X Company makes two liquid products that come in 2.5 gallon containers. X Company has identified the following activity cost pools and the associated overhead costs. Activity Cost Pool Purchasing Processing Packaging Testing Storing Cleaning Estimated Overhead Cost $300,000 $1,500,000 $600,000 $220,000 $180,000 $400,000 $3,300,000 Total The company has also prepared the following table showing expected activity levels The company has also prepared the following table showing expected activity levels Expected Usage Cost Pool Cost Driver Product A Product B Purchasing # of purchase orders 800 700 Processing 400,000 600,000 # of gallons processed # of containers filled Packaging 160,000 240,000 Testing # of tests 2,100 1,900 Storage 11,000 7,000 Ave. # of gallons on hand # of batches Cleaning 350 450 Compute the activity-based overhead rate for the Purchasing cost pool. Do not enter dollar signs and give your answer to the nearest dollar. For example $2.58 per hour should entered as 3