Madison Wallcoverings uses an activity-based costing system. After printing wide rolls of wallpaper, the rolls are slit to the proper width. The slitting activity cost pool totals $148,000, and the number of slits is the activity cost driver. The company completed a total of 40,000 slits over 8,000 batches, with an average of 5 cuts per batch. Based on this information, what is the activity rate for Hargrove's slitting activity cost pool? ROUND YOUR NUMERICAL ANSWER TO 2 DECIMAL PLACES, INCLUDING ANY ZEROS (\#.\#\#). DO NOT INCLUDE A \$ IN YOUR ANSWER. $ per