Calculating ABC Unit Costs Community Credit Union has collected the following information for four activities and two types of credit cards: Activity Driver Silver Premium Activity Rate Processing transactions Transactions processed 20,000 12,000 $0.20 Preparing statements Number of statements 20,000 12,000 0.85 Answering questions Number of calls 40,000 60,000 2.00 Providing ATMs ATM transactions 80,000 24,000 1.80 There are 12,500 holders of Silver cards and 50,000 holders of Premium cards. Required: Calculate the unit cost (rounded to the nearest cent) for Silver and Premium credit cards. Unit cost for Silver Unit cost for Premium $ 3.52 X 19.60 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