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 Last Year $ 389,100 $ 467,300 $ 837,400 $ 1,100,000 This Year $ 669,500 $ 545,000 $ 465,000 $ 612,000 Required: 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?

Walton Company has measured its quality costs for the past two years. Ater the company gothers its quality cott data, it summarizes those costs using the four categories shown below: Required: 1. Calculate the total cost of quality last year and this yeat 2. For last yeat, calculate the cost in each of the four categorles as a percent of the total cost of quality 3. For this year, calculate the cost in each of the four categorles 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