Simplifying the ABC System: TDABC Golding Bank provided the following data about its two checking account products and their associated resources and activities: At practical capacty, Colding uses 26,000 check processing hours. Required: 1. Calculate the capacity cost rate for the chechang account process. Round your answer to the nearest cent. per hour 1. Calculate the capacty 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. 2. Assuming there are 2,900 interest-bearing checking accounts, calculate the cost per account using the activity rates from Requirement 1 . Round your answers to the nearest cent. Unit cost 1 x 3. A time equation is used to astign resource costs to checking accounts. Select a time equation for the interest-bearing checking accaunt product. 0.20 (number of accounts) +0.10 (number of stetements) +0.05 (number of transactions) +0.15 (nvmber of inguiries) Again, assuming that there are 2,000 interest bearing accounts, show that the resource cost per account is the same os calculated in Requirentent 2 . Round your answers to the nearest cent. Unit Cost = (s )( ) 4. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check proceising hours and a s14,560 reduction in total resource costs? Calculate the capacity cost rate for the checking account process. Rlound your answers to the nearest cent. per hour 0.20 (number of accounts) +0.10 (number of statements) +0.05 (number of transactions) +0.15 (number of inquiries) = Again, assuming that there are 2 answers to the nearest cent. Unit Cost =($ ) 4. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check processing hours and a $14,560 reduction in total resource costs? Caiculate the capacity cost rate for the checking account process. Round your answers to the nearest cent. 4 per hour Update all the activity rates for these changes in operating conditions