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 $ 154,000 Assistant branch manager salary 66,000 Branch manager salary 93,000 Total $ 313,000 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 lost 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 Other Opening Deponits and Customer Other Accounts withdrawals Transactions Activities Totala Teller vages 59 741 208 10 1008 Assistant branch manager salary 111 25 500 Branch manager salary ON 241 711 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: 140 58 1001 1001 Activity Opening accounts Processing deposits and withdrawals Processing other customer transactions Total Activity at the Westfield Branch 235 new accounts opened 48,500 deposits and withdrawals processed 1.400 other customer transactions processed Rennrad Virtually all other costs of the branch-rent, depreciation, utilities, and so on-are organization-sustaining costs that ca 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 the distributed last year across the activities included in the activity-based costing study. The results of those interviews ap Distribition of Resource Consumption Across Activities Processing Processing Other Opening Deposits and Customer Other Accounts Withdrawals Activities Teller wages Assistant branch manager salary Branch manager salary The manager of the Westfield branch of Security Home Bank has provided the following data concerning the transaction branch during the past year: Activity Total Activity at the Westfield Branch Opening accounts 235 new accounts opened Processing deposits and withdrawals 48,500 deposits and withdrawals processed Processing other customer transactions 1,400 other customer transactions processed Required: 1. Compute the activity rates for the activity-based costing system. (Round your answers to 2 decimal places.) 58 148 58 749 118 08 Transactions 208 258 248 18 508 718 Total 100% 1003 1008 Activity Cost Pool Opening accounts Processing deposits and withdrawals Processing other customer transactions Activity Rato per account opened per deposit or withdrawal per other customer transaction