Question
Activities $50,000 Processing accounts Assigning Cost of Resources to Activities, Unbundling the General Ledger Ceiling Bank provided the following data about its resources and
Activities $50,000 Processing accounts Assigning Cost of Resources to Activities, Unbundling the General Ledger Ceiling Bank provided the following data about its resources and activities for its checking account process: Resources Superv Clerical Hours 10,530 Phone and supplies 90,000 Issuing statements 5,670 260,000 Processing transactions: 7,290 Computer 24,000 Answering customer inquiries 3,510 Total $454,000 Total 27,000 Computers are used only by the issuing (40 percent) and processing transaction (60 percent) activities. Phone and supplies are 80 percent customer inquiries with the other 20 percent divided equally among the remaining activities, including supervising the checking operation. The supervisar spends 100 percent of ha time on supervision. In addition to the 27,000 derical hours, there are 3,000 hours of supervision used (the hours used by the supervising clerks activity, which is not listed above). Required: 1. a work distribution matrix for the five primary activities. If an answer is zers, enter "0" Golding Bank Percentage of Time on Tach Activity Supervising derk Processing us Issuing statements Processing bansactions Answering customer inques Supervisor Clerks
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