Activity-Based Costing for a Service Business

Metropolitan Bank uses activity-based costing to determine the cost of servicing customers. There are three activity pools: teller transaction processing, check processing, and ATM transaction processing. The activity rates associated with each activity pool are $3.20 per teller transaction, $0.20 per canceled check, and $0.08 per ATM transaction. Julie Stone had 8 teller transactions, 86 canceled checks, and 20 ATM transactions during the month.

Determine the total monthly activity-based cost for Stone during the month. Round your answer to the nearest cent. $