Assume a company's activity-based costing system includes three activities. The following information is available with respect to those activities: Activity Cost Pool Testing Setups Molding Estimated Overhead Cost $ 150,000 $ 138,600 $ 220,000 Expected Activity 100,000 testing minutes 2,200 setup hours 10,000 machine hours What is the activity rate for the Setups activity? $53 per setup hour $63 per setup hour $73 per setup hour $83 per setup hour