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Label the Following Costs as Value-Adding (VA) or Non-Value-Adding (NVA)

Question 105

Essay

Label the following costs as value-adding (VA) or non-value-adding (NVA):
____ 1. Engineering design
____ 2. Machine repair
____ 3. Inventory storage
____ 4. Machining
____ 5. Assembly
____ 6. Painting
____ 7. Inspections
____ 8. Packaging

Correct Answer:

verifed

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1. VA 5. VA
2. NVA 6...

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