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Calculating ABC Unit Costs Perry National Bank has collected the following information for four activities and two types of credit cards: Activity Driver Classic Gold

Calculating ABC Unit Costs

Perry 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 8,000 4,800 0.15
Preparing statements Number of statements 8,000 4,800 0.90
Answering questions Number of calls 16,000 24,000 3.00
Providing ATMs ATM transactions 32,000 9,600 1.20

There are 5,200 holders of Classic cards and 19,200 holders of the Gold cards.

Required:

Calculate the unit cost for Classic and Gold credit cards. Round your answers to the nearest cent.

Unit cost
Classic $
Gold $

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