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In addition to the cost data above, the employees of the Westfield branch have been interviewed concerning how their time was distributed last year across

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In addition to the cost data above, the employees of the Westfield branch have been interviewed concerning how their time was distributed last year across the activities included in the activity-based costing study. The results of those interviews appear below: Distribution of Resource Consumption Across Activities Processing Processing Other Opening Deposits and Customer Accounts withdrawals Transactions Teller wages 4% 70% 20% Assistant branch 11% 10% 23% manager salary Branch manager 245 salary Other Activities Totals 6% 100% 56% 100% 72% 100% The manager of the Westfield branch of Security Home Bank has provided the following data concerning the transactions of the branch during the past year. Activity Opening accounts Processing deposits and withdrawals Processing other customer transactions Total Activity at the Westfield Branch 245 new accounts opened 55,000 deposits and withdrawals processed 1,150 other customer transactions processed Required: 1. Compute the activity rates for the activity-based costing system. (Round your answers to 2 decimal places.) Activity Rate Activity Cost Pool Opening scounts Processing deposits and withdrawals Processing other customer transactions per count opened per deposit or withdrawal per other customer transaction

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