In response to imtensive foreign competition, the management of Florex Company has attempted over the past yoar to improve the Guality of its products. A statrstical process control system has been instaled and other steps hawe been taken to docrease the amount of Warranty and othor field costs, which have been trending upward over the past several years. Costs relaing to ouality and quality control ower the iast two years are given below: Sales have been fat oyer the past fer years, at $00,000.000 per yeat, A great deal of money has been spent in the effort to upgrade quality, and management is are ous to see whether of not the efot has been elfective. Required: 1. Prepare a tuality cost report that contains data for both this yoar and last year. (Enter amount values in thousands. Round your percentage anserets to 2 decimal places (L.e 0.1234 should be entered as 12.34) ) In response to imtensive foreign competition, the management of Florex Company has attempted over the past yoar to improve the Guality of its products. A statrstical process control system has been instaled and other steps hawe been taken to docrease the amount of Warranty and othor field costs, which have been trending upward over the past several years. Costs relaing to ouality and quality control ower the iast two years are given below: Sales have been fat oyer the past fer years, at $00,000.000 per yeat, A great deal of money has been spent in the effort to upgrade quality, and management is are ous to see whether of not the efot has been elfective. Required: 1. Prepare a tuality cost report that contains data for both this yoar and last year. (Enter amount values in thousands. Round your percentage anserets to 2 decimal places (L.e 0.1234 should be entered as 12.34) )