Question: Non - Value - Added Activities: Non - Value - Added Cost Thayne Company has 4 0 clerks that work in its Accounts Payable Department.
NonValueAdded Activities: NonValueAdded Cost
Thayne Company has clerks that work in its Accounts Payable Department. A study revealed the following activities and the relative time demanded by each activity:
Activities
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 $
Required:
Classify the four activities as valueadded or nonvalueadded, and calculate the clerical cost of each activity.
Comparing documents
Resolving discrepancies
Preparing checks
Mailing checks
Percentage of Clerical Time
Valueadded
Valueadded
Please help me solve the problems with the red x
Check your work and remember Valueadded costsSQStandard Quantity SP Standard Price
NonvalueaddedcostsAQ Actual QuantitySQ SP
Will upvote if all parts are done correctly! Thanks
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