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Walton Company measured its quality costs for the past two years and summarized those costs...

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Question

Accounting

Walton Company measured its quality costs for the past two years and summarized those costs using the four categories shown
below:
Required:
Calculate the total cost of quality last year and this year.
For last year, calculate the cost in each of the four categories as a percent of the total cost of quality.
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.
Calculate the total cost of quality last year and this year.
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