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Trend Analysis, Quality Costs In 20x1, Milton Thayne, president of Sarbondale Electronics, received a report indicating that quality costs were 31 percent of sales. Faced

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Trend Analysis, Quality Costs In 20x1, Milton Thayne, president of Sarbondale Electronics, received a report indicating that quality costs were 31 percent of sales. Faced with increasing pressures from imported goods, Mito resolved to take measures to improve the overall quality of the company's products. After hiring a consultant in 2000, the company bed an aggressive program of total quality control. At the end of 20x5, Mitton requested an analysis of the progress the company had made in reducing and control quality costs. The Accounting Department assembled the following data: Sales Prevention Appraisal Internal Failure External Failure 20x1 $500,000 55.000 $10,000 $80,000 $60,000 20x2 600,000 25.000 15,000 60,000 50,000 700,000 35,000 30,000 35,000 25,000 2014 600,000 40,000 15,000 25,000 20,000 20x5 500,000 50,000 5.000 12.000 3.000 Required: 1. Compute the quality costs as a percentage of sales by category and in total for each year. Round "Percentage of Sales to four decimal places before converting to a percentage. For example, 12428 would be rounded to 1243 and entered as 12:43 Appraisal Internal External Failure

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