You work for Thunderduck Custom Tables Inc. The company designs and manufactures specialty tables. Thunderduck Custom Tables uses ABC to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of Thunderduck Custom Table's three activity cost pools follow. Activity Cost Pools Activity 1 Activity 2 Activity 3 Budgeted cost $118,800 $ 72,800 $ 71,820 Budgeted Activity of Cost Driver Product Product B Product C 19,200 8,600 5,200 7,600 14,200 6,200 1,425 1,000 2,300 Required: Compute the activity rates for each of Thunderduck Custom Table's three activities. Thunderduck Custom Table's uses activity based costing Expected Activity Activity Driver Activity Rate Expected Costs $ 118,800 72,800 1 2 3 71,820