3 Assume a company's activity-based costing system includes three activities. The following information is available with respect to those activities: Activity Cost Pool 4 Testing $ 150,000 points Setups Molding $ 145,200 Estimated Overhead Cost Expected Activity 100,000 testing minutes 2,200 setup hours $ 220,000 10,000 machine hours What is the activity rate for the Setups activity? Multiple Choice $56 per setup hour $66 per setup hour $76 per setup hour $86 per setup hour