQ. 2. Why would the variable repair cost at the customers' home generally be higher than the "in factory" rework cost? 3. How can use of the COQ report lead to improvements in the production process or in the quality of the product itself? Print Done Grayson Industries manufactures freezers. Here is some information about its "LX17" line of freezers over the past year: (Click the icon to view the information.) Read the requirements. Data table - X Requirement 1. Prepare a Cost of Quality (COQ) report. In addition to calculating the total costs of each category, input field is not used in the table, leave the input field empty; do not select a label or enter a zero.) an Number of units manufactured and sold 2,500 units Grayson Cost of Quality Report Costs Incurred Total Costs of Quality Percentage of Total Cost of Quality (Rounded) Selling price per unit S 2,000 Variable manufacturing and selling costs per unit $ 1,100 Prevention Costs: Hours spent by engineers Improving design 800 Testing and inspection hours per unit 1.0 hours Percentage of units reworked in the plant after inspection.. Average variable rework costs per freezer......... 4% S 300 Total prevention costs Appraisal Costs: % Percentage of units repaired under warranty at customers' homes. Average variable repair costs at customers' homes per freezer.. Estimated lost sales due to quality.reputation.. 10% $ 500 550 units Design engineer's labor rate (includes benefits and payroll taxes) Inspection costs per hour.... $80 per hour $30 per hour Total appraisal costs Internal Failure Costs: % Print Done