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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

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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 OVERHEAD COSTS PRODUCTA PRODUCT B PRODUCT C ACTIVITY 1 $60,000 8,000 9,000 13,000 ACTIVITY 2 $45,000 7,000 13,000 8,125 ACTIVITY 3 $82,000 2,400 1,100 1,625 What are the activity rates for the three activities under activity-based costing? Select one: O (1) $3.50; (2) $3.00; (3) $16.00. (1) $2.00; (2) $1.50; (3) $16.00. (1) $2.00; (2) $3.00; (3) $3.50. (1) $2.50; (2) $1.50; (3) $20.00. (1) $2.50; (2) $1.50; (3) $16.00. (1) $2.00; (2) $1.60; (3) $16.00. (1) $3.50; (2) $1.50; (3) $32,80

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