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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
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 This Year $ 353,400 $ 400,500 $ 782,100 $ 617,500 $ 594,100 $ 510,000 $ 1,122,000 $ 707,200 External failure costs Required: 1. Calculate the total cost of quality last year and this year. Last Year This Year Total cost of quality
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