Nick Company has two products: A and B. The Company uses activity based costing. The total cost and activity for each of the company's three activity cost pools are as follows: Activity Cost Pool Total Cost Total Activity Product A Product B Total Activity 1 $32,600- 700 300 1,000 Activity 2 $17,600 600 200 800 Activity 3 $52,500 400 100 500 The activity rate under the activity based costing system for Activity 3 is closest to