Norm Johnson Novelty Company identified the following activities in its pro- duction and support operations. Classify each

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Norm Johnson Novelty Company identified the following activities in its pro- duction and support operations. Classify each of these activities as either value-added or nonvalue-added.

(a) Purchasing.

(b) Receiving. N N

(c) Design engineering.

(d) Storing inventory.

(e) Cost accounting. NV

(f) Moving work-in-process. V

(g) Inspecting and testing.

(h) Painting and packing.

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Managerial Accounting Tools For Business Decision Making

ISBN: 9780471413653

2nd Canadian Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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