Activities Golding Bank provided the following data about its resources and activities for its checking account process: Resources Activity Driver Time per Unit Supervision $60,000 Processing accounts 0.20 hr. No. of accounts Phone and supplies 78,000 Issuing statements 0.10 hr. No. of statements Salaries 324,000 Computer 18,000 Processing transactions Answering customer inquiries 0.05 hr. No. of transactions 0.15 hr. No. of inquiries Total 480,000 Total check processing hours 24,000 (practical capacity) Required: 1. Calculate the capacity cost rate for the checking account process. Round your answer to the nearest cent. per hour 2. Calculate the activity rates for the four activities. Round your answers to the nearest cent. Processing accounts per account Issuing statements Processing transactions Answering inquiries per statement per transaction per inquiry If the total number of statements issued was 30,000, calculate the cost of the issuing statements activity.