An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
a.
Percent of
Total
Activity Cost Process
Preparing materials request
Requesting, receiving, and selecting vendor bids
Preparing purchase order
Preparing receiving ticket
Matching M/R, R/T, and invoice
Correcting reconciliation differences
Preparing and delivering vendor payment
Total process activity cost
The two activities that are good candidates for improvement are:
b.
Average process cost per payment:
Total Activity Cost / Number of Payments = Average Cost per Payment
c.
Activity Cost Activity Cost Activity
Prior to After Cost
Activity Improvement Improvement Savings
Preparing materials request
Requesting, receiving, and selecting vendor bids
Preparing purchase order
Preparing receiving ticket
Matching M/R, R/T, and invoice
Correcting reconciliation differences
Preparing and delivering vendor payment
Totals
d.
Average process cost per paid claim:
Total Activity Cost / Number of Payments = Average Cost per Payment
0%
Exercise 27(13)-21
Name:
Section:
Score:
[Key code here]
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
a.
Percent of
Total
Activity Cost Process
Preparing materials request 32,000$ 8%
The two activities that are good candidates for improvement are:
b.
Average process cost per payment:
c.
Activity Cost Activity Cost Activity
Prior to After Cost
Activity Improvement Improvement Savings
Preparing materials request 32,000$ 32,000$ $
Totals 400,000$ 220,000$ 180,000
d.
Average process cost per paid claim:
Exercise 27(13)-21
Name:
Solution
Section:
Score:
Instructions
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ON
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