The operations vice president of Security Home Bank has been interested in investigating the efficiency of the bank's operations. She has been particularly concerned about the costs of handling routine transactions at the bank and would like to compare these costs at the bank's various branches. If the branches with the most efficient operations can be identified, their methods can be studied and then replicated elsewhere. While the bank maintains meticulous records of wages and other costs, there has been no attempt thus far to show how those costs are related to the various services provided by the bank. The operations vice president has asked your help in conducting an activity-based costing study of bank operations. In particular, she would like to know the cost of opening an account, the cost of processing deposits and withdrawals, and the cost of processing other customer transactions. The Westfield branch of Security Home Bank has submitted the following cost data for last year: Teller wages Assistant branch manager salary Branch manager salary Total $ 151,000 70.000 93.000 $ 314,000 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 Deposits and Other Customer Accounts withdrawals Transactions Teller wages Assistant branch manager salary 93 Branch manager salary Other Activities Totals 100 1008 1003 45% 723 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 Total Activity at the Westfield Branch 235 new accounts opened 48,000 deposits and withdrawals processed 900 other customer transactions processed Required: 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 151,000.00 $ 70,000.00 X Processing deposits and withdrawals Processing other customer transactions per deposit or withdrawal per other customer transaction $ 93 000.00 Docence Odorhed og utsty r og andre oroon Dona Con C V Costo Second S cores ses and not come wen Machado t e you 0 O 0 Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts-equipment depre Data to perform these allocations appear below. Overhead costs: Equipment depreciation Supervisory expense $39.000 9,200 Distribution of Resource Consumption Across Activity Cost Pool Activity Coat Pools Machining Order T ing Other Equipment depreciation 0.60 0.30 0.10 Supervisory expense 0.60 0.20 0.20 In the second stage, Machining costs are assigned to products using machine-hours (MHS) and Ordering costs are assigned to products using the number of orders. The costs in Activity Orders Order Product Product 5.960 15,300 21.200 Total 1.176 Finally, sans and direct cost data are combined with Machining and ordering costs to determine product margins Sales and Dect Costa Product Feat Orders Order Filling Machining 2020-0 Product wi Product NO 15,300 21.20 1.174 Finally, a nd direct cost data are combined with Machining and Ordering costs to determine product margins. Sales and Direct Cost Date: elut.2020 Product Product Sales (total) Direct materials total) Directo r (total) 570.000 30.00 516,100 62,300 $15,200 31,800 club 20201 What is the product mange for Product W under activity based costing (Round your intermediate calculator to 2 decimal places.) Serena 020 OL47 Mumple Choice 513657 pe 20.pdf led document Google Docs.pdf