Nick Company has two products: A and B. The company uses activity-based costing. The total cost and activity for each of the company's three activity cost pools are as follows: 
The activity rate under the activity-based costing system for Activity 3 is closest to:
Definitions:
Bureau Of Labor Statistics
A U.S. government agency that collects and analyses economic data to report on labor market activity, working conditions, and price changes.
Discouraged Workers
Individuals who are not actively seeking employment due to a belief that no jobs are available for them.
CPI
The Consumer Price Index is a metric that calculates the average cost of a selection of consumer items and services, including food, transportation, and healthcare, by looking at their weighted average prices.
Inventory Cycles
Fluctuations in inventory levels within industries or businesses, affected by changes in demand, supply chain dynamics, and production planning.
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