County Bank Had the Following Activities, Traceable Costs, and Physical
Question 176
Question 176
Multiple Choice
County Bank had the following activities, traceable costs, and physical flow of driver units: Activities Open new accounts Process deposits Process with draw als Process loan applications Traceable Costs $90,00036,00030,00036,000 Physical Flow of Driver Units 1,000 accounts 400,000 dep osits 200,000 withdr awals 900 applications The above activities are used by North County branch and South County branch: New accounts Deposits Withdr awals Loan applic ations North 20040,00015,000100 South 40020,00018,000160 What is the cost per driver unit for the withdrawal activity?
A) $90.00 B) $0.09 C) $0.15 D) $40.00
Correct Answer:
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