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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. Budgeted Activity of Cost Driver Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $140,000 $ 90,000 $ 82,000 Product A 20,000 8,000 1,625 Product B 9,000 15,000 1,000 Product C 6,000 7,000 2,500 Required: Compute the activity rates for each of the company's three activities. Activity Expected Activity Driver Activity Rate Expected Costs $ 140,000 90,000 82,000 3