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 $71,000 $46,000 $84,000 6,100 7,100 2,600 9,100 15,100 1,100 20,100 8,100 1,725 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 $2.01. The activity rate under the activity-based costing system for Activity 2 is $15.48. The activity rate under the activity-based costing system for Activity 2 is $1.52. The activity rate under the activity-based costing system for Activity 2 is $19.01. O O The activity rate under the activity-based costing system for Activity 2 is $2.85