Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to five separate activity pools. The budgeted activity cost and activity base data by product are provided below. The activity rate (rounded to the nearest cent) for the procurement activity cost pool is a. $331.22 per purchase order b. $74.18 per purchase order c. $208.61 per purchase order d. $22.97 per purchase order