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need help plz with accounting for these questions Process Activity Anatrna for a Service Company Statewide Insurance Compary has a process for making payments on

need help plz with accounting for these questions
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Process Activity Anatrna for a Service Company Statewide Insurance Compary has a process for making payments on insurance claims as follows: An activity analysis novealed that the cost of these activities was as follows: This process includes only the cost of processing the claim payments, not the actual amount of the claim payments, The adjusting activity involves verifying and eatimating the amount of the claim and is varisble to the number of claims adjated. The procest received, adjusted, and paid 7,700 daims during the periad. All elaims were treated identically in this process. To improve the cost of this process, management has determined that claims shouid be segregated into two categories. Claims under $1,000 and claims greater than $1,000 : claims under $1,000 would not be adjusted but would be accepted upan the insureds evidence of claim. Clairra above $1,000 would be adjusted, It is estimated that 75% of the claims ere under $1,000 and would thas be poid widhout adjustment. If is also estimatod that the additional effort to segregate claims would add 15% to the "receiving claim" activity cost. a. Develop o table showing the percent of individual activity cost to the total process cost. Round the percents to the nearest whole number, if required. Statewide Insurance Company Individual activity cost to the total process cost b. Determine the average total process cost per claim payment, assuming 7,700 total claims. Round to the nearest whole dollac. per paid claim c. Prepare a table showing the changes in the activity costs as a reliclt of the changes proposed by management. If an amount is zero, leave the entry box blank. Use the minus sign to indicate an additional cost in the last column. Statewide Insurance Company Changes in the activity costs d. Estimate the averape cost per claim payment, assuming that the changes proposed by management are enacted for 7,700 total claims. Round to the nearest cent. 1 per paid claim Cost of Quality and Value-Added/Non-Value-Added Reports for a Service Company Three Rivers Inc. provides cable TV and Internet service to the local community. The activities and activity costs of Three Rivers are identified as follows: a. Identify the cost of quality classification for each activity and whether the activity is value-added or non-value-added. Correct b. Prepare a cost of quality report. Assume that sales are $2,360,000. If required, round percentages to one decimal place. c. Prepare a value-addedon-value-added analysis. Three Rivers Inc. Value-Added/NonValue-Added Activity Lean Accounting Vintage Audio Inc, manufactures audio speakers. Each speaker requires $127 per unit of direct materials. The speaker manufacturing assembly cell includes the following estimated costs for the period: The operating plan calls for 135 operating hours for the period. Each speaker requires 15 minutes of cell process time. The unit selling price for each speaker is $344. During the period, the following transactions occurred: 1. Purchased materials to produce 485 speaker units. 2. Applied conversion costs to production of 460 speaker units. 3. Completed and transferred 440 speaker units to finished goods. 4. Sold 420 speaker units. There were no inventories at the beginning of the period. a. Journalize the summary transactions (1)-(4) for the period. Round the per unit cost to the nearest cent and use in subsequent computations. If an amount box does not require an entry, leave it blank. b. Determine the ending balance of raw and in process inventory and finished goods inventory

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