FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Berkeley Bank reports the following information about resources in two functions.
Cost Driver Rate
Resources used
Process transactions.
Process accounts
Resources supplied
Process transactions
Process accounts
$
Process transactions
Process accounts
$
0.01 per transaction
250 per account
$630, 000
$306, 000
Required:
Compute unused resource capacity at Berkeley Bank.
Unused Resource
Capacity
Cost Driver Volume
40,000,000 transactions
950 accounts
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Transcribed Image Text:es Berkeley Bank reports the following information about resources in two functions. Cost Driver Rate Resources used Process transactions. Process accounts Resources supplied Process transactions Process accounts $ Process transactions Process accounts $ 0.01 per transaction 250 per account $630, 000 $306, 000 Required: Compute unused resource capacity at Berkeley Bank. Unused Resource Capacity Cost Driver Volume 40,000,000 transactions 950 accounts
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