Alphonse has the following estimates for the upcoming year: Activity Cost Estimated Pool Overhead Cost Machine $46,200 related Machine setups $ 26,400 Product testing $118,000 Production 153,000 orders Estimated Activity 21,000 machine-hours 220 setups 530 tests 170 orders Compute the activity rate for the machine setup cost pool (Round your answer to 2 decimal places). Multiple Choice $2.20 $120.00 $15.68 $3.42