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How much was value-added time

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Reference no: EM131802046

Lasso and Markowitz is a law firm that is initiating an activity-based costing system. Sam Lasso, 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 of the activities listed by Sam Lasso as value-added or non-value-added.

Activities Hours
Writing contracts and letters 1.5  

 

Attending staff meetings 0.5
Taking depositions 1.0
Doing research 1.0
Traveling to/from court 1.0
Contemplating legal strategy 1.0
Eating lunch 1.0
Litigating a case in court 2.5
Entertaining a prospective client 1.5

How much was value-added time? (Round answer to 1 decimal place, e.g. 2.1.)

How much was non-value-added time? (Round answer to 1 decimal place, e.g. 2.1.)

Reference no: EM131802046

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