3. The Tavern is a popular restaurant located in State College. The owner of the restaurant has been trying better understand costs at the restaurant and has hired a student intern to conduct an activity-bas costing study. The intern, in consultation with the owner, identified the following major activities: Activity Cost Pool Activity Measure Serving a party of diners Serving a diner Serving drinks Number of parties served Number of diners served Number of drinks ordered Some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. Other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. Data concening these activities are displayed below. Serving a Party $8,400 Serving a Dinner Total cost Total activity Serving Drinks $43,400 Total $78,400 $26,600 1,750 parties 3,500 diners 14,000 drinks Prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month was $78,400 and that 3,500 diners had been served. Therefore, the average cost per diner was $22.40 ($78,400 +3,500 diners $22.40 per diner). Required 1. Compute the activity rates for each of the three activities. (Round your final answers to 2 decimal places.) Cost per unit of Serving a Party per party Serving a Diner er diner per drink Serving Drinks