Chan Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go- karts fast and standard Activity Handling materials Inspecting product Processins purchase orders Paying suppliers Insuring the factory Desing packaging Expected Costs $702,000 1,057,000 185,000 255,000 460,000 92.000 Activity Driver 260,000 parts 1.510 batches 1.400 orders 850 invoices 57,500 square feet models Compute the overhead activity rate for each activity, assuming the company uses activity-based costing (Round your answers to 2 decimal places.) Expected Costs Activity Driver Activity Rate $ 702 000 260,000 parts 1057,000 1,510 batches Activity Handing matonats Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging 185,000 1.480 orders 850 invoices 255,000 460,000 57,500 square foot 2 models 91,000 2,750,000 $