12 Exercise 12.15 Trend Report, Non-Value-Added Costs. Chapter Refer to Exercise 12.14. Suppose that for 20x2, Sanford Inc., has chosen suppliers that provide higher-quality parts and redesigned its plant layout to reduce material movement. Additionally, Sanford implemented a new setup procedure and provided training for its purchasing agents. As a consequence, less setup time is required and fewer purchasing mistakes are made. At the end of 2020, the information shown on page 680 is provided. Activates Activity Driver Purchasing Parts Receiving Part Purchase Orders Receiving Orders Number of moves Moving Parts Setting up equipment Setup Hours Required: SQ 0 2,600 5,200 0 AQ 3,120 2,600 6,500 840 SP 117 $300 195 395 1. Prepare a report that compares the non-value-added costs for 20x2 with those of 20x1 2. What is the role of activity reduction for non-value-added activities? For value-added activities? 3. Comment on the value of a trend report.

12 Exercise 12.15 Trend Report, Non-Value-Added Costs. Chapter Refer to Exercise 12.14. Suppose that for 20x2, Sanford Inc., has chosen suppliers that provide higher-quality parts and redesigned its plant layout to reduce material movement. Additionally, Sanford implemented a new setup procedure and provided training for its purchasing agents. As a consequence, less setup time is required and fewer purchasing mistakes are made. At the end of 2020, the information shown on page 680 is provided. Activates Activity Driver Purchasing Parts Receiving Part Purchase Orders Receiving Orders Number of moves Moving Parts Setting up equipment Setup Hours Required: SQ 0 2,600 5,200 0 AQ 3,120 2,600 6,500 840 SP 117 $300 195 395 1. Prepare a report that compares the non-value-added costs for 20x2 with those of 20x1 2. What is the role of activity reduction for non-value-added activities? For value-added activities? 3. Comment on the value of a trend report.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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