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Perkins National Bank has collected the following information for four activities and two types of credit cards: Activity Rate ($) Gold Classic Driver Activity 7,200
Perkins National Bank has collected the following information for four activities and two types of credit cards: Activity Rate ($) Gold Classic Driver Activity 7,200 0.20 Transactions processed 12,000 Processing transactions 0.95 12,000 7,200 Number of statements Preparing statements 4.00 24,000 36,000 Number of calls Answering questions 1.50 48,000 14,400 ATM transactions Providing ATMS There are 4,900 holders of Classic cards and 19,800 holders of the Gold cards. Required: Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. 24.24 X Unit cost for Classic X 5.8 Unit cost for Gold
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