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 Product A Product B Product c Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $76,000 $ $51,000 $94,000 6,600 7,600 3,100 9,600 15,600 1,600 20,600 8,600 2,225 Which of the following statements is true regarding this company's activity rates? W Multiple Choice The activity rate under the activity-based costing system for Activity 2 is $160. The activity rate under the activity-based costing system for Activity 2 is $3.06. The activity rate under the activity-based costing system for Activity 2 is $13.57 The activity rate under the activity-based costing system for Activity 2 is $207 The activity rate under the activity-based costing system for Activity 2 is $17 24. Fogel Co. expects to produce 114,000 units for the year. The company's flexible budget for 114,000 units of production shows vadable overhead costs of $159,600 and fixed overhead costs of $133,000. For the year, the company incurred actual overhead costs of $253,800 while producing 107.000 units Compute the controllable overhead variance and classify it as favorable or unfavorable. (Round cost per unit to 2 decimal places) Flexible Budget Flexible Budget Variable Amount per Total Fixed Unit Cost 140 114 000 units 107.000 Variable cost $ 150 000 Fed coche $ 120.800.00 133.000 3 202.000 Total Texible budget Controllable Overhead Variance Total actual overhead cost 253,800 Total Texible budget amount Controllable overhead variance vocable