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Simplifying the ABC System: TDABC Golding Bank provided the following data about its resources and activities for its checking account process: At practical capacity, Golding

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Simplifying the ABC System: TDABC Golding Bank provided the following data about its resources and activities for its checking account process: At practical capacity, Golding uses 25,000 check processing hours. Requiredt 1. Calculate the capacity cost rate for the checking account process. Round your answers to the nearest cent. per hour Calculate the activity rates for the four activities. Round your answers to the nearest cent. 2. Assuming there are 2,000 interest-bearing checking accounts, calculate the cost per account using the activity rates from Requirement 1 . Round your answers to the nearest cent. Unut cost S 2. Assuming there are 2,000 interest-bearing checking accounts, calculate the cost per account using the activity rates from Requirement 1 , Round your answers to the nearest cent. Unit cast 4 3. A time equation is used to assign resource costs to checking accounts. Select a time equation for the interest-bearing checking account product. Again, assuming that there are 2,000 interest bearing accounts, show that the resource cost per account is the same as calculated in Requirement 2. Round your answers to the nearest cent. Unit cost = is >1 ) 4. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check processing hours and a $10,000 reduction in total resource casts? Calculate the copacity cost rate for the checking account process. Round your answers to the nearest cent. per hour

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