Assigning Costs to Activities McCourt Company produces small engines for lawnmower producers. The accounts payable department at McCourt has 10 clerks who process and pay supplier invoices. The total cost of their salaries is $500,000. The work distribution for the activities that they perform is as follows: Activity Percentage of Time on Each Activity Comparing source documents 10 % Resolving discrepancies 55% Processing payment 35 Required: Assign the cost of labor to each of the three activities in the accounts payable department. Round your answers to the nearest dollar. Cost Assignment Activity Comparing source documents Resolving discrepancies $ Processing payment