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Homework: Module 1 Chapter 1 Assignment Questions Save Score: 3.89 of 20 pts 18 of 25 (22 complete) HW Score: 65.05%, 170.42 of 262 pts E13-18 (similar to) Question Help Curran Associates prepares architectural drawings to conform to local structural-safety codes. E (Click the icon to view the income statement) (Click the icon to view the percentage of time spent on activities) Assume administrative and support costs vary with professionallabor costs. Consider each requirement independently Read the requirements Requirement 1. How much of the total costs in 2017 are value-added, non-value-added, or in the gray area between? Explain your answers briefly. What actions can Curran take to reduce its costs? Begin by calculating the total labor costs, then calculate the total costs. (If a box is not used in the table, leave the box empty: do not enter a zero Round your answers to the nearest whole dollar) Value Gray Area Added $ 333,222 Non-value Added Total $ 333,222 22,515 $ 36,024 36,024 5) (5 $ 22,515 =) (19 (C) (21 od Making calculations and preparing drawings kbo Checking calculations and drawings (bo Correcting errors found in drawings (bd Making changes in response to client requests 75 Correcting errors to meet government building code Total professional labor costs 0 (S Administrative and support costs 35 (6 Travel 27,018 27.018 31,521 static 31,521 360,240 22 515 67,545 450,300 (0/20 (0/10 Total Homework: Module 1 Chapter 1 Assignment Questions Save Score: 3.89 of 20 pts 18 of 25 (22 complete) HW Score: 65.05%, 170.42 of 262 pts E13-18 (similar to) Question Help Curran Associates prepares architectural drawings to conform to local structural-safety codes. E (Click the icon to view the income statement) (Click the icon to view the percentage of time spent on activities) Assume administrative and support costs vary with professionallabor costs. Consider each requirement independently Read the requirements Requirement 1. How much of the total costs in 2017 are value-added, non-value-added, or in the gray area between? Explain your answers briefly. What actions can Curran take to reduce its costs? Begin by calculating the total labor costs, then calculate the total costs. (If a box is not used in the table, leave the box empty: do not enter a zero Round your answers to the nearest whole dollar) Value Gray Area Added $ 333,222 Non-value Added Total $ 333,222 22,515 $ 36,024 36,024 5) (5 $ 22,515 =) (19 (C) (21 od Making calculations and preparing drawings kbo Checking calculations and drawings (bo Correcting errors found in drawings (bd Making changes in response to client requests 75 Correcting errors to meet government building code Total professional labor costs 0 (S Administrative and support costs 35 (6 Travel 27,018 27.018 31,521 static 31,521 360,240 22 515 67,545 450,300 (0/20 (0/10 Total