Exercise E$9-9$ Computing Activity$-$Based Costing Rates Learning objective $3$ Similar to Recall and Review $2$ The partners of Rozow and Cardis, CPAs, decide to implement an activity$-$based costing system for their firm. They identify the following three cost pools and budgeted amounts for each for the coming year: fringe benefits, $$300,000$; administrative support, $$175,000$; and audit support, $$450,000.$ It is determined that the best cost driver for fringe benefits is professional labor dollars $($$$1,000,000)$; administrative support is partner labor hours $(3,500)$; and audit support is professional labor hours $(15,000).$ Compute the budgeted overhead rates for each of the three cost pools.