Golding Bank provided the following data about its two checking account products and their associated resources and activities:

$\backslash$table$[[$Resources$,,$Activities,Time per Unit,Activity Driver,$\backslash$table$[[$Traditional$],[$Account$]],\backslash$table$[[$Interest$-$Bearing$],[$Account$]]],[$Supervision$,$$$66,000,$Processing accounts,$0\mathrm{.}20hr,$No$.$ of accounts,$3,000,1,800],[$Phone and supplies,$86,000,$Issuing statements,$0\mathrm{.}10hr.,$No$.$ of statements,$60,000,10,000],[$Salaries$,308,000,$Processing transactions,$0\mathrm{.}05hr.,$No$.$ of transactions,$160,000,120,000],[$Computer$,,$Answering customer inquiries,$0\mathrm{.}15hr.,$No$.$ of inquiries,$1,500,1,500],[$Total$,480,000,,,,,]]$

At practical capacity, Golding uses $24,000$ check processing hours.

Required:

Calculate the capacity cost rate for the checking account process. Round your answer to the nearest cent.

$ $$ per hour

Calculate the activity rates for the four activities. Round your answers to the nearest cent.

Processing accounts

$ $$ per account

Issuing statements $$ per statement

Processing transactions $$ per transaction

Answering inquiries $$ per inquiry

$2.$ Assuming there are $3,000$ interest$-$bearing checking accounts, calculate the cost per account using the activity rates from Requirement $1.$ Round your answers to the neare Unit cost $ $$

$3.$ A time equation is used to assign resource costs to checking accounts. Select a time equation for the interest$-$bearing checking account product. $q,$

Again, assuming that there are $2,000$ interest bearing accounts, show that the resource cost per account is the same as calculated in Requirement $2.$ Round your answers to th Unit cost $))/$

$$