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Question 6 of 6 View Policies Current Attempt in Progress Lasso and Markowitz is a law firm that is initiating an activity based costing system.
Question 6 of 6 View Policies Current Attempt in Progress Lasso and Markowitz is a law firm that is initiating an activity based costing system. Sam Lasso, the senior partner and strong supporter of ABC, has prepared the following list of activities performed by a typical attorney in a day at the form Classify each of the activities listed by Sam Lasso as value-added or non-value-added. Activities Hours Writing contracts and letters 141 Attending staff meetings 0.45 Taking depositions 1.07 Doing research 0.95 Traveling to/from court 0.92 Contemplating legal strategy 1.12 Eating lunch 0.97 2.46 Litigating a case in court > Entertaining a prospective client 1:41 How much was value-added time? (Round answer to 2 decimal places, eg 213) Value-added time hours How much was non-value-added time? (Round answer to 2 decimal places, eg 213) Non-value-added hours
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