ID: A 7. Identify the following activities, performed on a manufactured product, as value-adding (V) or nonvalue-adding (NV). a. Receiving b. Storing raw material:s c. Moving materials d. Working on product e. Painting product f. Packing and shipping g. Engineering design of product h. Storing finished goods Listed below are the activities of T ammy's Toy Store. Identify the level at which each activity would he 8. classified in the cost hierarchy used with ABC. Indicate each activity as unit level (UL), batch level (BL product level (PL), or facility level (FL). a. Designing a new product b. Using direct materials c. Setting up equipment d. Maintaining a building -g. Handling materials h. Cleaning up processing area e. Assembling the product f. Receiving raw materials