Big City Bank processes the checks its customers write at Riverdale Operations Center (ROC). ROC processed 1,240,000 checks in September. It takes only seconds to process a check, so none are left unprocessed at the end of the day. ROC cost data from September show the following costs: Labor Center overhead $ 22,520 89,080 Required: Compute the cost per processed check for September at ROC. (Round your answer to 2 decimal places.)

Big City Bank processes the checks its customers write at Riverdale Operations Center (ROC). ROC processed 1,240,000 checks in September. It takes only seconds to process a check, so none are left unprocessed at the end of the day. ROC cost data from September show the following costs: Labor Center overhead $ 22,520 89,080 Required: Compute the cost per processed check for September at ROC. (Round your answer to 2 decimal places.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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