Cost-of-Quality (COQ) Report: Environmental Management You are given the following environ...

Cost-of-Quality (COQ) Report: Environmental Management You are given the following environmental quality-related costs:

Required

1. Prepare a cost-of-quality (COQ) report of environmental management for the year. Determine subtotals for each of the four reporting categories and express each subtotal as a percentage of total operating expenses ($10,000,000) for the year.

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2. Based on the report you prepare, what conclusions can you draw regarding the company’s environmental quality performance for the year?

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3. Can you offer management suggestions for the design of an effective cost-of-quality reporting system for the environmental program? (That is, what would make for a good reporting system?)