Larry Ltd.has developed ideal standards for four activities: labour, materials, inspection, and receiving. Information is as follows: The actual prices paid per unit of each activity driver were equal to the standard prices. The nonvalue-added costs for inspection are

A) £420,000.
B) £60,000.
C) £480,000.
D) £40,000

Question

Larry Ltd.has developed ideal standards for four activities: labour, materials, inspection, and receiving. Information is as follows: The actual prices paid per unit of each activity driver were equal to the standard prices. The nonvalue-added costs for inspection are

A) £420,000. 
B) £60,000. 
C) £480,000. 
D) £40,000

Quizplus · Accepted Answer

The Answer of Larry Ltd.has developed ideal standards for four activities: labour, materials, inspection, and receiving. Information is as follows: The actual prices paid per unit of each activity driver were equal to the standard prices. The nonvalue-added costs for inspection are

A) £420,000. 
B) £60,000. 
C) £480,000. 
D) £40,000

Larry LtdHas Developed Ideal Standards for Four Activities: Labour, Materials, Inspection