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 Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $70,000 $45,000 $82,000 Budgeted Activity Product A Product 3 Product C 6.000 9.000 20,000 7,000 15,000 8,000 2,500 1,000 1,625 Which of the following statements is true regarding this company's activity rates? C) The activity rate under the activity based costing system for Activity 2 is $281 O The activity rate under the activity-based costing system for Activity is $100 Oo oo The activity rate under the activity-based coming system for Activity 2 is $19.50 The activity a ndere activity based costing system for Activity 2 is $200