Using the data in exercise 22, prepare a cost of quality report for Year 1 and Year 2.

Data From Exercise 22

Cool Corporation manufactures freezers. The following table presents financial information for two years.

Year 1 Year 2 Sales. $2,450,000 $2,200,000 Quality Costs: Quality training. Scrap. Production process design.. Repair of returned goods. Rework (goods spoiled during production Preventive maintenance.. Materials inspection.. Finished product testing.. 16,500 18,800 18,500 19,300 130,000 198,000 43,000 48,000 . 170,000 185,000 95,000 135,000 65,000 48,000 94,000 124,000