12% 73 10 5 Non-Value Added Activities: Non-Value Added Cost Thayne Company has 30 clerks that work in its Accounts Payable Department. A study revealed the following activities and the relative time demanded by each activity: Activities Percentage of Clerical Time Comparing purchase orders and receiving orders and invoices Resolving discrepancies among the three documents Preparing checks for suppliers Making journal entries and mailing checks The average salary of a clerk is $40,000 Required: Classify the four activities as value-added or non-value-added, and calculate the clerical cost of each activity Comparing documents Resolving discrepancies Preparing checks Malling checks