Question: Issuing statements , 5 [ 2 ] per statement Processing transactions , 1 per transaction Answering inquiries , 5 per inquiry Assuming there are 2
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Issuing statements per statement
Processing transactions per transaction
Answering inquiries per inquiry
Assuming there are interestbearing checking accounts, calculate the cost per account using the activity rates from Requirement Round your answers to the nearest cent.
Unit cost
A time equation is used to assign resource costs to checking accounts. Select a time equation for the interestbearing checking account product.
Again, assuming that there are interest bearing accounts, show that the resource cost per account is the same as calculated in Requirement Round your answers to the nearest cent
Unit Cost
What if process improvements decreased the number of cust
account process. Round your answers to the nearest cent.
per hour
Update all the activity rates for these changes in operating conditions.
Feedeack
Fenect My Work
Capacity cost rate Cost of resources supplied Practical capacity of resources supplied
Use the solution of Requirement and multiply by the time per unit of an activity to obtain the activity rate. This rate multiplied by the total activity output provides the activity cost.
Calculate the Capacity cost rate again using the reduction of percent in check processing hours. Use this new rate to update the rates from Requirement
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