The Westfield branch of Security Home Bank submitted the following cost data for last year:...
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The Westfield branch of Security Home Bank submitted the following cost data for last year: Virtually all other costs of the branch-rent, depreciation, utilities, and so on-are organization-sustaining costs that cannot be meaningfully assigned to individual customer transactions 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 activity-based costing study. The results of those interviews appear below: The manager of the Westfield branch of Security Home Bank provided the following data concerning the branch's transactions during the past year: Required: 1. Compute the activity rates for the activity-based costing system. Note: Round your answers to 2 decimal places
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