following represents the financial information for Plaza Plastics for May and June:   May June Sales revenue $ 747,000 $ 540,000 Costs     Scrap $ 2,000 $ 1,710 Process inspection 2,880

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The following represents the financial information for Plaza Plastics for May and June:

  May June
Sales revenue $ 747,000 $ 540,000
Costs    
Scrap $ 2,000 $ 1,710
Process inspection 2,880 1,760
Quality training 23,780 11,720
Product testing equipment 5,180 4,340
Field testing 8,420 6,320
Warranty repairs 3,380 3,080
Rework 19,780 16,670
Preventive maintenance 16,220 8,570
Legal expense for warranty claims 7,820 4,340
Materials inspection 11,300 11,180

Required:

  1. Classify these items into Prevention, Appraisal, Internal failure, or External failure costs.
  2. Calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for May and June
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