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: Which of the following statements is true regarding this company's activity rates?

Group of answer choices

The activity rate under the activity-based costing system for Activity 2 is $2.00.

The activity rate under the activity-based costing system for Activity 2 is $16.00.

The activity rate under the activity-based costing system for Activity 2 is $1.50.

The activity rate under the activity-based costing system for Activity 2 is $19.50.

The activity rate under the activity-based costing system for Activity 2 is $2.81.

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 1 Activity 2 Activity 3 Budgeted Cost $70,000 S45,000 $82,000 Product A 6.000 7.000 2.500 Product B 9,000 15.000 1.000 Product 20.000 8.000 1.625 Which of the following statements is true regarding this company's activity rates? The activity rate under the activity-based costing system for Activity 2 is $2.00. The activity rate under the activity-based costing system for Activity 2 is $16.00. The activity rate under the activity-based costing system for Activity 2 is $1.50. The activity rate under the activity-based costing system for Activity 2 is $19.50