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At practical capacity, Golding uses 22,000 check processing hours. Required: 1. Calculate the copacity cost rate for the checking account process. Round your answer to the nearest cent. X perhour If the total number of statemenits issued was 30,000 , calcuiate 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 Requilement 1. Round your answers to the nearest cent. Unit cost 1 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 2,600 interest bearing sccountr, show that the resource cost per account is the same as calculated in Requirement 2 . Round your answers to the nearest cent. s 4. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check processing hours and a $12,320 reduction in total resource costs? Calculate the capacity cost rate for the checking account process, Round your answers to the nearest cent. X perbour Update all the activity rates for these changes in eperating conditions