Assume a company’s activity-based costing system includes three activities. The following information is available with respect to those activities: Activity Cost Pool Estimated Overhead Cost Expected Activity Testing $ 150,000 100,000 testing minutes Setups $ 110,000 2,200 setup hours Molding $ 220,000 10,000 machine hours What is the activity rate for the Testing activity? Multiple Choice $1.50 per testing minute $15.00 per testing minute $0.15 per testing minute $1.15 per testing minute