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 $ 89,000 $ 64,000 $120,000 Budgeted Activity Product A Product B Product C 7,900 10,900 21,900 8,900 16,900 9,900 4,400 2,900 3,525 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 $1.79. The activity rate under the activity-based costing system for Activity 2 is $11.09. The activity rate under the activity-based costing system for Activity 2 is $15.06. The activity rate under the activity-based costing system for Activity 2 is $2.19. The activity rate under the activity-based costing system for Activity 2 is $3.58