Schedule of Activity CostsQuality Control ActivitiesActivity CostProcess audits$50,400 Training of machine operators26,300 Processing returned products15,700 Scrap processing (disposal)24,100 Rework7,500 Preventative maintenance28,800 Product design44,900 Warranty work9,400 Finished goods inspection22,300 From the provided schedule of activity costs, determine the non-value-added costs.a.$114,500b.$56,700c.$229,400d.$47,300

Those activities that do not add any value to the goods produced from customer perspective but will increase the cost of the goods produced are called non-value-added activities.WORKINGS RESULT Correct option is B ($56,700).

Answered: Schedule of Activity Costs Quality…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Question

Schedule of Activity Costs
Quality Control Activities	Activity Cost
Process audits	$50,400
Training of machine operators	26,300
Processing returned products	15,700
Scrap processing (disposal)	24,100
Rework	7,500
Preventative maintenance	28,800
Product design	44,900
Warranty work	9,400
Finished goods inspection	22,300

From the provided schedule of activity costs, determine the non-value-added costs.

a.$114,500

b.$56,700

c.$229,400

d.$47,300

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions