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 co Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $ 90,000 $ 65,000 $122,000 Budgeted Activity Product Product B Product C 8,000 11,000 22,000 9,000 17,000 10,000 4,500 3,000 3,625 Book 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 SM 97 O The activity me under the way based coming to Ay 21 $2 20 The activity under the activity based costing soor Activity 2 5181 The activity rate under the actvity based costing system for Activity is $362 The activity rate under the activity based costing system for Activy 2 $1097