Masher Corporation uses activity-based costing to determine product costs for external financial reports. Activity rates computed at the beginning of the year are used to apply manufacturing overhead costs to products. The company has provided the following data concerning its activitybased costing system. The data used to develop activity rates were: The actual activity for the year was: The actual total manufacturing overhead cost incurred for the year was $1,625,400. The activity rate computed at the beginning of the year for the batch setup activity cost pool is closest to