Foss Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity-based costing system:

Overhead costs: Wages and salaries$70,000Other expenses40,000Total$110,000

Distribution of Resource Consumption:

Activity Cost Pools Making BouquetsDeliveryOtherTotalWages and salaries55%35%10%100%Other expenses45%25%30%100%

The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows:

Activity Cost PoolActivityMaking bouquets20,000 bouquetsDelivery7,000 deliveries

What would be the total overhead cost per bouquet according to the activity-based costing system, rounded to the nearest whole cent? In other words, what would be the overall activity rate for the Making Bouquets activity cost pool?

Multiple Choice

$2.48

$2.75

$2.83

$3.03