Rich Novelty Company identified the following activities in its production and support operations. Classify each of these

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Rich Novelty Company identified the following activities in its production and support operations. Classify each of these activities as either value-added or non–value-added.

(a) Purchasing.

(b) Receiving.

(d) Storing inventory.

(e) Cost accounting.

(f) Moving work in process

(g) Inspecting and testing.

(h) Painting and packing.

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Accounting Tools for business decision making

ISBN: 978-0470095461

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Authors: kimmel, weygandt, kieso

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Question Posted: Mar 01, 2012 11:29 PM

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Rich Novelty Company identified the following activities in its production and support operations. Classify each of these

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Accounting Tools for business decision making

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