Check my work 3 Required information The following information applies to the questions displayed below.) Hickory 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 $732,100 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: Part 3 of 15 0.66 polnts Estimated Overhead Cost Skipped Activity Activity Cost Pool Machining Machine setups Product design General factory Activity Neasure Machine-houra Number of setups Number of products 93,000 Direct labor-hours 259,000 12,000 DLHs 209,000 10,000 MHs 171,100 290 setups eBook Print References Activity Measure Product YProduct Z Machine-hours Number of setups Number of products Direet labor-hours 7,900 50 2,100 240 8,900 3,100 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) rate per MH