Question:
Morgan Toy Company manufactures six primary product lines in its Morganville plant. As a result of an activity analysis, the accounting department has identified eight activity cost pools. Each of the toy products is produced in large batches, with the whole plant devoted to one product at a time. Classify each of the following activities as either unit-level, batch-level, product-level, or facility-level:
a. Engineering design,
b. Machine setup,
c. Inventory management,
d. Plant cafeteria,
e. Inspections after each setup,
f. Polishing parts,
g. Assembling parts,
h. Health and safety.
Many "self-help" books and websites offer suggestions on how to improve your time management. Should you minimize the "non-value-added" hours in your life by adopting the methods suggested by these sources?