The University Credit Union (UCU) has engaged your services to determine the cost of its various activities.
Question:
The average branch processes 600,000 deposits and 1,250,000 check transactions each year.
Required:
Compute the cost per deposit and the cost to process acheck.
Transcribed Image Text:
Process Process Balance Olher Debosits Ccks Iiries Artivites Total Cost Tellers Assistant manager Managers 30% 10% 2% 40% 10% 3% 10% 5% 20% 75% 90% $150,000 75,000 90,000
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We first calculate the total cost of each activity by allocating the cos...View the full answer
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Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Question Posted:
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