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Activity Processing Transactions Answering Questions Percentage of Time Per Activity 47% 53% The above work distribution matrix belongs to Morgan Company. Each clerk receives an

Activity Processing Transactions Answering Questions Percentage of Time Per Activity 47% 53% The above work distribution matrix belongs to Morgan Company. Each clerk receives an annual salary of $31,000 ($124,000 total clerical cost for four clerks) and has a computer assigned to them. The cost per computer is $1,300 per year. Computer time is 65% transaction processing and 35% answering questions. What is the labor cost and computer cost, respectively, assigned to processing transactions for Morgan Company? $42,980; $5,200 $58,280; $3,380 $14,570; $845 $38,610; $2,400

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