This is an example of ABC for a service company. Costco Payroll Services provides weekly payroll processing for a number of small business. Patrick Costco, the company's owner, has been using activity-based costing system for several years. He used the following information in preparing this year's budget. Activity Cost Pool Total Cost Driver Expected Driver Volume Setting up new employees $75,000 No. of employees 500 processing weekly payroll $780, 000 No. Of paychecks printed 2,500, 000 Weekly reporting $300, 000 No. Of clients 100 Annual tax reporting $240, 000 No. Of W-2s printed 50, 000 Required: Calculate the four activity rates. Patrick is preparing a proposal for a prospective client, Turlock Dialysis Center. The client has 20 employees. What is the estimated cost of providing weekly payroll services to this client for the first year? Submit assignment by 11:30 pm on Friday June 17. Remember, you can submit your file once