Walton Company has measured its quality costs for the past two years. After the company gathers its quality cost data, it summarizes those costs using the four categories shown below: Prevention costs Appraisal costs Internal failure costs External failure costs Required: Last Year $357,000 $ 485,100 $ 829,500 $ 1,012,000 This Year $ 637,000 $594,100 $ 550,000 $720,800 1. Calculate the total cost of quality last year and this year. 2. For last year, calculate the cost in each of the four categories as a percent of the total cost of quality. 3. For this year, calculate the cost in each of the four categories as a percent of the total cost of quality. 4-a. Calculate the change in total cost of quality over the two-year period. 4-b. Is performance trending in a favorable or unfavorable direction? Complete this question by entering your answers in the tabs below. Check ma Required 1 Required 2 Required 3 Required 4A Required 48 Calculate the total cost of quality last year and this year. Total cost of quality Last Year This Year < Prev 3 of 4 www Next >