Question: help pls !!! please help! Simplifying the ABC System: TDABC Golding Bank provided the following data about its two checking account products and their associated

help pls !!!
help pls !!! please help! Simplifying the ABC System: TDABC Golding Bank
provided the following data about its two checking account products and their
please help!
associated resources and activities: Traditional Interest Bearing Account Resources Time per Unit
Activity Driver Account Activities $66,000 Processing accounts 0.20 hr No. of accounts

Simplifying the ABC System: TDABC Golding Bank provided the following data about its two checking account products and their associated resources and activities: Traditional Interest Bearing Account Resources Time per Unit Activity Driver Account Activities $66,000 Processing accounts 0.20 hr No. of accounts 2,300 1,900 Supervision Phone and supplies 94,000 Issuing statements 0.10 hr. No. of statements 60,000 Salaries 138,000 Processing transactions 0.05 hr. No. of transactions 160,000 10,000 120,000 1,500 Computer 22,000 Answering customer inquiries 0.15 h No. of inquiries 1,500 Total 320,000 At practical capacity, Golding uses 20,000 check processing hours Required: 1. 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 inquines per inquiry If the total number of statements issued was 22,000, calculate the cost of the issuing statements activity 2. Assuming there are 2,000 interest-bearing checking accounts, calculate the cost per account using the activity rates from Requirement 1. Round your answers to the nearest cent. 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 Again, assuming that there are 2,100 interest bearing accounts, show that the resource cost per account is the same as calculated in Requirement 2. Round your answers to the nearest cent. 4. What if process improvements decreased the number of customer inquines, leading to a 10 percent reduction in check processing hours and a $3,200 reduction in total resource costs? Calculate the capacity cost rate for the checking account process. Round your answers to the nearest cent. per hour Update all the activity rates for these changes in operating conditions Processing accounts per account Issuing statements per statement Processing transactions per transaction Answering inquiries per inquiry Job Costs Using a Plantwide Overhead Rate Perrin Company designs industrial prototypes for outside companies Budgeted overhead for the year was $285,000, and budgeted due tabor hours were 19,000. The average wage rate for direct laboris expected to be $30 per hour During June, Perrin Company worked on four jobs. Data relating to these four jobs low Job 39 Job 10 Job 41 Job 42 Beginning balance $23,100 $32.900 $18,200 $1,600 Materials requisitioned 20,600 23,800 8,400 12,300 Direct labor co 11,700 20.900 3,050 3.400 Overtread is assigned as a percentage of direct labor cost. During June, Jobs 39 and 40 were completed, Job, 99 was sold at 110 percent of cont. Job 40 is the only job in Ministed Goods Inventory and will remain there until the customer accepts delivery and pays Jobs 41 and 42 remain unfinished at the end of the month Required: 1. Calculate the avete aid rate based on direct labor cost. 55 X of direct labor cost 2. Set up a simple job order cost sheet for all jobs i process during June Perrin Company Job Order Cost Sheets Job 39 Job 40 Job 41 Job 42 2. Set up a simple job order cost sheet for all jobs in process during June Perrin Company Job Order Cost Sheets Job 39 Job 40 Job 41 Job 12 Balance: June 1 Direct materials Direkt labor Applied overhead Total 3. What i the expected direct laborate at the beginning of the year was $24 instead of 530? What would the overhead rate be? If required, round your overhead rate answer to one decimal place Newbudgeted direct labor cost New overhead rate of direct labor cost How would the cost of the jobbe affected

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