Activity Rates Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Drivers for the four activities are as follows: Vaquero Vaquera Cutting hours 2,300 5,400 Assembly hours 2,750 4,650 Inspection hours 2,430 Rework hours The following activity data have been collected: 700 100 450 $138,600 Cutting Assembling $259,000 $68,860 Inspecting Reworking $33,000 Required: Calculate the activity rates that would be used to assign costs to each product. If required, round your answers to the nearest cent. Cutting: Assembling: per cutting hour per assembling hour per inspecting hour per reworking hour Inspecting: Reworking: 01 Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities and two types of credit cards: Classic Gold Activity Rate ($) Activity Processing transactions Preparing statements 12,000 7,200 0.20 Driver Transactions processed Number of statements Number of calls ATM transactions 12,000 7,200 0.95 Answering questions 24,000 36,000 4.00 Providing ATMs 48,000 14,400 1.50 There are 4,800 holders of Classic cards and 20,100 holders of the Gold cards. Required: Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. Unit cost for Classic 34.7 x Unit cost for Gold 8.3 x Feedback Check My Work Determine the unit cost per product by dividing the total cost by the number of units. The first step is to total all costs by product using the activity driver and rate