Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below:

Activity Cost Pool	Total Cost		Total Activity
Researching legal issues	$	20,930	670	research hours
Meeting with clients	$	1,184,706	7,313	meeting hours
Preparing documents	$	92,290	5,770	documents

The activity rate for the meeting with clients activity cost pool is closest to:

Multiple Choice

• $91 per meeting hour

• $71 per meeting hour

• $162 per meeting hour

• $1,184,706 per meeting hour