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The University Credit Union (UCU) has engaged your services to determine the cost of its various activities. The following data are available for a representative
The University Credit Union (UCU) has engaged your services to determine the cost of its various activities. The following data are available for a representative branch. Process Process Balance Other Total Deposits Checks Inquiries Activities cost Tellers 30% 40% 10% 20% $150,000 Assistant10% 10% 5% 75% 75,000 manager Managers 2% 3% 5% 90% 90,000 The average branch processes 600,000 deposits and 1,250,000 check transactions each year. Compute the cost per deposit and the cost to process a check
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