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Exercise 7-1 ABC Cost Hierarchy [LO1] The following activities occur at Greenwich Corporation, a company that manufactures a variety of products

Accounting Feb 10, 2022

Exercise 7-1 ABC Cost Hierarchy [LO1] The following activities occur at Greenwich Corporation, a company that manufactures a variety of products. Classify each of the activities below as either a unit-level, batch-level, product-level, or organization sustaining activity. a. Various individuals manage the parts inventories. {Click to select) b. A clerk in the factory issues purchase orders for a job. [Click to select ) c. The personnel department trains new production workers. {Click to select] d. The factory's general manager meets with other department {Click to select ) heads such as marketing to coordinate plans. e. Direct labor workers assemble products. (Click to select] f. Engineers design new products. [Click to select] The materials storekeeper issues raw materials to be used in { Click to select ) jobs h. The maintenance department performs periodic preventive [Click to select] maintenance on general-use equipment.

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