Calculating ABC Unit Costs

Perkins National Bank has collected the following information for four activities and two types of credit cards:

Activity	Driver	Classic	Gold	Activity Rate
Processing transactions	Transactions processed	12,000	7,200	$0.20
Preparing statements	Number of statements	12,000	7,200	0.95
Answering questions	Number of calls	24,000	36,000	4.00
Providing ATMs	ATM transactions	48,000	14,400	1.50

There are 7,500 holders of Classic cards and 30,000 holders of Gold cards.

Required:

Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards.

Unit cost for Classic	$
Unit cost for Gold	$