Assigning Cost of Resources to Activities, Unbundling the General Ledger Golding Bank provided the following data about its resources and activities for its checking account process: Resources Activities Clerical Hours Supervision $77,000 Processing accounts 8,970 Phone and supplies 94,000 Issuing statements 5,060 Salaries 290,000 Processing transactions 6,670 Computer 30,000 Answering customer inquines 2,300 Total $491,000 Total 23,000 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 supervisor spends 100 percent of his time on supervision. In addition to the 23,000 derical hout, there are 2,000 hours of supervision used (the hours used by the supervising derke activity, which is not listed above) 2. Calculate the cost of each activity. If required, round your answers to the nearest dollar. Activity Total Supervising clerks 2,000 X Processing accounts Issuing statements Processing transactions Answering customer inquiries 3. If the cost of the supervising activity is assigned to the other four activities, what is the final cost of these four primary activities? If required, round your answers to the nearest dollar. Processing accounts 39 X Issuing statements Processing transactions 22 x 29 X Answering customer inquiries 10 X