Margaret's Payroll Services provides weekly payroll processing for a number of small businesses. Margaret Taylor, the company's owner, has been using an activity-based costing system for several years. She used the following information in preparing this year's budget. Activity Cost Pool Total Cost Cost driver Expected Driver Volume 690 Setting up new employees Processing weekly payroll Weekly reporting Annual tax reporting $86,940 793,000 359,050 254,380 Number of new employees Number of paychecks printed Number of clients Number of W-2s printed 3,050,000 215 79,000 Your answer has been saved. See score details after the due date. Calculate the cost rates for each activity cost pool. (Round Processing weekly payroll and Annual tax reporting answers to 2 decimal places, e.g. 52.75.) Cost Pool Activity Rate Setting up new employees 126 per new employee Processing weekly payroll $ .26 per check Weekly reporting $ 1670 per client Annual tax reporting $ 3.22 per W-2 Margaret is preparing a proposal for a prospective client, Barney's Bistro. The client has 70 employees. What is the estimated cost of providing weekly payroll services to this client for the first year? (Round Annual tax reporting and Total of activity rate answers to 2 decimal places, e.g. 52.75.) Cost Pool Activity Rate Setting up new employees $ Processing weekly payroll Weekly reporting Annual tax reporting Total $ Save for Later Attempts: 0 of 1 used Submit