2. EX.12.14.ALGO (Algorithmic) Cost Report, Value-Added and Non-Value-Added Costs Sanford, Inc., has developed value-added standards for four activities: purchasing parts, receiving parts, moving parts, and setting up equipment. The activities, the activity drivers, the standard and actual quantities, and the price standards for 20x1 are as follows: Activities Activity Driver SQ AQ SP Purchasing parts Purchase orders 2,200 3,290 $125 Receiving parts Moving parts Setting up equipment Setup hours Receiving orders 4,400 7,300 290 Number of moves 0 2,300 200 0 6,600 290 The actual prices paid per unit of each activity driver were equal to the standard prices. Required: 1. Prepare a cost report that lists the value-added, non-value-added, and actual costs for each activity. If an amount is zero, enter "0" Sanford, Inc. Value- and Non-Value-Added Cost Report For the Year Ended December 31, 20x1 Value-Added Non-Value-Added Actual Purchasing parts Receiving parts Moving parts Setting up equipment Total 2. Which activities are non-value-added