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 $20$x$1$ are as follows:

Activities Activity Driver SQ AQ SP

Purchasing parts Purchase orders $3,5004,520$ $$265$

Receiving parts Receiving orders $7,0009,400195$

Moving parts Number of moves $03,400395$

Setting up equipment Setup hours $06,900365$

The actual prices paid per unit of each activity driver were equal to the standard prices.

Required:

Question Content Area

$1.$ 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 $31,20$x$1$

blank Value$-$Added Non$-$Value$-$Added Actual

Purchasing parts $fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_1$

$fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_2$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_3$

Receiving parts fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_4$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_5$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_6$

Moving parts fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_7$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_8$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_9$

Setting up equipment fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_10$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_11$

fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_12$

Total $fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_13$

$fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_14$

$fill in the blank $24$f$7$cdf$4$afc$5$ff$3\_15$