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Algebraic method Prosperous Bank has three support areas (administration, human resources, and accounting) and three revenue-generating areas (checking accounts, savings accounts, and loans). Monthly
Algebraic method Prosperous Bank has three support areas (administration, human resources, and accounting) and three revenue-generating areas (checking accounts, savings accounts, and loans). Monthly direct costs and the interdepartmental support structure are shown below: Percentage of Service Used by $1,404,000 Department Direct Costs Admin. Human Resources Accounting Checking Savings Loans Administration 10 10 30 Human resources 936,000 10 10 30 Accounting 780,000 10 10 40 222 40 10 20 30 20 20 Checking 1,638,000 Savings 877,500 Loans 1,755,000 Compute the total cost for each revenue-generating area of the bank using the algbraic method. Note: Do not round proportions in your calculations; round your final answer to the nearest whole dollar. Note: Round your final answers below to the nearest 100; for example, round 8,668 to 8,700. Checking $ Savings 0 0 Loans 0 Total $ 0
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