Exercise $7-8($Algo$)$ Computing and Interpreting Activity Rates $[$LO$7-3]$

The operations vice president of Security Home Bank is investigating the efficiency of the bank's operations. She is concerned a the costs of handling routine transactions at the bank and would like to compare these costs at the bank's various branches. If th branches with the most efficient operations can be identified, their methods can be studied and replicated elsewhere. While the maintains meticulous records of wages and other costs, there has been no attempt to show how those costs are related to the va services provided by the bank. The operations vice president has asked for your help in conducting an activity$-$based costing stu bank operations. In particular, she would like to know the cost of opening an account, the cost of processing deposits and withdra and the cost of processing other customer transactions.

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

$\backslash$table$[[$Teller wages,$],[$Assistant branch manager salary,$$157,000$