Question Content AreaAssigning Cost of Resources to Activities, Unbundling the General LedgerGolding Bank provided the following data about its resources and activities for its checking account process:ResourcesActivitiesClerical HoursSupervision$$72,000$Processing accounts$8,400$Phone and supplies$95,000$Issuing statements$4,200$Salaries$275,000$Processing transactions$5,670$Computer$27,000$Answering customer inquiries$2,730$ Total$$469,000$ Total$21,000$Computers are used only by the issuing $(20$ percent$)$ and processing transaction $(80$ percent$)$ activities.Phone and supplies are $60$ percent customer inquiries with the other $40$ percent divided equally among the remaining activities, including supervising the checking operation.The supervisor spends $100$ percent of his time on supervision. In addition to the $21,000$ clerical hours, there are $2,000$ hours of supervision used $($the hours used by the supervising clerks activity, which is not listed above$).$Required:

Prepare a work distribution matrix for the five primary activities. If an answer is zero, enter $"0".$

Golding Bank

Percentage of Time on Each Activity

Activity

Supervisor

Clerks

Supervising clerks

Processing accounts

Issuing statements

Processing transactions

Answering customer inquiries

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$2.$ Calculate the cost of each activity. If required, round your answers to the nearest dollar.

Activity

Total

Supervising clerks

Processing accounts

Issuing statements

Processing transactions

Answering customer inquiries

$3.$ If the cost of the supervising activity is assigned to the other four activities, what is the final cost of these four primary activities? If required, round your answers to the nearest dollar.

Processing accounts

Issuing statements

Processing transactions

Answering customer inquiries