45. Implement activity-based costing for a service company with the following data:

Activity	Total Cost ($)	Cost Driver	Cost Driver Quantity
Activity 1	50,000	Units Produced	20,000
Activity 2	45,000	Number of Customers	400
Activity 3	60,000	Machine Hours	8,000

Requirements:

• Calculate the cost per unit of the cost driver for each activity.
• Assign overhead costs to products using activity rates.
• Present the allocation process in a table format.
• Discuss the advantages of ABC over traditional costing methods.
• Identify potential limitations of ABC implementation.
• Provide recommendations for effective implementation.