7 A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Activity i Activity 2 Activity 3 Budgeted Cost 73,000 $48,000 $88,000 Product A Product B Product C 6,300 7,300 2,800 9,300 15,300 1,300 20,300 8,300 1,925 Which of the following statements is true regarding this company's activity rates? Multiple Choice The activity rate under the activity-based costing system for Activity 2 is $2.03. The activity rate under the activity-based costing system for Activity 2 is $14.61 Thaah, raka ".viar "as ar.hdhLhacarl matinn euetam tv ^r.hdh, ttee