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Walton Company has measured its quality costs for the past two years. After the company gathers its quality cost data, it summarizes those costs

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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 Last Year $357,000 $ 409,400 This Year $ 695,500 $ 869,000 $ 594,100 $545,000 $ 1,078,000 External failure costs Required: $ 659,600 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. 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 Required 2 >

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