C Foundational (LO4-1, LO4-2, L04-3, L04-4) Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setup Number of products Direct labor-hours Estimated Overhead Cost $ 209,000 $ 171,100 $ 93,000 $ 259,000 Expected Activity 10,000 MHS 290 setups 2 products 10,000 DO Activity Measure Machining Number of setups Number of producto Direct labor-hours Product Y 8,900 50 1 8.900 Product 2 1,100 240 1 1,100 Foundational 4-3 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate Der MH