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At practical capacity, Golding uses 24,000 check processing hours. Required: 1. Calculate the capacity cost...

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Accounting

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At practical capacity, Golding uses 24,000 check processing hours. Required: 1. Calculate the capacity cost rate for the checking account process. Round your answer to the nearest cent. per hour 2. Assuming there are 2,900 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 s 3. 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 )! = 4. What if process improvements decreased the number of customer inquiries, leading to a 10 percent reduction in check processing hours and a $13,440 reduction in total resource costs? Calculate the capacity cost rate for the checking account process. Round your answers to the nearest cent. per bour Update all the activity rotes for these changes in operating conditions

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