After attending the new training on Activity Based Costing, the manager of Great Little Ones Pty Ltd wants to adapt ABC costing method. Their accountant advised them they could allocate overheads to the following activities and use cost drivers as below: 080 ABC Costing Cost ($) Cost drivers Cost ($) Cost drivers Cost Drivers 3 3-5 Total old old years years years old Cooking $50,000 The number of meals 235 470 47 1175 Administration $100,000 The number of 450 500 300 1250 tasks Occupancy $350,000 The number of 30 40 40 40 40 110 square meters used Total indirect $500,000 cost