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This year, Finn Corporation implemented programs designed to assess the costs of quality for the company. However, the company recently suffered a data loss, and
This year, Finn Corporation implemented programs designed to assess the costs of quality for the company. However, the company recently suffered a data loss, and some of its records have been either partially or completely erased. The accounting intern for Finn Corporation has located a copy of a recent cost of quality report, shown below, but the quality activity analysis used to create the report has been lost. Cost of Quality Report Percent of Total Percent of Total Quality Cost Classification Ouality Cost Ouality Cost Sales $336,300.00 85,500.00 68,400.00 79,800.00 $570,000.00 2 Prevention Appraisal 4Internal failure 5 External failure 6 Total 59.0% 15.0 12.0 14.0 100.0% 4.5 3.6 4.2 30.0%
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