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The following information shows last year's quality-related costs for the Madrigal Company: Total sales for...

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Accounting

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The following information shows last year's quality-related costs for the Madrigal Company: Total sales for the year were $120,000,000. Required: a.) Prepare a cost-of-quality report grouping costs into prevention, appraisal, internal failure, and external failure. Also show costs as a percent of sales. b.) Interpret the data and make recommendations to Madrigal's management

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