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Fanning Bunk's startup division establishes new branch banks, Each branch opens with three tellers. Total teller cost per branch is $99,000 per yeat. The three tellers combined can process up to 85,000 customer transactions per year. If a branch does not attain a volume of at least 55,000 transactions during its first year of operations, it is closed. If the demand for services exceeds 85,000 transactions, an additional teller is hired and the branch is transferred from the startup division to regular operations. Required a. What is the relevant range of activity for new branch banks? b. Determine the amount of teller cost in total and the average teller cost per transaction for a branch that processes 55,000,65,000, 75,000 , or 85,000 transactions, In this case (the activity base is the number of transactions for a specific branch), is the teller cost a foed or a variable cost? c. Determine the amount of teller cost in total and the average teller cost per branch for Fanning Bank, assuming that the startup division operates 10,15,20 or 25 branches. In this case (the activity base is the number of branches), is the teller cost a fluced or a variable cost? Complete this question by entering your answers in the tabs bolow. What is the relevant range of activity for new branch banks? Note: Enter the lower end of the relevant range first. Determine the amount of teller cost in total and the average teller cost per transaction for a branch that processes 55,000 , 65,000,75,000, or 85,000 transactions. In this case (the activity base is the number of transactions for a specific branch), is the teller cost a fixed or a variable cost? Note: Round "Average por unit teller cost" to 2 decimal places. Show less A Determine the amount of teller cost in total and the average teller cost per branch for Fanning Bank, assuming that the startup division operates 10,15,20 or 25 branches. In this case (the activity base is the number of branches), is the teller cost a flaed or a variable cost

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