Required Information The following information applies to the questions displayed below) Hickory 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 labour-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 Machining Machine setups Production design General factory Activity Measure Machine hour's Number of setups Number of products Direct labour-hours Estimated Overhead Cost 3200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 H 200 setups 2 products 12,000 LHS Product ), Activity Measure Machine-hours Number of setups Number of products Direct Labouhours Product 7,000 se 1 1,000 150 1 4,000 Required: What is the activity rate for the Machine Setups activity cost pool Activity rate per setup