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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
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: - Computers are used only by the issuing (20 percent) and processing transaction ( 80 percent) activities. - Phone and supplies are 60 percent custemer inquiries with the other 40 percent divided equally among the remaining activities, including supervising the checking operation. Required: 1. Prepare a work distribution matrix for the five primary activities. If an answer is zero, enter " 0 ". 2. Calculate the cost of each activity. If required, round your answers to the nearest dollar
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