Which of the following is a value-added activity? engineering design machinery repair inventory storage inspections
Which of the following is a value-added activity?
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engineering design |
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machinery repair |
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inventory storage |
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inspections |
Homework Answers
engineering design
value-added activity is any activity or action taken that increases the benefit of a good or service to a customer. So machinery repair, inventory storage and inspections are non-value added activity but engineering design is a valaue-added activity.
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Which of the following is a value-added activity?
engineering design
machinery repair
inventory storage
inspections
Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for...
Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials Inspections Tests Insurance, plant Engineering design Depreciation, machinery Machine setup, indirect labor Property taxes Oil, heating Electricity, plant lighting Engineering prototypes Depreciation, plant Electricity, machinery Machine maintenance wages $4,000 16,000 4,000 110,000 140,000 520,000 20,000 29,000 19,000 21,000 60,000 210,000 36,000 19,000 Classify the above costs of Santana Corporation into activity cost pools using the following:...
Exercise 4-6 Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are...
Exercise 4-6 Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials $ 4,000 Inspections 16,000 Tests 4,000 Insurance, plant 110,000 Engineering design 140,000 Depreciation, machinery 520,000 Machine setup, Indirect labor 20,000 Property taxes 29,000 Oil, heating 19,000 Electricity, plant lighting 21,000 Engineering prototypes 60,000 Depreciation, plant 210,000 Electricity, machinery 36.000 Machine maintenance wages 19.000 Classify the above costs of Santana Corporation into activity cost pools...
either value-added or non–value-added.
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pany using activity-based manavement identify cach of the following activities as (V) value-added or (N) nonvalue-added. (8 Points) 1. Designing car seats to maximize comfort. 2. Storing additional materials for future production 3. Special packaging of products for safety reasons. 4. Scrapping defective production materials. 5. Assembling lawn mowers at the local hardware store. 6. Moving parts from storage to the factory for manufacturing. 25. Theron Industries has the following financial data related to its quality control program. Initial raw...
Which of the following is the best example of a non-value added activity? Rental care company...
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1., Which of the following statements is(are) true about non value added activities? Non value added activities are oft...
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Which of the following is not a batch-level activity! 1) Assembling 2) Inspection 3) Equipment setups...
Which of the following is not a batch-level activity! 1) Assembling 2) Inspection 3) Equipment setups 4) Purchase ordering Question 27 (2.5 points) For its inspecting cost pool, Davidson, Inc. expected overhead cost of $300,000 and 4,000 inspections. The actual overhead cost for that cost pool was $360,000 for 5,000 inspections. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is 1) $60 per inspection. 2) $72 per inspection. 3) $75 per inspection....
Which one of the following is an intangible fixed asset? Account receivable Building Copyright Inventory Machinery
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Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials Inspections Tests Insurance, plant Engineering design Depreciation, machinery Machine setup, indirect labor Property taxes Oil, heating Electricity, plant lighting Engineering prototypes Depreciation, plant Electricity, machinery Machine maintenance wages $4,000 16,000 4,000 110,000 140,000 520,000 20,000 29,000 19,000 21,000 60,000 210,000 36,000 19,000 Classify the above costs of Santana Corporation into activity cost pools using the following:...
Exercise 4-6 Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials $ 4,000 Inspections 16,000 Tests 4,000 Insurance, plant 110,000 Engineering design 140,000 Depreciation, machinery 520,000 Machine setup, Indirect labor 20,000 Property taxes 29,000 Oil, heating 19,000 Electricity, plant lighting 21,000 Engineering prototypes 60,000 Depreciation, plant 210,000 Electricity, machinery 36.000 Machine maintenance wages 19.000 Classify the above costs of Santana Corporation into activity cost pools...
pany using activity-based manavement identify cach of the following activities as (V) value-added or (N) nonvalue-added. (8 Points) 1. Designing car seats to maximize comfort. 2. Storing additional materials for future production 3. Special packaging of products for safety reasons. 4. Scrapping defective production materials. 5. Assembling lawn mowers at the local hardware store. 6. Moving parts from storage to the factory for manufacturing. 25. Theron Industries has the following financial data related to its quality control program. Initial raw...
Which of the following is the best example of a non-value added activity? Rental care company filling the windshield washer fluid in a newly rented car B. Placing a shipping label on a box c Changing the sheets on a hotel room bed Getting a supervisor to approve your machine settings
Cost of Quality and Value-Added/Non -Value-Added Reports for a Service Company Three Rivers Inc. provides cable TV and Internet service to the local community. The activities and activity costs of Three Rivers are identified as follows: a. Identify the cost of quality classification for each activity and whether the activity is value-added or non-value-added. Value-Added / Activity Quality Cost Non-Value-Added Quality Control Activities Cost Classification Classification Billing error correction $24,500 Cable signal testing 91,800 Reinstalling service (installed incorrectly the first...
Which of the following is not a batch-level activity! 1) Assembling 2) Inspection 3) Equipment setups 4) Purchase ordering Question 27 (2.5 points) For its inspecting cost pool, Davidson, Inc. expected overhead cost of $300,000 and 4,000 inspections. The actual overhead cost for that cost pool was $360,000 for 5,000 inspections. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is 1) $60 per inspection. 2) $72 per inspection. 3) $75 per inspection....
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