Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Dallas 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 36,000 400,000 deposits Process withdrawals 15,000 200,000 withdrawals Process loan applications 27,000 900 applications 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 Dallas National Bank. What is the cost per driver unit for the loan application activity

Sagot :

anthougo

Answer:

Dallas National Bank

The cost per driver unit for the loan application activity is:

= $30

Explanation:

a) Data and Calculations:

Activities                         Traceable Costs   Physical flow

                                                                     of Driver Units            Rate

Open new accounts         $50,000                 1,000 accounts      $50

Process deposits                36,000            400,000 deposits       $0.09

Process withdrawals           15,000            200,000 withdrawals $0.075

Process loan applications  27,000            900 applications        $30

                        Memorial  University

New accounts         200            400

Deposits            40,000       20,000

Withdrawals       15,000        18,000

Loan applications   100              160

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.