Question: need help on 3 and 4 Simplifying the ABC System: TDABC Assuming there are 2 , 0 0 0 interest - bearing checking accounts, calculate

need help on 3 and 4 Simplifying the ABC System: TDABC 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 $
A time equation is used to assign resource costs to checking accounts. Select a time equation for the interest-bearing checking account product.
0.20(number of accounts)+0.10(number of statements)+0.05(number of transactions)+0.15(number of inquiries)
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 the nearest cent.
Unit Cost
X
Golding Bank provided the following data about its two checking account products and their associated resources and activities:
At practical capacity, Golding uses 22,000 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.
 need help on 3 and 4 Simplifying the ABC System: TDABC

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