O 3 Part 3 of 15 Required Information Foundational (LO4-1, L04-2, L04-3, L04-4) Greenwood Company manufactures two products-14.000 units of Product Y and 6,000 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: Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours $ 200,000 10,000 M Machine setups Number of setups $ 100,000 2009 setups Production design Number of products $ 34,000 2 products General factory Direct labor-hours $ 300,000 12,000 DLHS 10 points skape 000 Product & 8,000 Activity Mature Machining aber of setups Number of products Direct labor-hours Product 2 2,000 16e 1 3,000 References 1 9.000 Foundational 4-3 3. What is the activity rate for the Machining activity cost pool