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a.) Determine the total budgeted cost for 2010. b.) Calculate the total budgeted annual support costs per checking account. Gorn Dominion Bank (GD) uses the
a.) Determine the total budgeted cost for 2010.
b.) Calculate the total budgeted annual support costs per checking account.
Gorn Dominion Bank (GD) uses the ABC system to determine the costs to operate their checking and savings accounts. The bank has three activities that support these product lines: processing, customer support and database maintenance. The activity allocation rates for 2010 are as follows: 91 Chapter 5 Activity-Based Costing The budgeted data for 2010 are as follows: GD expects to open 4,500 checking accounts and 3,000 savings accounts in 2010
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