Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. calculating abc unit costs perkins national bank h

Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities...

60.1K

Verified Solution

Question

Accounting

image

Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities and two types of credit cards: Activity Driver Classic Gold Activity Rate ($) Processing transactions Transactions processed 12,000 7,200 0.20 Preparing statements Number of statements 12,000 7,200 0.95 Answering questions Number of calls 24,000 36,000 4.00 Providing ATMs ATM transactions 48,000 14,400 1.50 There are 4,800 holders of Classic cards and 20,700 holders of the Gold cards. Required: Calculate the unit cost (rounded to the nearest cent) for Classic and Gold credit cards. Unit cost for Classic $ 34.96 Unit cost for Gold 8.36

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is the term for a group of diverse mations ruled by a common government...

Biology
Q

Which of the following sentences from the transcript "Address to the Nation on Central America"...

Biology
Q

Two capacitors 2 F and 4 F are connected in parallel A third capacitor of...

Physics
Q

Richard invests $120.72 every month into his 401k. At the end of 30 years, he...

Basic Math
Q

BULLOCK GOLD MINING Seth Bullock, the owner of Bullock...

Accounting
Q

Santa Fe purchased the rights to extract turquoise on a tract...

Accounting
Q

Question 3 Thunder Corporation, an amusement park, is considering a capital investment in a new...

Accounting
Q

Sampson Corp. is evaluating the introduction of a new product. The possible levels of unit...

Accounting
Q

Payroll is a good example of a case in which batch processing, by using magnetic...

Accounting
Q

help on part 2 Check my work Problem 11-2A...

Accounting
Q

Renue Spa had the following balances at December 31, Year 2: Cash of $11,000, Accounts...

Accounting
Q

Dahlia Enterprises needs someone to supply it with 130,000 cartons of machine screws per year...

Finance