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Code Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that
Code Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study: Code Corporation Customer Service Department Data Inputs Resource Data: Number of employees 18 Average salary per employee Weeks of employment per year $37,740 50 Minutes available per week (40 hours x 60 minutes) Practical capacity percentage 2,400 85% Processing Credit Processing Resolving Activity Data: Minutes per unit of the activity Orders Queries Reviews 16 28 38 Customer GCustomer H Customer I Cost Object Data: Number of orders processed 28 19 Number of queries resolved Number of credit reviews processed 18 11 8 1 1 1 LO On the Customer Cost Analysis report in time-driven activity-based costing, the cost per minute of the resource supplied would be closest to Multiple Choice $0.37 per minute $18.50 per minute $15.73 per minute $0.31 per minute
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