Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $435,620 Number of machine hours 96,525 Number of design hours 76,267 Number of batches Estimated Cost Driver 94,700 9,750 530 E4-3 (Algo) Calculating Activity Rates, Classifying Activities [LO 4-2, 4-4] Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Activity Rate Machining Design Costs per Design Hour per Machine ur Setup per Batch Required 1 Required 2 Classify each activity as facility, product, batch, or unit level. Machining Design Setup