County Bank Had the Following Activities, Traceable Costs, and Physical
Question 70
Question 70
Multiple Choice
County Bank had the following activities, traceable costs, and physical flow of driver units: Activities Open new accounts Process deposits Process with drawals Process loan applications Traceable Costs $90,00036,00030,00036,000 Physical Flow of Driver Units 1,000 accounts 400,000 deposits 200,000 withdrawals 900 applications The above activities are used by North County branch and South County branch: New accounts Deposits With drawals Loan applications North 20040,00015,000100 South 40020,00018,000160 The cost per driver unit for the loan application activity is:
A) $90.00 B) $0.15 C) $40.00 D) $0.09
Correct Answer:
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