Identify the following quality control activities as either value-added or non-value-added. Value-added Non-value-added Scrap material Processing returned materials Rework Finished goods inspection Preventive machine maintenance Customer service calls Design engineering Materials inspection On October 31, the end of the first month of operations, Morristown & Co. prepared the following income statement based on absorption costing: If the fixed manufacturing costs were $42,900 and the variable selling and administrative expenses were $14,600, prepare an income statement using variable costing