A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of the company's three activity cost pools follow. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost 100,000 30,000 50,000 Product 8,000 4,000 2,500 Product B 10,500 15,000 4,000 P roduct C 37,000 16,000 3,500 1. Compute the overhead activity rates for each of the company's three activities. 2. Compute the total amount of overehead allocated to Product A. Assume the actual activity usage was the same as the budgeted activity for Product A