Big City Bank processes the checks its customers write at Riverdale Operations Center (ROC). ROC processed 2,800,000 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 $ 35,000 77,000 Required: Compute the cost per processed check for September at ROC. (Round your answer to 2 decimal places.) Cost per check

Big City Bank processes the checks its customers write at Riverdale Operations Center (ROC). ROC processed 2,800,000 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 $ 35,000 77,000 Required: Compute the cost per processed check for September at ROC. (Round your answer to 2 decimal places.) Cost per check

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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