The operations vice president of Security Home Bank is investigating the efficiency of the bank's operations. She is concerned about
the costs of handling routine transoctions at the bonk and would like to compore these costs at the bank's various branches. If the
branches with the most efficient operations can be identified, their methods can be studied and replicated elsewhere. While the bank
maintains meticulous records of wages and other costs, there has been no attempt to show how those costs are related to the various
services provided by the bank. The operations vice president has asked for your help in conducting an activitybosed costing study of
bank operations. In particular, she would like to know the cost of opening an account, the cost of processing deposits and withdrawals,
and the cost of processing other customer tronsoctions.
The Westfield branch of Security Home Bank submitted the following cost dato for last year:
Virtually all other costs of the branchrent, depreciation, utilities, and so onare organizationsustaining costs that cannot be
meaningfully assigned to individual customer transoctions such as depositing checks.
In addition to the cost data above, the employees of the Westfield branch were interviewed concerning how their time was distributed
last year across the activities included in the activitybosed costing study. The results of those interviews appear below.
The manager of the Westfield branch of Security Home Bank provided the following dato concerning the branch's transactions during
the post year:
Requlred:
Compute the activity rates for the activitybosed costing system.
Note: Round your answers to decimal places.