Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 231,600 Product Y Product Z Expected Activity 12,000 MHs 130 setups 2 products $ 55,900 $ 77,000 $ 364,500 15,000 DLHS Number of setups Number of products Direct labor-hours 7,300 40 4,700 90 1 1 7,300 7,700 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup