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 Cost $180,950 $123,950 $101,355 Budgeted Activity of Cost Driver Product Product B Product C 21,400 9,700 7,400 8,700 16,400 8,400 1,975 1,000 2,850 Required: Compute the activity rates for each of the company's three activities. Activity Rate Expected Activity Activity Expected Costs - Lxpected LOSS Driver 180,950 123,950 101,355 3 11:02 PM