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Houston National Bank
Houston National Bank Had the Following Activities,traceable

Question 39

Multiple Choice

Houston National Bank
Houston National Bank had the following activities,traceable costs,and
Physical flow of driver units:
Activities  Traceable  Costs  Physical flow of Driver Units  Open new accounts  $50,000 1,000 accounts  Process deposits 36,000400,000 deposits  Process withdrawals 15,000200,000 withcrawal  Process loan applications 27,000900 applications \begin{array}{lll}\text {\underline{Activities }} & \begin{array}{l}\text { Traceable } \\\text {\underline{ Costs }}\end{array} & \begin{array}{l}\text { Physical flow of } \\\text {\underline{Driver Units} }\end{array} \\\text { Open new accounts } & \text { \$50,000 } & 1,000 \text { accounts } \\\text { Process deposits } & 36,000 & 400,000 \text { deposits } \\\text { Process withdrawals } & 15,000 & 200,000 \text { withcrawal } \\\text { Process loan applications } & 27,000 & 900 \text { applications }\end{array}

The above activities are used by the Memorial branch and the University branch:

  Memorial  University 
 New accounts  200  400
 Deposits  40,000  20,000
 Withdrawals  15,000  18,000
 Loan applications  100  160

Refer to Houston National Bank.How much of the loan application cost will be assigned to the Memorial branch?


A) $3,000
B) $4,800
C) $ 7,800
D) $27,000

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