our 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:                 Estimated Expected Activity       Activity Cost Pool  Cost Product A Product B Total       Machine related          $17,600 700 300 1,000 MH   Batch setup     $32,600 600 200 800 Setups   Other   $52,500 900 500 1,400 DLH                                         What is the activity rate under the activity-based costing system for Batch setups? Group of answer choices $54.33 $40.75 $40.75 per Setup $16.30 $16.30 per Setup $54.33 per Setup

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.