N A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of the company's three activity cost pools follow. Activity Cost Pools: Activity 1 Activity 2 Activity 3 Budgeted Cost $187,200 $129,200 $104,280 Budgeted Activity of Cost Driver Product A Product B Product C 21,600 9,800 7,600 8,800 16,600 8,600 2,025 1,000 2,900 Required: Compute the activity rates for each of the company's three activities. Activity Expected Costs Expected Activity Driver Activity Rate 1 $ 187,200 2 3 129,200 104,280