Schoeninger, Inc

Schoeninger, Inc., manufactures and sells two products: Product X1 and Product I6. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The activity rate for the Machine Setups activity cost pool under activity-based costing is closest to:

A) $67.97 per setup
B) $62.52 per setup
C) $73.20 per setup
D) $61.10 per setup