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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 (40 percent) and processing transaction (60 percent) activities. - Phone and supplies are 70 percent customer inquiries with the other 30 percent divided equally among the remaining activities, including supervising the checking operation. listed above). Required: 1. Prepare a work distribution matrix for the five primary activities. If an answer is zero, enter "0". 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. 2. Calculate the cost of each activity. If required, round your answers to the nearest dollar. Feedback Check My Work
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