A local regional credit union, Metro Credit Union, has identified the major activities of the credit union, traceable costs, and physical flow of driver units: Activities Traceable Costs Driver Units Open new accounts $30,000 1,000 accounts Process deposits 26,000 400,000 deposits Process withdrawals 10,000 200,000 withdrawals Process loan applications 36,000 900 applications The following activities are used by the Downtown branch and the East branch: - Downtown East New accounts 200 400 Deposits 40,000 20,000 Withdrawals 15,000 18,000 Loan applications 100 160 How much of the deposit cost will be assigned to the East branch? Group of answer choices
A local regional credit union, Metro Credit Union, has identified the major activities of the credit union, traceable costs, and physical flow of driver units: Activities Traceable Costs Driver Units Open new accounts $30,000 1,000 accounts Process deposits 26,000 400,000 deposits Process withdrawals 10,000 200,000 withdrawals Process loan applications 36,000 900 applications The following activities are used by the Downtown branch and the East branch: - Downtown East New accounts 200 400 Deposits 40,000 20,000 Withdrawals 15,000 18,000 Loan applications 100 160 How much of the deposit cost will be assigned to the East branch? Group of answer choices
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter12: Activity-based Management
Section: Chapter Questions
Problem 8E: Thayne Company has 30 clerks that work in its Accounts Payable Department. A study revealed the...
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Question
A local regional credit union, Metro Credit Union, has identified the major activities of the credit union, traceable costs, and physical flow of driver units:
| Activities |
Traceable Costs
|
Driver Units
|
|---|---|---|
| Open new accounts |
$30,000 |
1,000 accounts |
| Process deposits |
26,000 |
400,000 deposits |
| Process withdrawals |
10,000 |
200,000 withdrawals |
| Process loan applications |
36,000 |
900 applications |
The following activities are used by the Downtown branch and the East branch:
| - |
Downtown
|
East
|
|---|---|---|
| New accounts |
200
|
400
|
| Deposits |
40,000
|
20,000
|
| Withdrawals |
15,000
|
18,000
|
| Loan applications |
100
|
160
|
How much of the deposit cost will be assigned to the East branch?
Group of answer choices
$36,000
$1,800
$1,300
$ 5,400
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