Millner Corporation has provided the following data from its activity-based costing accounting system:

Activity Cost Pool Designing products Setting up batches Total Cost $ 1,372,448 Total Activity 7,798 product design hours 740 batch set-ups 6,640 assembly hours $ 33,300 Assembling products $ 126,160 The activity rate for the "designing products" activity cost pool is closest to: $1,372,448 per product design hour $176 per product design hour $57 per product design hour $101 per product design hour 52 points Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Total Cost: Total Activity $ 20,480 640 research hours Researching legal issues Meeting with clients. 7,253 meeting hours $1,182,239 $91,840 Preparing documents 5,740 documents The activity rate for the "meeting with clients" activity cost pool is closest to: $95 per meeting hour $1,182,239 per meeting hour $61 per meeting hour $163 per meeting hour