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Perkins National Bank has collected the following information for four activities and two types of credit ca Activity Gold Activity Rate ($) Processing transactions Preparing statements Answering questions Providing ATMs There are 5,000 holders of Classic cards and 20,800 holders of the Gold cards. Required: Driver Unit cost for Gold Transactions processed Number of statements Number of calls ATM transactions REFERRA X Classic X 12,000 Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. Unit cost for Classic 7,200 12,000 7,200 24,000 36,000 48,000 14,400 0.20 0.95 4.00 1.50

Perkins National Bank has collected the following information for four activities and two types of credit ca Activity Gold Activity Rate ($) Processing transactions Preparing statements Answering questions Providing ATMs There are 5,000 holders of Classic cards and 20,800 holders of the Gold cards. Required: Driver Unit cost for Gold Transactions processed Number of statements Number of calls ATM transactions REFERRA X Classic X 12,000 Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. Unit cost for Classic 7,200 12,000 7,200 24,000 36,000 48,000 14,400 0.20 0.95 4.00 1.50

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities and two types of credit cards: Gold Activity Rate ($) Activity Processing transactions Preparing statements Answering questions Providing ATMs There are 5,000 holders of Classic cards and 20,800 holders of the Gold cards. Unit cost for Classic Driver Unit cost for Gold Transactions processed Number of statements Number of calls ATM transactions S 9 X Classic Required: Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. X 12,000 7,200 12,000 7,200 24,000 36,000 48,000 14,400 0.20 0.95 4.00 1.50
Transcribed Image Text:Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities and two types of credit cards: Gold Activity Rate ($) Activity Processing transactions Preparing statements Answering questions Providing ATMs There are 5,000 holders of Classic cards and 20,800 holders of the Gold cards. Unit cost for Classic Driver Unit cost for Gold Transactions processed Number of statements Number of calls ATM transactions S 9 X Classic Required: Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. X 12,000 7,200 12,000 7,200 24,000 36,000 48,000 14,400 0.20 0.95 4.00 1.50
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