Greenwood Company manufactures two products $-15,000$ units of Product $Y$ and $7,000$ 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 $Z$ :

$\backslash$table$[[,,$Estimated,$],[$Activity Cost Pool,Activity Measure,Overhead Cost,Expected Activity$],[$Machining$,$Machine$-$hours,$$224,400,11,000$ MHs$],[$Machine setups,Number of setups,$$129,600,240$ setups$],[$Production design,Number of products,$$88,000,2$ products$],[$General factory,Direct labor$-$hours,$$254,000,10,000$ DLHs$]]$

$\backslash$table$[[$Activity Measure,Product Y$,$Product Z$],[$Machining$,8,400,2,600],[$Number of setups,$60,180],[$Number of products,$1,1],[$Direct labor$-$hours,$8,400,1,600]]$

Foundational $4-4($Algo$)$

$4.$ What is the activity rate for the Machine Setups activity cost pool?

Activity rate

per setup