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A comparyy 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

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A comparyy 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: Which of the following statements is true regarding this company's activity rates? The activity rate under the activity-based costing system for Activity 2 is $2.81. The activity rate under the activity-based costing system for Activity 2 is $2.00. The activity rate under the activity-based costing system for Activity 2 is $16.00. The activity rate under the activity-based costing system for Activity 2 is $19.50. The activity rate under the activity-based costing system for Activity 2 is $1.50

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