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Teller vages Assistant branch manager salary Branch manager salary Total $ 152,000 64,000 86,000 $302,000 Virtually all other costs of the branch-rent, depreciation, utilities,
Teller vages Assistant branch manager salary Branch manager salary Total $ 152,000 64,000 86,000 $302,000 Virtually all other costs of the branch-rent, depreciation, utilities, and so on-are organization-sustaining costs that cannot be meaningfully assigned to individual customer transactions such as depositing checks. 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 Opening Accounts Deposits and Other Customer Withdrawals Transactions Other Activities Totals Teller vages 34 716 201 64 100% Assistant branch manager salary 98 Branch manager salary 34 129 ON 256 548 100% 219 76 100% 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 Required: Total Activity at the Westfield Branch 200 new accounts opened 47,000 deposits and withdrawals processed 900 other customer transactions processed 1. Compute the activity rates for the activity-based costing system. (Round your answers to 2 decimal places.) Activity Cost Pool Activity Rate Opening accounts per account opened Processing deposits and withdrawals Processing other customer transactions per deposit or withdrawal per other customer transaction
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