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

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.