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 Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $ 646,000 1,188,000 Activity Driver 170,000 parts 1,485 batches 150,000 1,000 orders 210,000 370,000 82,000 2 models 600 invoices 50,000 square feet Compute the overhead activity rate for each activity, assuming the company uses activity-based costing. (Round your answers to 2 decimal places.) Activity Expected Costs Activity Driver Handling materials $ Inspecting product 646,000 1,188,000 170,000 parts 1,485 batches Processing purchase orders 150,000 1,000 orders Paying suppliers 210,000 600 invoices Insuring the factory 370,000 50,000 square feet Designing packaging 82,000 2 models $ 2,646,000 Activity Rate