Examine the transaction-related activity cost s in the first column in Exhibit 19-3. These costs are required to make sure basic journal entries are properly recorded and monitored throughout the firm to safeguard the firm's assets. Account clerks complete much of the detailed work. However, financial analyst s are also involved in assessing transaction and undertaking analysis in order to complete their financial reporting responsibilities. As a result of the ABC analysis, the CFO estimates $406,200 of the total labor cost pool of $1,310,600 is associated with transaction-related activities.