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Walton Company measured its quality costs for the past two years and summarized those costs using the four categories shown below. Prevention costs Appraisal

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Walton Company measured its quality costs for the past two years and summarized those costs using the four categories shown below. Prevention costs Appraisal costs Internal failure costs External failure costs Required: Last Year $332,000 $ 471,700 $ 758,400 $ 1,144,000 This Year $ 663,000 $572,300 $ 505,000 $ 673,200 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. Req 1 Req 2 Req 3 4A Req 48 Calculate the total cost of quality last year and this year. Total cost of quality Last Year This Year Req 2 > direction: Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 4A Req 4B For last year, calculate the cost in each of the four categories as a percent of the total cost of quality. Note: Round your answers to 1 decimal place. Prevention costs Appraisal costs Internal failure costs External failure costs Total percent Last Year % % Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req3 Req 4A Req 48 For this year, calculate the cost in each of the four categories as a percent of the total cost of quality. Note: Round your answers to 2 decimal place.. Prevention costs Appraisal costs Internal failure costs External failure costs Total percent This Year Walton Company measured its quality costs for the past two years and summarized those costs using the four categories shown below: Prevention costs Appraisal costs Internal failure costs External failure costs. Required: Last Year $332,000 This Year $ 663,000 $572,300 $ 471,700 $ 758,400 $ 505,000 $ 1,144,000 $ 673,200 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. Req 1 Req 21 Req 3 Req 4A Req 48 Calculate the change in total cost of quality over the two-year period. Prevention and appraisal activities Internal and external failure costs The total cost of quality < Req3 Req 4B > Walton Company measured its quality costs for the past two years and summarized those costs using the four categories shown below: Prevention costs Appraisal costs Internal failure costs External failure costs Required: Last Year $ 332,000 $ 471,700 $ 758,400 $ 1,144,000 This Year $ 663,000 $572,300 $ 505,000 $ 673,200 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. Req 1 Req 2 Req 3 Reg 4A Rep 48 Is performance trending in a favorable or unfavorable direction? < Req 4A Req 48

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