Internal reports on quality at Lakelawn Press Company generated the following information for the School Division for the first three months of the year:
Total sales..................................$50,000,000
Costs of quality:
Prevention....................................$ 523,000
Appraisal..........................................77,000
Internal failure.................................860,000
External failure 640,000
Compute the following. (Round to two decimal places.)
1. Total costs of quality as a percentage of sales
2. Ratio of costs of conformance to total costs of quality
3. Ratio of costs of nonconformance to total costs of quality
4. Costs of nonconformance as a percentage of total sales