(Solved): a.) Determine the total budgeted cost for 2019.b.) Calculate the total budgeted annual support costs ...

Gorn Dominion Bank (GD) uses the ABC system to determine the costs to operate its checking and savings accounts. The bank has three activities that support these product lines: processing, customer support and database maintenance. The activity allocation rates for 2019 are as follows: Chapter 4 Cost Management Strategies The budgeted data for 2019 are as follows: GD expects to open 4,500 checking accounts and 3,000 savings accounts in 2019. a) Determine the total budgeted cost for 2019 . b) Calculate the total budgeted annual support costs per checking account. c) Calculate the total annual support costs per savings account.