Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 13 - Pricing Decisions and Cost Management - Assignment Material - Questions - Page 540: 13-8

Answer

Two examples of value-added costs are direct materials used in manufacturing and direct labor costs for production workers. Two examples of non-value-added costs are the cost of excess inventory storage and expenses related to rework and defects in the production process.

Work Step by Step

Two examples of value-added costs are direct materials used in manufacturing and direct labor costs for production workers. Two examples of non-value-added costs are the cost of excess inventory storage and expenses related to rework and defects in the production process.
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