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Dewey and Cheatam is a law firm that is initiating an activity-based costing system. Jim...

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Accounting

Dewey and Cheatam is a law firm that is initiating an activity-based costing system. Jim Dewey, the senior partner and strong supporter of ABC, has prepared the following list of activities performed by a typical attorney in a day at the firm. Classify each activity as either value-added or non-value-added. Activity Hours Writing contracts and letters 1.0 value-addednon-value-added Attending staff meetings 0.5 non-value-addedvalue-added Taking depositions 1.0 non-value-addedvalue-added Doing research 1.0 value-addednon-value-added Traveling to/from court 1.0 value-addednon-value-added Contemplating legal strategy 1.0 non-value-addedvalue-added Eating lunch 1.0 value-addednon-value-added Litigating a case in court 2.5 value-addednon-value-added Entertaining a prospective client 2.0 non-value-addedvalue-added How much was value-added time?(Round answer to 1 decimal place, e.g. 10.5.) hours How much was non-value-added?(Round answer to 1 decimal place, e.g. 10.5.) hours Click here if you would like to Show Work for this question

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