1. Toyota assesses quality costs: Prevention ($2,000,000), Appraisal ($1,500,000), Internal failure ($1,000,000), External failure ($500,000).
   • Requirements:
     • Classify quality costs by cost category and align with revenue recognition guidelines.
     • Calculate the cost of poor quality as a percentage of sales considering revenue recognition principles.
     • Prepare a quality cost analysis report with revenue recognition implications.
     • Recommend strategies to reduce quality costs while maintaining compliance with revenue recognition practices.
     • Evaluate the impact of revenue recognition on customer satisfaction and brand reputation related to quality cost management.