Galaviz Company's quality cost report is to be based on the following data:
Required:
Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.

Quality Cost Report

A document outlining the expenses related to maintaining product quality, which encompasses prevention, appraisal, and failure costs.

Prevention Costs

Money spent on measures aimed at preventing defects in products or services prior to their occurrence.

Appraisal Costs

Costs associated with measuring, evaluating, or auditing products or services to ensure they meet quality standards.