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 Pools Activity 1 Activity 2 Activity 3 Budgeted Coat $123,950 $ 76,950 $ 74,305 Budgeted activity of cost Driver Product A Product B Producto 19,400 8,700 5,400 7.700 14,400 6.400 1,475 1.000 2,350 Required: Compute the activity rates for each of the company's three activities. Expected Activity Driver Activity Rato Activity Expected Costs 1 $ 123,950 2 76,950 3 74,305