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4.3 Golding Bank provided the following data about its resources and activities for its checking account process: - Computers are used only by the issuing
4.3
Golding Bank provided the following data about its resources and activities for its checking account process: - Computers are used only by the issuing (40 percent) and processing transaction (60 percent) activities. - Phone and supplies are 60 percent customer inquiries with the other 40 percent divided equally among the remaining activities, including supervising the checking operation. Required: 1. Prepare a work distribution matrix for the five primary activities. If an answer is zero, enter " 0 ". Feedback V Check My Work Check My Work 2. The five primary activities cost will be calculated using Ratios from Requirement 1, and the data for the resources. Remember the information for each allocation of resources. 3. Final cost will be calculated using Ratios from Requirement 1 and Totals from Requirement 2. Review the differences between primary and secondary activities. Golding Bank provided the following data about its resources and activities for its checking account process: - Computers are used only by the issuing (40 percent) and processing transaction (60 percent) activities. - Phone and supplies are 60 percent customer inquiries with the other 40 percent divided equally among the remaining activities, including supervising the checking operation. Required: 1. Prepare a work distribution matrix for the five primary activities. If an answer is zero, enter " 0 ". Feedback V Check My Work Check My Work 2. The five primary activities cost will be calculated using Ratios from Requirement 1, and the data for the resources. Remember the information for each allocation of resources. 3. Final cost will be calculated using Ratios from Requirement 1 and Totals from Requirement 2. Review the differences between primary and secondary activitiesStep by Step Solution
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