The examination is open book. As a result, the examination is challenging. You may have to use the index in the textbook and search engines on the Web to research certain terms that are not in the chapters you covered.
Paul Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows:
Activity Estimated Expected Activity
Cost Pool Cost Product A Product B Total
Activity 1 $22,000 400 100 500
Activity 2 $16,240 380 200 580
Activity 3 $14,600 500 250 750
what the activity rate under the activity-based costing system for Activity 3 is closest to ?