QS 04-15 Computing activity rates LO P3 A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and cost driver activity for each of the company's three activity cost pools follow. Budgeted Activity of Cost Driver Activity Cost Pools Budgeted Cost Product A Product B Product C Activity 1 $200,000 22,000 10,000 8,000 Activity 2 $140,000 9,000 17.000 9,000 Activity 3 $110,250 2, 125 1,000 3,000 Required: Compute the activity rates for each of the company's three activities. Activity Rate Activity Expected Costs Expected Activity Driver 1 $ 200,000 2 140,000 3 110.250