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 20x1 are as follows: Activities Activity Driver SQ AQ SP Purchasing parts Purchase orders 1,900 $385 Receiving orders 3,800 345 Receiving parts Moving parts Setting up equipment 3,250 6,500 2,200 6,700 0 240 Number of moves Setup hours 0 330 The actual prices paid per unit of each activity driver were equal to the standard prices. Required: 1. Prepare cost report that lists the value-added, non-value-added, and actual costs for each activity. If an amount is zero, enter "O". Sanford, Inc. Value- and Non-Value Added Cost Report For the Year Ended December 31, 20x1 Value Added Non-Value-Added Actual Purchasing parts Receiving parts Moving parts 10 Setting up equipment $ X Total $