TB Problem Qu. 12-132 (Static) Rigoletto Company's quality cost...

Rigoletto Company's quality cost report is to be based on the following data:

Lost sales due to poor quality	$ 24,000
Test and inspection of incoming materials	$ 94,000
Rework labor and overhead	$ 55,000
Test and inspection of in-process goods	$ 32,000
Product recalls	$ 47,000
Quality data gathering, analysis, and reporting	$ 15,000
Disposal of defective products	$ 88,000
Maintenance of test equipment	$ 58,000
Quality engineering	$ 98,000

Required: Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.