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 Budgeted Cost Product A Product B Product C Activity 1 $71,000 6,100 9,100 20,100 Activity 2 $46,000 7, 10e 15,100 8,109 Activity 3 $84, eee 2,600 1,100 1,725 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 $152. The activity rate under the activity based costing system for Activity 2 is $1548 The activity rate under the activity based costing system for Activity 2 is $1901 The activity rate under the activity based costing system for Activity 2 is $285