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 $ 82,000 $ 57,000 $106,000 7,200 8,200 3,700 10,200 16, 200 2,200 9 21,200 , 200 2,825 Which of the following statements is true regarding this company's activity rates? Multiple Choice 0 ( The activity rate under the activity-based costing system for Activity 2 is $2.12. 0 The activity rate under the activity-based costing system for Activity 2 is $12.15. 0 The activity rate under the activity-based costing system for Activity 2 is $1.70. 0 The activity rate under the activity-based costing system for Activity 2 is $15.97. 0 The activity rate under the activity-based costing system for Activity 2 is $3.30