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 Budgeted Activity Product A Product B Product c Activity Cost Pool Activity 1 Activity 2 Activity 3 $ 86,000 $ 61,000 $ 114,000 7,600 8,600 4,100 10,600 16,600 2,600 21,600 9,600 3,225 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 $3.46. O The activity rate under the activity-based costing system for Activity 2 Is $11.49. The activity rate under the activity based costing system for Activity 2 is $2.15. O The activity rate under the activity based costing system for Activity 2 is $15.40. The activity rate under the activity-based costing system for Activity 2 is $175