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Basic Product Costing
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
$35,000
Center overhead
77,000
Required
Compute the cost per processed check for September at ROC.
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