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Metropolitan Bank uses activity-based costing to determine the cost of servicing customers. There are three activity pools: teller transaction processing, check processing, and ATM transaction
Metropolitan Bank uses activity-based costing to determine the cost of servicing customers. There are three activity pools: teller transaction processing, check processing, and ATM transaction processing. The activity rates associated with each activity pool are $3.70 per teller transaction, $0.20 per canceled check, and $0.08 per ATM transaction Brian Campbell had 15 teller transactions, 86 canceled checks, and 14 ATM transactions during the month. Determine the total monthly activity-based cost for Campbell during the month. Round your answer to the nearest cent
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