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 Purchasing parts Receiving parts Moving parts Setting up equipment Activity Driver Purchase orders Receiving orders SQ AQ SP 1,900 3,200 $305 3,800 6,700 260 Number of moves Setup hours 0 2,100 215 0 7,800 335 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 Purchasing parts Receiving parts Moving parts Setting up equipment Total Value-Added Non-Value-Added 2. Which activities are non-value-added? Actual