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Non - Value - Added Activities: Non - Value - Added Cost Thayne Company has 4 0 clerks that work in its Accounts Payable Department.

Non-Value-Added Activities: Non-Value-Added Cost
Thayne Company has 40 clerks that work in its Accounts Payable Department. A study revealed the following activities and the relative time demanded by each activity:
Activities
Comparing purchase orders and receiving orders and invoices
Resolving discrepancies among the three documents
Preparing checks for suppliers
Making journal entries and mailing checks
The average salary of a clerk is $41,700.
Required:
Classify the four activities as value-added or non-value-added, and calculate the clerical cost of each activity.
Comparing documents
Resolving discrepancies
Preparing checks
Mailing checks
Percentage of Clerical Time
11%
72
7
10
10
Value-added
Value-added
Please help me solve the problems with the red x
Check your work and remember Value-added costs=SQ(Standard Quantity)* SP (Standard Price)
Non-value-added-costs=(AQ (Actual Quantity)-SQ)* SP
Will upvote if all parts are done correctly! Thanks
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