Budgeting Process and Activity-Based Budgeting: A service company is implementing activity-based budgeting for its customer service department. The department identifies three major activities: phone support, email support, and live chat support. The estimated costs for each activity are $50,000, $30,000, and $20,000 respectively. Allocate the budgeted costs to each activity based on their expected usage and discuss the advantages of using activity-based budgeting for resource allocation and performance evaluation.