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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.

Line Item Description	Activity Cost	Activity Base
Procurement	$358,200	Number of purchase orders
Scheduling	211,100	Number of production orders
Materials handling	499,600	Number of moves
Product development	720,400	Number of engineering changes
Production	1,488,800	Machine hours

Line Item Description	Number of Purchase Orders	Number of Production Orders	Number of Moves	Number of Engineering Changes	Machine Hours	Number of Units
Disk drives	3,840	270	1,440	10	1,700	2,100
Tape drives	2,400	245	660	3	9,800	3,500
Wire drives	12,400	840	4,400	27	10,900	3,000

The activity rate (rounded to the nearest cent) for the procurement activity cost pool is

a. $66.46 per purchase order

b. $155.79 per purchase order

c. $19.22 per purchase order

d. $264.35 per purchase order