Simplifying the ABC System: TDABC Golding Bank provided the following data about its two checking account products and their associated resources and activities: Resources Interest-Bearing Activities Time per Unit Activity Driver Traditional Account Account Supervision 0.20 h No. of accounts 2.300 phone and supplies 1,500 566,000 Processing accounts 88,000 Issuing statements 304,000 Processing transactions 22,000 Answering customer inquiries 0.10 h No. of Statements 60,000 Salaries 10,000 0.05 h No. of transactions 160,000 120,000 Computer 0.15 h No. of inquines 1,500 1,500 Total 450,000 At practical capacity, Golding uses 24,000 check processing hours Required: 1. Calculate the capacity cost rate for the checking account process. Round your answer to the nearest cent. per hour Calculate the activity rates for the four activities Hound your answers to the nearest cent. per account Proces accounts Ising statements Processing transactions per statement Deraction 1. Calculate the capacity cost rate for the checking account process. Round your answer to the nearest cent. per hour Calculate the activity rates for the four activities, Round your answers to the nearest cent. Processing accounts per account per statement Issuing statements Processing transactions per transaction Answering inquine per inquiry If the total number of statement issued was 30,000, calculate the cost of the issuing statement activity 2. Assuming there are 2,000 wterest beaning checking accounts, calculate the cost per account using the activity rates from Rocurement 1. Round your answers to the nearest cent Unit coats 3. Atition is used to sign resource contato checking accounts Select a time muation for the interest being checking account product 0.20(mumber of acros Lumber of statement Sumber or transaction Schemerlangan Agon, numing that there are 2,900 interest beanto accounts show that the resource cont per account is the same sted in Reument Round your answers to the nearest rent 4. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check processing hours and a $13,440 reduction in total resource costs? Calculate the capacity cost rate for the checking account process, Round your answers to the nearest cent. per hour Update all the activity rates for these changes in operating conditions Processing accounts per account Issuing statements per statement Processing transactions per transaction Answering inquines per