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 Purchasing parts Receiving parts Purchase orders Receiving orders Number of moves Setup hours SQ AQ SP 3,100 4,570 $255 6,200 8,500 245 0 2,700 380 0 9,500395 Moving parts Setting up equipment 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 Purchasing parts Receiving parts Actual Moving parts Setting up equipment Total 2. Which activities are non-value-added