Bobby,Inc,Has Developed Ideal Standards for Four Activities: Labour,materials,inspection,and Receiving The Actual Prices Paid Per Unit of Each Activity Driver

Essay

Bobby,Inc.,has developed ideal standards for four activities: labour,materials,inspection,and receiving.
Information is as follows:
$$\begin{array} { l l c c c } \text { Activit } & \text { Activit Driver } & \mathbf { SQ } & \mathbf { A Q } & \mathbf {SP}\\\hline \text { Labour } & \text { Hours } & 20,000 & 28,000 & 1 0 \\\text { Materials } & \text { Kilograns } & 100,00 & 150,000 & 9 \\\text { Inspection } & \text { Inspection hours } & 0 & 40,000 & 6 \\\text { Receiving } & \text { Orders } & 500 & 600 & 425\end{array}$$ The actual prices paid per unit of each activity driver were equal to the standard prices.
Complete the following cost report.
\begin{array}{lcccc} \text { Activity } & \text { Value-Added } &\text { Non-value-Added } & \text { Actual }\\ \text {Labour } &\$\underline{\quad\quad}&\$\underline{\quad\quad}&\$\underline{\quad\quad}\\ \text { Materials } &\underline{\quad\quad}&\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Inspection } &\underline{\quad\quad}&\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Receiving } &\underline{\quad\quad}&\underline{\quad\quad}&\underline{\quad\quad}\\ \text {Totals } &\$\underline{\quad\quad}&\$\underline{\quad\quad}&\$\underline{\quad\quad}\\end{array}