The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to:

A) $129.26 per DLH
B) $161.57 per DLH
C) $877.63 per DLH
D) $28.53 per DLH

Activity Rate

The cost driver rate used in activity-based costing to allocate costs more accurately to products or services based on specific activities.

Activity Cost Pool

A category in activity-based costing that aggregates costs incurred from a specific activity, facilitating the assignment of those costs to products or services based on their use of the activity.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the amount of resources they consume.