The Westfield branch of Security Home Bank has submitted the following cost data for last year:

Teller wages$141,000Assistant branch manager salary70,000Branch manager salary95,000Total$306,000

Virtually all other costs of the branchrent, depreciation, utilities, and so onare 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 ActivitiesOpening AccountsProcessing Deposits and WithdrawalsProcessing Other Customer TransactionsOther ActivitiesTotalsTeller wages4%66%21%9%100%Assistant branch manager salary15%16%21%48%100%Branch manager salary4%0%19%77%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:

ActivityTotal Activity at the Westfield BranchOpening accounts245new accounts openedProcessing deposits and withdrawals47,500deposits and withdrawals processedProcessing other customer transactions900other customer transactions processed

Required:

1. Compute the activity rates for the activity-based costing system.