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The above work distribution matrix belongs to Morgan Company. Each clerk receives an annual salary of $31,000 ($124,000 total clerical cost for four clerks) and
The above work distribution matrix belongs to Morgan Company. Each clerk receives an annual salary of $31,000 ($124,000 total clerical cost for four clerks) and has a computer assigned to them. The cost per computer is $1,300 per year. Computer time is 65% transaction processing and 35% answering questions. What is the labor cost and computer cost, respectively, assigned to processing transactions for Morgan Company?
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