Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Estimated Total Cost Activity Cost Pools Machining Setup Quality control Estimated Cost Driver $329,000 12,100 machine hours 63,000 86,000 350 batches 740 inspections Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.) per Machine Machining Setup Costs Quality Control Hour per Batch per Inspection Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows Total Cost of Pool Activity Cost Pools Machining Designing costs Setup costs Estimated Cost Driver 82,500 7,600 Cost Driver $247,000 66,000 64,000 Number of machine hours Number of design hours Number of batches 440 Required 1. Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Machining Design Costs Setup Activity Rate per Machine Hour per Design Hour per Batch 2. Classify each activity as facility, product, batch, or unit level Machining Design Setup